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How to calculate Jiangsu social security payment

Jiangsu's pension calculation formula:

Basic pension = basic pension+personal account pension+transitional pension

1, basic pension = (when the insured retires, the average monthly salary of employees in the whole province in the previous year × the lowest contribution coefficient+the average monthly payment salary of the insured) ÷2× the accumulated payment period of individuals (including deemed years, excluding conversion years, if less than one year is converted into adulthood, four decimal places will be reserved) × 1%.

2, personal account pension, according to my basic old-age insurance personal account accumulated amount divided by the number of months. For example, personal account pension = 71007.66÷170 = 417.69.

3. Transitional pension = (savings calculated before the end of 65438+savings calculated after the end of 0995+0996) ÷ 120.

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