Beijing social security according to the minimum base to pay enough 15 years of retirement pay how much

Beijing social security according to the minimum base to pay enough 15 years of retirement wages , the following with me to briefly understand it.

The composition of the Beijing pension is determined by the Beijing basic pension and the total amount of the Beijing personal account pension, the Beijing basic pension every year according to the previous year's average salary in Beijing and other coefficients to ultimately generate the current year's basic pension in Beijing. The total amount of the personal account pension is the sum of the monthly contributions to the Beijing Social Security Pension Insurance, divided by the number of months of 195 for women retiring at the age of 50 and the number of months of 139 for men retiring at the age of 60, which ultimately results in the amount of the monthly personal account payment.

Here's a look at the amount of the monthly pension that you would receive if you paid for 15 years in a row, according to the current Beijing social security (12%) minimum contribution base (6324.79).

Beijing basic pension: (Beijing average wage of 6906 + indexed average wage of 6906)/2x15x1% = 1035.9

Beijing pension insurance personal contribution: contribution ratio - 8%, 6324.79x8% = 505.99

Beijing personal account pension savings: 6324.79x8% = 505.99 yuan per Monthly x (15 years x 12 months)=91,076.98

Beijing female 50 years old retirement individual account receiving amount:91,076.98/195=467.06 yuan/month

Beijing male 60 years old retirement individual account receiving amount:91,076.98/139=655.23 yuan/month

Beijing female 50 years old retirement pension. 1035.9+467.06=1502.96 yuan/month

Beijing male 60-year-old retirement pension:1035.9+655.23=1691.13 yuan/month

Summary:Beijing social security to pay 15 years of female 50-year-old retirement can receive 11502.96 yuan, male 60-year-old retirement can receive 1691.13 yuan.