How to calculate the social security part paid by the unit when retiring?

Social insurance paid by the unit for employees includes endowment insurance, medical insurance, work injury insurance, unemployment insurance and maternity insurance. Among them, pension insurance can be collected by individuals after retirement. After retirement, the calculation method of endowment insurance is roughly as follows:

1.** Social pension planning * *: calculated according to the average social wage, individual contribution index (the ratio of individual contribution base to local average wage), individual contribution period and other factors. The general formula is: social pooling pension = (average monthly salary of local employees in the previous year × individual contribution index+average monthly salary of local employees in the previous year) ÷2× payment period × replacement rate.

2.** Personal account pension * *: It is the monthly payment amount calculated by dividing the accumulated payment amount and interest in the personal account by the estimated number of months (determined according to the statistical life table).

Combining the above two parts, it is the total amount of endowment insurance that an individual can receive every month. The actual calculation process is relatively complicated, because factors such as actual payment base, payment period and local endowment insurance policy need to be considered.

It should be noted that the calculation method of specific pension insurance benefits may be slightly different in different parts of the country, and the specific calculation method and amount need to be implemented according to the provisions of the local social insurance bureau. For detailed information, it is recommended to consult the local social security department or consult the relevant official policy documents.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 15 of the Social Insurance Law of People's Republic of China (PRC).

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.