Calculation of occupational pension

I. How to calculate the occupational pension

1. Calculation of the amount of contribution to the occupational pension

The contribution to the occupational pension is divided into two parts: the unit contribution and the individual contribution.

Which, the individual monthly contribution amount for my payroll base of 4%, that is, if your monthly salary of 6,000 yuan, pay the basic social security contribution base of 6,000 yuan, then, the individual monthly contribution amount of occupational pension for 6,000 * 4% = 240 yuan, this 240 yuan is directly to the account of the individual occupational pension;

Unit The total amount of monthly contributions to the occupational pension is 8% of the total salary of the unit, and then 8% of the individual contribution base is credited to the individual account of the occupational pension. In this way, the above example of the individual account per month will total: 240 + 6000 * 8% = 720 yuan.

Calculation of the occupational pension

According to the Measures for the Occupational Pension of Institutions, the employees of institutions who have paid the occupational pension can only receive the occupational pension in three cases:

The first case is retirement. There are two options for receiving the occupational pension after retirement, one is to receive a lump sum for the purchase of commercial pension insurance, after which the pension will be received in accordance with the provisions of the relevant articles of the commercial pension insurance, and the other is to issue the monthly standard of occupational pension according to the corresponding number of months of issuance at the time of retirement, until the issuance is completed, and after choosing a way to receive, no change is allowed;

The second is to go abroad (inland) to settle down. The second is for those who have settled abroad, and the amount in their individual accounts can be paid to them in a lump sum if they so request;

The third is for those who die while in service, and the balance in the individual account of the occupational pension can be inherited.

2. What is the contribution base?

For civil servants and public officials, the contribution base is the previous year's basic salary, national uniform allowances and allowances that have been standardized; for institutions, the contribution base is the basic salary, national uniform allowances and performance pay.

Taking a monthly salary of 6,000 yuan of grass-roots civil servants, for example, its monthly participation in the number of contributions to the occupational pension 6,000 × 4% = 240 yuan; and although the unit is to pay 8% of the total wage, but specific to the individual, but in fact, the grass-roots civil servants also paid 6,000 × 8% = 480 yuan of occupational pension.

Another example is a civil servant who retired at the age of 60, whose corresponding number of months of payment is 139, and whose occupational pension rolled up to a total of 300,000, so he can receive 300,000/139=2158.27 yuan monthly. In addition to the pension, the participant's occupational pension income will increase by more than 2,000 yuan per month for 139 months.

3. How to calculate the occupational pension after changing jobs?

Methods, change the work unit when the occupational pension individual account funds can be transferred with the transfer of higher education, military, unemployment, or during the period of new employment units do not have the implementation of occupational pension or enterprise annuity system, the occupational pension individual account by the original management organization to continue to manage the operation. This solves the problem of the continuation of the occupational pension after the promotion and transfer of civil servants and institutions.

Two, the way to receive occupational pension

1, after retirement, a one-time purchase of commercial pension insurance products, and then according to the insurance agreement to receive monthly treatment;

2, after retirement, choose to retire according to the number of months corresponding to the counting of the number of months of retirement, pay out until the end;

3, go abroad (territory) to settle in the country, can be a one-time payment to the person;

4, in the service of the During the period of death, the balance of its occupational pension individual account can be inherited.

Note: 1 and 2 are single options, which cannot be changed after the participant has selected them.

Legal Basis

Article 17 of the Labor Contract Law states that the labor contract shall have the following provisions:

(1) the name, residence and legal representative or principal person in charge of the employing unit;

(2) the worker's name, address, and resident's ID card or other valid ID number;

(3) the employee's name, address, and ID number;

(4) the employee's personal account balance. document number;

(iii) the duration of the labor contract;

(iv) the content of the work and the place of work;

(v) the working hours and rest and vacation;

(vi) the remuneration for labor;

(vii) social insurance;

(viii) labor protection, labor conditions, and protection against occupational hazards;

(ix) Other matters that shall be included in the labor contract as stipulated by laws and regulations.

In addition to the necessary provisions of the labor contract stipulated in the preceding paragraph, the employer and the worker may agree on other matters such as probationary period, training, confidentiality, supplementary insurance and welfare benefits.