I bought old-age insurance in Kangding 15 and social security in Chengdu, and now I want to stop buying old-age insurance in Kangding. Fear of making mistakes.

According to the calculation method of pension, the pension of employees at retirement is calculated according to the following formula:

1996 65438+ 10/month 1 and the insured after that.

Pension = basic pension+personal account pension

1996 1 before the insured.

Pension = basic pension+personal account pension+transitional pension

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

In which: my indexed monthly average payment salary = the average monthly salary of local employees in the previous year × my average payment index.

For example, according to the above formula, suppose that when a male employee retires at the age of 60, the average monthly salary of local employees in the previous year is 4,000 yuan.

When the cumulative payment period is 15 years and the average individual payment base is 0.6, the basic pension = (5,000 yuan+5,000 yuan × 0.6) ÷ 2×15×1%= 600 yuan.

When the individual average payment base is 1.0, the basic pension = (5,000 yuan+5,000 yuan×1.0) ÷ 2×15×1%= 750 yuan.

When the average individual payment base is 3.0, the basic pension = (5,000 yuan+5,000 yuan× 3.0) ÷ 2×15×1%=1500 yuan.

If the cumulative payment period is over 40 years,

When the average individual payment base is 0.6, the basic pension = (5,000 yuan+5,000 yuan× 0.6) ÷ 2× 40×1%=1600 yuan.

When the average individual payment base is 1.0, the basic pension =(5000 yuan +5000 yuan ×1.0) ÷ 2× 40×1%= 2000 yuan.

When the average individual payment base is 3.0, the basic pension =(5000 yuan +5000 yuan× 3.0) ÷ 2× 40×1%= 4000 yuan.

Personal pension = basic pension+personal account pension = basic pension+personal account storage139

Personal account pension = the amount of personal account storage at retirement ÷ months (the number of months is determined according to the retirement age and the average life expectancy of the population at that time. Calculated months are slightly equal to (average life expectancy-retirement age) × 12.

The calculation months are: 50 years old 195 months, 55 years old 170 months, 60 years old 139 months.

For example, if someone retires at the age of 55 and the balance of personal account is 5 1000 yuan, then the personal account pension is

5 1000 Yuan ÷1July = 300 yuan/month.

Transitional pension = (average monthly salary of local employees in the previous year when the insured retires+average monthly payment salary of the insured) ÷2× deemed payment period × 1.4%.

Transitional pension is only valid for the insured before 1996. The deemed payment period refers to the period from taking part in work to starting to pay endowment insurance, including the time for educated youth to go to the countryside. I need to provide my file before reporting to the Social Security Bureau for examination and confirmation.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.