What is the pension after social security payment 15 in 2022~2023? Can the specific calculation method of pension be received from 1200 yuan? How to calculate?

What is the pension after social security payment 15 in 2022? Can the specific calculation method of pension be received from 1200 yuan? How to calculate?

Social security 15 or more refers to pension insurance contributions 15 or more. According to the social insurance laws and regulations, after the social security reaches 15 and reaches the statutory retirement age, you can receive the basic pension on a monthly basis.

The calculation formula of basic pension mainly includes basic pension and personal account pension. The basic principle of the founding of our country is to get more for more work, and to get more for a long time.

The specific calculation method of pension is as follows:

If the payment is based on 60%, the average payment index is 0.6. According to the calculation formula, for each year of payment, you can get 0.8% of the average social wage in the previous retirement year, and for 15 years, you can get 12% of the social wage. Most flexible employees pay according to the minimum base, so it is such a basic pension level.

Personal account pension is credited to personal account every month according to 8% of the payment base, and then accumulated interest every year. When retiring, the monthly personal account pension is determined according to the corresponding calculation months. Personal account pension balance can be inquired through the websites of local social departments. 60 years old is 139 months.

According to the above calculation method, if the average social wage calculated by local pension is about 7,000 yuan, the basic pension is 840 yuan per month. Personal account balance of 50,000, retired at the age of 60. Personal account pension monthly 360 yuan. In this way, you can receive 1200 yuan's pension every month.

How much do we pay for our old-age insurance?

Generally speaking, according to the minimum payment base of 15 years, the old-age insurance has to pay about100000 yuan (in previous years, the payment base was low and the payment amount was small). If we go back to this time, it will be seven or eight years.

Don't worry, the pension paid in case of death will be taken for nothing. You can also receive three benefits, such as the balance of personal account of endowment insurance, funeral subsidy and pension. These three benefits add up to as little as 30,000 to 40,000 and as much as 100,000. After deducting our past pension insurance contributions, there is a high probability of not losing money.

In addition, the pension will increase year by year after retirement, generally increasing by 70 to 80 yuan or 100 yuan per year. In this way, it is more cost-effective to live longer.