Calculation formula for receiving employee pension insurance money

Endowment insurance, for everyone, as long as there is payment, is the guarantee of life. Everyone pays old-age insurance to provide security for their future old-age life, but many people don't know the amount they receive, so what is the calculation formula for receiving employee old-age insurance?

1. What is the calculation formula for receiving employee pension insurance?

1, pension = basic pension+personal account pension;

2. Basic pension? = (last year's average monthly salary of employees in the province+my average monthly payment salary) ÷2× payment period ×1%; Personal account pension = personal account storage amount ÷ months.

According to the above formula, you can put your own money in, and then you can work out what your pension cost is. If you don't know how to convert, you can go directly to the offline social security center and ask the staff to help us calculate.

Second, what is the standard for receiving employee pension insurance?

1, has reached the statutory retirement age and has gone through retirement procedures;

2, units and individuals to participate in old-age insurance and fulfill the obligation to pay old-age insurance premiums;

3. The payment period of individual endowment insurance reaches 15 years, and the payment period during the transition period includes the deemed payment period.

At the same time, people who meet the above three conditions can go through retirement procedures and then receive old-age insurance. At present, we have said that the legal retirement age of enterprise employees is 60 for men, 55 for freelancers and self-employed women, and 50 for women engaged in special industries.

3. What is the function of employee pension insurance?

1, through the establishment of old-age insurance, it is conducive to the normal intergenerational replacement of labor groups, the elderly are provided with a sense of security, the newly growing labor force is successfully employed, and the rationalization of employment structure is guaranteed.

2. For on-the-job employees, participating in endowment insurance means that they have expectations for their future old-age life and are free from worries. From a social point of view, more people are stable and less impetuous, which is conducive to social stability.

3. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.

The above is all the contents of the calculation formula for receiving employee pension insurance. Old-age insurance is still very useful to us, and it can provide a good old-age life.