How to calculate the retirement salary of public institutions?

Calculation method of retirement salary of public institutions The calculation method of basic pension of public institutions is as follows: basic pension = basic pension+transitional pension+personal account pension.

1. basic pension = the average monthly salary of employees in the whole province in the previous year at the time of retirement ×( 1+ my average payment wage index) ÷2× payment period × 1%. Among them, my average payment wage index = (deemed payment index × deemed payment period+actual average payment index × actual payment period) ÷ payment period.

2 personal account pension = personal account accumulation of my basic old-age insurance at retirement.

Second,

What is the retirement age of public institutions? The retirement age of public institutions shall refer to the relevant provisions of the Civil Service Law of People's Republic of China (PRC);

1. Retirement conditions of civil servants and those managed by civil servants:

(1) Those who meet the requirements of the state, have reached retirement age or have completely lost their ability to work should retire.

(2) Having worked for 30 years; Less than 5 years from the retirement age stipulated by the state and 20 years of working experience; Other circumstances that meet the requirements of the state for early retirement.

2. Retirement conditions of other personnel

(1) Normal retirement: men over 60 years old, women cadres over 55 years old and women workers over 50 years old, who have worked continuously for 10 years.

(2) Early retirement: There are three types: one is disabled on business and completely incapacitated; Second, due to illness or non-work-related reasons, you can't insist on normal work or completely lose your ability to work. Male 50 years old, female 45 years old, continuous service 10 years; Three, special jobs (underground, high temperature, high altitude, complex jobs, toxic and harmful jobs) men over 55 years of age, women over 45 years of age, continuous service 10 years.

(3) Resignation: completely lose the ability to work and do not have retirement conditions.

Third,

Can the retirement age be extended? Those who do not go through retirement formalities at retirement age may apply for delayed retirement and continue to pay social security until they go through retirement formalities. For the re-employed retirees who have enjoyed the pension insurance benefits, the employment agreement can clarify the rights and obligations such as work content, remuneration, medical care and labor protection benefits.

Retirees and employers shall perform their obligations in accordance with the employment agreement. Try to remind you that if the written agreement is terminated in advance as stipulated in the Employment Agreement, it shall be handled as agreed by both parties. If there is no agreement, it shall be settled through consultation. Disputes between retirees and employers that fall within the scope of acceptance by the Labor Dispute Arbitration Commission shall be accepted by the Labor Dispute Arbitration Commission.