Job Recruitment Website - Social security inquiry - Pay social security according to the minimum standard, how much salary can you get after retirement?
Pay social security according to the minimum standard, how much salary can you get after retirement?
If a worker retires after paying social security, the pension can be calculated according to the following formula: basic pension = (average monthly salary of employees+average monthly salary of employees * payment base) ÷2* payment period * 1%, personal account pension = all pensions paid by individuals/calculation months.
Legal objectivity:
Article 15 of the Social Insurance Law of People's Republic of China (PRC) stipulates that endowment insurance consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. "People's Republic of China (PRC) Social Insurance Law" Article 18 The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.
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