Comparison table of retirement seniority level

Retirement services are divided into six levels. The length of service is divided into six grades: 15, 20 years, 25 years, 30 years, 35 years and more than 35 years. The higher the grade, the longer the period of paying social insurance fund and the higher the amount of pension after retirement. The wages of retired workers include personal account wages, basic wages, transitional wages and subsidies. The higher the insurance level, the longer the length of service and the higher the retirement salary. Pensions are divided into six grades, which are actually divided according to the years of social security payment. Usually you have to pay enough social security for 15 years to have a basic pension. But if the social security contribution exceeds 15 years,

At present, it is generally believed that there are six grades of retirement years, 15 years, 20 years, 25 years, 30 years and more than 35 years. But in fact, there is no real policy to divide specific grades. Some places have a five-year grade calculation method, and some places calculate it every year. At present, the calculation of pension amount in China is linked to three factors:

1, years of social insurance fund payment (commonly known as "length of service"). The longer you pay the social insurance fund, the higher the pension amount. Some provinces, autonomous regions and municipalities directly under the Central Government divide the length of service into six grades: 15, 20 years, 25 years, 30 years, 35 years and more than 35 years. The higher the grade, the higher the pension amount. In some places, regardless of grades, the length of service is one year, and the longest length of service is 44 years (according to 16 years old to join the work and retire at 60 years old).

2. Personal account balance of endowment insurance (referred to as "personal account balance"), the higher the personal account balance, the higher the pension amount.

3. The level of local social and economic development in the last year of retirement (referred to as "regional differences"), the higher the level of local social and economic development, the higher the pension amount. For those who retire from the north, Guangzhou and Shenzhen, the amount of pension is definitely much higher than that of those who retire from poverty-stricken areas. In addition, in some places, the staff of the Social Insurance Fund Management Center of the People's Social Security Bureau also follow the principle of "getting the yuan according to the difference" when calculating the pension amount.

To sum it up. Pensions are divided into six grades, which are actually divided according to the years of social security payment. Usually you have to pay enough social security for 15 years to have a basic pension. However, if the social security payment exceeds 15 years, the longer it takes. The more pensions you receive, the pension consists of basic pension and personal account pension.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 15

The basic pension 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.