Personal pension calculator

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Pension Calculator -2345 Practical Inquiry /txjjsq.htm

Calculation formula of social security retirement salary: monthly basic pension = basic pension+personal account pension; Among them, the basic pension = (last year's average monthly salary of employees in the province+my average monthly payment salary) /2* payment period *1%; Personal account pension = total amount stored in personal account/calculation months.

The calculation method of social security retirement salary will be different due to different local policies, and the difference is mostly affected by local average salary, payment base and payment period. At present, all planned retirement wages are calculated by computer system, so manual formula planning is also a reference value.

Social security retirement salary consists of overall pension and personal account pension. For social security retirement salary, please refer to the following formula for preliminary calculation:

Retirement salary = local average monthly salary of the previous year before retirement * 20%+ personal account principal and interest and/120.