Job Recruitment Website - Social security inquiry - How much can you receive after 15 years of paying social security
How much can you receive after 15 years of paying social security
The pension consists of two parts: the basic pension and the personal account pension. The formula for calculating the basic pension is: (average monthly salary of on-the-job workers in the previous year in the province + average indexed monthly contribution salary of the person) ÷ 2 × years of contribution × 1%. The formula for calculating the personal account pension is: personal account storage amount ÷ the number of months of personal account pension accrual.
Assuming that the average social wage in a certain area is 5,000 yuan and 15 years of contributions, the basic pension received is (5,000+5,000)÷2151%=750 yuan. The personal account pension, on the other hand, will get 517.98 yuan of personal account pension. Therefore, the person can receive a monthly pension of about 750 yuan + 517.98 yuan = 1,267.98 yuan.
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