Rural free people pay Haicheng social security how to calculate open more money

Pension = basic pension + individual account pension

Basic pension = (the average monthly salary of local employees in the previous year when the participant retired + the average monthly salary of the indexed monthly contributions of the person) ÷ 2 × the cumulative number of years of individual contributions × l%

The average monthly salary of the indexed monthly contributions of the person = the average monthly salary of the province's employees in the previous year when the participant retired × the average monthly contributions of the person Wage index

The insured person pays the basic pension insurance premiums until the prescribed retirement age. The average contribution wage index of the insured person refers to the average value of the contribution wage index from 1995 (this is the province, other provinces may not be 1995) to the last year of retirement. Participants in the current year's contribution to the wage index for the current year's contribution to the current year's wages and the ratio of the average wage of the province's employees. Calculation formula is:

The average contribution wage index = (al/Al+a2/A2+......+an/An)÷N

The formula, al, a2......an for the insured person to retire before the 1 year, 2 years ......n years the amount of personal contribution wages;

Al, A2......An is the average wage of the province's employees in the 1 year and 2 ......n years before the retirement of the participants;

N is the number of years the enterprise and the employee have actually paid the basic pension insurance premiums.

Individual account pension = individual account / coefficient