An example of pension calculation method in Shaanxi Province

First, the calculation rules of pension

The formula for receiving pension after retirement: total monthly pension = basic pension+personal account pension. Basic pension = (average monthly salary of employees in Chengdu last year+average monthly payment salary of myself) ÷2× payment period × 1%. Pension = basic pension+personal account pension basic pension = (when the insured retires, the average monthly salary of local employees in the previous year+the average monthly payment salary of the insured) ÷2× the accumulated payment period of individuals ×l% the average monthly payment salary of the insured = when the insured retires, the average monthly salary of employees in the whole province × the average monthly payment salary index of the insured pays the basic old-age insurance premium to the specified retirement age.

Second, how to inquire about personal pension?

(a) social security center query. If you don't know your social security account number, you can bring your ID card to the business hall of social insurance agencies in various districts to inquire.

(2) telephone consultation. Call the labor and social security comprehensive service telephone number "12333" for policy consultation and information inquiry.

(3) Online inquiry. Log in to the city's labor security network or social insurance business website, click on the "Personal Social Security Information Inquiry" window, and enter my ID number and password to inquire about my insurance information and payment. You can also query through Alipay, Alipay-City Service-Social Security.

(4) self-service inquiry terminal inquiry. Social insurance management centers around the country have self-service inquiry terminal equipment in the business hall. Insured persons can check their own pension insurance payment and accounting through the certificate induction area of the terminal equipment with the original second-generation ID card.

3. 15 How much can I get from the endowment insurance for urban workers?

Generally speaking, the old-age insurance can be repaid, and it should be paid in one lump sum 15 years only when men reach 60 years old and women reach 55 years old.

Men over 45 years of age, women over 40 years of age can pay, the payment period is self-determined but not more than 10 years; Therefore, only those who have 15 years left before retirement and less than 15 years can be paid back, and only when they reach retirement age can they be paid back 15 years in one lump sum.

Pensions include basic pensions and personal account pensions.

(a) personal account pension = personal account storage ÷ 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) X 12. At present, 50 years old is 195, 55 years old is 170, and 60 years old is 139.

(2) Basic pension = (average monthly salary of employees in the province last year+average monthly payment salary indexed by myself) ÷2× payment period × 1%= average monthly salary of employees in the province last year (1+ average payment index by myself) ÷2× payment period × 1%.

In which: my indexed monthly average payment salary = last year's average monthly salary of employees in the whole province × my average payment index.

At the current economic level, you can get 1000 to 1300 yuan every month, which varies from region to region. According to the calculation of 1300 yuan, it takes 94,468 yuan to repay 15, and it takes six years to recover the capital, and the rest is welfare.

Maybe everyone thinks it's a bit much to get 1000 to 1300 a month. In fact, the repayment period of 15 is more than 90,000 yuan, and the monthly payment cost is more than 500 yuan, which is equivalent to the cost of endowment insurance for urban employees. Therefore, it is not surprising that you can get 1000 yuan a month.

Legal objectivity:

Article 12 of the full text of the Social Insurance Law of People's Republic of China (PRC) * * * The employer shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.