Calculator for receiving pension after retirement.

The calculator for receiving pension after retirement is a tool to estimate the monthly pension for individuals after retirement. This calculator is usually based on a certain algorithm and formula, combined with personal payment years, payment amount, retirement age and other factors to predict and calculate pensions.

First, the function and use of the calculator for receiving pension after retirement.

Getting a calculator after retirement can help individuals plan their retirement life in advance and understand the pension benefits they may get in the future. By inputting personal information, such as payment period, payment amount, retirement age, etc. The calculator will quickly calculate the estimated pension amount according to the preset algorithm and formula.

When using the pension calculator after retirement, you need to pay attention to the accuracy of the input information. Different calculators may adopt different calculation methods and parameters, so the results may be different. In order to obtain more accurate results, individuals can choose multiple calculators for comparison and reference.

Second, the factors that affect the amount of pension.

The amount of pension is influenced by many factors, including but not limited to the following aspects:

1. Payment period: The longer the payment period, the more the accumulated individual payment amount and the corresponding pension benefits.

2. Payment amount: The higher the payment amount, the greater the individual's contribution to pension insurance and the higher the pension benefits received.

3. Retirement age: The earlier the retirement age, the longer it takes to receive a pension, but the amount received each month may be relatively low; On the contrary, the later the retirement age, the higher the pension amount may be.

In addition, factors such as policy adjustment and inflation may also have an impact on the amount of pension. Therefore, when using the calculator after retirement, it is necessary to comprehensively consider various factors in order to get more realistic prediction results.

To sum up:

The calculator for receiving pension after retirement is a practical tool, which can help individuals know in advance the pension benefits they may receive in the future. However, due to the differences in the algorithm and parameters of the calculator and the influence of many factors, there may be some errors in the calculation results. Therefore, when individuals use calculators, they need to be cautious about the results and make comprehensive consideration and planning in combination with the actual situation.

Legal basis:

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

Article 15 stipulates:

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.

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

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.