How much pension can I get when I retire after 20 years of social security contributions?

Social security contributions to pay 20 years each month to be able to get more than 1700 yuan pension. Female workers get 1600 yuan pension. Social security premiums are set at 20% of the local average social wage to determine the base. 12% of which goes to the coordinator. 8% of which goes to the center. Of which 12% into the overall. 8% into the personal account. Currently. The standard base is 12,000 per year. 20 years **** total 240,000 yuan. The balance of the individual account is 81.6 thousand. The base salary should be 1200 yuan. The account wage should be $580 (for men). Or $420 (for women). Pension *** counts $1,780 (men). and 1620 yuan (women) We assume that Mr. Wu in the same area to pay 20 years of pension insurance, retirement at age 60, retirement personal pension insurance account balance of 100,000 yuan, known local pension calculation base (average social wage of the previous year) is 7,000 yuan, there is no transitional pension, the average contribution index of the person is 1, then Mr. Wu retired after retirement, the actual pension is how much?

The formula for calculating the pension is: basic pension + personal account pension + transitional pension, of which basic pension = local average social salary in the previous year at the time of retirement * (1 + my average contribution index) / 2 * years of contribution * 1%, personal account pension = balance of the personal account at the time of retirement / number of months of payment (for example, at age 60, the number of months of payment for 139), and transitional pension. The calculation formula is not uniform.

So Mr. Wu's basic pension is 7000*2/2*20*1%=1400 yuan;

Mr. Wu's personal account pension is 100000/139=719.42 yuan;

The total amount Mr. Wu can receive every month is 2119.42 yuan.

The above is the calculation of the monthly pension that Mr. Wu will receive when he retires, and you can make corresponding calculations according to your own location, your account balance and your contribution index.

The above calculation is still not clear to the user, but also through the online calculation platform for their own pension amount of measurement, general social security official website can be measured, the specific calculation method is as follows:

1, Baidu search for the location of the official website of the social security and click on the entry to register and log in;

2, log in and select the personal office after the success of the entry into the social security Query page;

3, in the social security query page to find the pension calculation, according to the prompts to enter the corresponding payment time and other information;

4, the system will automatically give the amount of the calculation, as the later pension reference.