How to calculate the social security card pension?

1, basic pension = (local average social salary in last year+my average monthly payment salary) ÷2× payment period × 1%. Through the basic pension calculation formula, we can see that there are many factors that affect the basic pension, such as the average social wage in retirement areas, the average wage index of myself, the payment period and so on. For example, if the average annual social wage in your retirement area is 5,000 yuan, your average monthly indexed wage is 5,000 yuan, and the accumulated social security payment period is 30 years, then the basic pension you receive when you retire is (5,000+5,000) ÷ 2× 30×1%=1500 yuan.

2. Personal account pension = personal account balance at retirement ÷ number of months determined by retirement age. Among them, the number of months of 60 years old is 139, the number of months of 55 years old is 170, and the number of months of 50 years old is 195. Suppose you retire at the age of 60, and the total personal pension account is 654.38+10,000 yuan, then the personal account pension you can receive is100000 ÷139 ≈ 719 yuan.