What is the monthly pension of migrant workers after paying social security in Shenzhen 15

The calculation of pension involves all your payment years, annual payment base, retirement age, when to work, when to start payment, when to retire, the average monthly salary of employees in the whole province or the whole city over the years, the interest rate of bank deposits in the same period over the years and other parameters.

Basic pension = basic pension+personal account pension+transitional pension = the average monthly salary of employees in the whole city in the previous year before retirement ×20% (the payment period is insufficient 15 is 15%)+ personal account principal and interest and indexed monthly average payment salary ×1payment period before the end of 997 ×

For example, Miss Li earns more than 4,000 yuan a month 15 and receives a pension after retirement 1080. Miss Li's average monthly salary is 4,000 yuan, and the pension insurance payment period is 15. Suppose 10 years later, the average monthly salary in Nanjing is 3000 yuan, so how much pension will she get before and after retirement? According to the current pension system, the monthly pension received by Miss Li Can after retirement is = 3,000 yuan× 20%+4,000 yuan×1%×12×15 ÷120 =1260 yuan.

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