Individuals buy old-age insurance in 2007. 15 How much does it cost to retire?

According to the current policy, the accumulated payment of endowment insurance reaches 15 years, and at the same time, you can receive pension benefits.

I'm sorry I can't estimate how much pension I will get in the future. Because the calculation of pension is based on the average social wage of employees in the province (municipality directly under the central government) where you retire, the accumulated payment period, the payment base over the years, and the accumulated amount of personal accounts. As these indicators are unknown, there is no way to measure them. Only by providing these indicators can we calculate accurately. So you don't know how much money you've got until you retire. Everyone's insurance situation is different, and everyone's retirement salary is different.

Those who participate in the social pooling of the basic old-age insurance for employees of urban enterprises in this city have reached the retirement age stipulated by the state, and the actual payment period (including deemed payment period, the same below) is over 15 years, and the basic pension is paid monthly. According to the latest pension calculation method, employee retirement pension consists of two parts: pension = basic pension+personal account pension.

Personal account pension = personal account storage amount ÷ calculation months (50 years old 195, 55 years old 170, 60 years old 139, no longer unified as 120) basic pension = (average monthly salary of employees in the whole province+average monthly payment salary of myself in last year)

Note: My indexed monthly average payment salary = last year's average monthly salary of employees in the whole province × my average payment index.

The formula is complicated and cannot be calculated by individuals. Generally, the results can only be calculated when the social security agency retires.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.