Flexible employment 20 years of social security retirement pay table

Now the nationally standardized formula for calculating employee pension insurance: pension consists of two parts: "personal account pension" and "basic account pension".

Assuming that the participant is in Beijing, the average salary is 7,855 yuan. Generally speaking, flexible workers need to contribute 20% of their salary to the pension insurance. Only 8% of this amount goes into the individual pension account, and the remaining 12% goes into the social insurance.

So we can calculate that the insured person every month to pay the pension insurance are these: pension insurance contributions = 7855 × 60% × 20% = 942 yuan, assuming that the average social wage has been rising at a rate of 5%, then the insured person at the age of 60 years old when he retired, the personal account of a **** cumulative contribution of 107,000 yuan. In the first month of retirement, the participant receives a pension of 966 yuan.

As you can see, if you are in a first or second-tier city, you can get about 1,000 yuan a month after retirement if you pay 20 years of social security at the lowest level as a flexible employee. Of course, these are theoretical calculations, in general, the higher the local average social wage, the higher the level of pension insurance contributions, the more you can receive a pension after retirement.