How much pension can Meitehao employees get when they retire?

1. Calculation method of pension collection: pension = basic pension+personal account pension; Basic pension = (average monthly salary of local employees in the previous year when the insured retires+average monthly payment salary of the insured) ÷2* payment period *1%; Personal account pension = the accumulated amount of personal account when the insured retires ÷ the calculated months are less than the statutory retirement age, and the accumulated amount of personal account is more than that when the insured retires normally. The formula for calculating the basic pension for retired employees is the same in China (average salary of employees in provinces and cities in the previous year * 20%+1principal and interest calculated from the amount stored before the end of 995/120+ adjustment fund) *( 1- years ahead of schedule *2%). However, there are some differences among provinces, cities and districts on the issue of retirement. You should consult the local social security agency. 2. According to Article 15 of the Social Insurance Law, the basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Legal objectivity:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) * * * Basic Pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.