Calculation method of social security retirement salary in Sichuan

Sichuan pension is calculated by the amount of basic pension plus personal account pension, and the total amount is monthly pension. The basic pension is determined by the local government according to the local economic development level, and the personal account pension is determined according to the amount of endowment insurance paid during work.

1. What is the calculation method of pension in Sichuan?

1, the monthly standard of basic pension is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year. The calculation formula is:

Basic pension = (the average monthly salary of local employees in the previous year when the insured retires+the average monthly payment salary of the insured) ÷2× payment period × 1%.

2. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months. The calculation formula is:

Personal account pension = the accumulated amount of personal account when the insured retires.

3. The monthly standard of transitional pension is based on my indexed monthly average payment salary, and every 1 year, the calculation formula of payment period before "unified account combination" is given:

Transitional pension = my indexed monthly average payment salary × the payment period before the unified account is combined ×, and the transitional adjustment fund is based on the current local standards, and will be paid according to a certain proportion if it retires from 2006 to 20 14 years. After 20 15, the transitional adjustment fund will no longer be issued.

Second, the pension matters needing attention:

1. The retirement fee for civil servants after retirement shall be calculated and paid according to a certain proportion of the sum of post salary and grade salary before retirement. Among them, if you have worked for 35 years, pay 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%.

2. The retirement fee for staff of public institutions after retirement shall be calculated according to a certain proportion of the sum of post salary and salary scale salary before retirement. Among them, if the working experience is over 35 years, it shall be calculated as 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%.

3. Retirement expenses for skilled workers and ordinary workers in institutions and institutions after retirement shall be calculated according to a certain proportion of the sum of post salary and technical grade salary before retirement and post salary. Among them, if the working experience is over 35 years, it shall be calculated as 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%. Basic pension = [post (technical level) salary+allowance calculated according to the proportion stipulated by the state] × the proportion of plan and payment stipulated by the state.

What needs to be clear is that the calculation method and standard of pension are clearly stipulated in the relevant laws promulgated by the state. If you don't understand the relevant matters, you can consult the social security organ directly. When determining the pension, the parties concerned must strictly follow the procedures prescribed by relevant laws to avoid mistakes in the application of the law.