How much pension can Shenzhen get if the minimum house price is paid for 20 years?

How much pension can I get after paying the lowest price in Shenzhen for 20 years: 25 12 yuan. Shenzhen pays social security for 20 years according to the minimum standard. The average monthly income after retirement is 25 12 yuan, calculated by dividing the accumulated amount of personal account at the time of retirement by the number of overall planning months stipulated by the state. Shenzhen, referred to as Pengcheng for short, is a sub-provincial city, a city under separate state planning, a megacity in Guangdong Province, a China Special Economic Zone approved by the State Council, a national economic center city and an international city.

Basic parameters needed for retirement pension calculation: cumulative payment period of the insured, annual (note, annual) payment base, average social wage over the years (note, annual), retirement age, annual one-year deposit interest rate and current interest rate during payment period, interest generated by each (note, every) payment time, and retirement of government institutions before the end of 2024.

Legal basis:

Paragraph 1 of Article 16 of the Social Insurance Law stipulates that individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of 15 years when they reach the statutory retirement age. According to this regulation, two conditions must be met at the same time to receive the basic pension on a monthly basis: first, to reach the statutory retirement age; 2. The accumulated payment has reached 15 years.

"the State Council's decision on the reform of the endowment insurance system for staff in government agencies and institutions" was announced. The decision requires that those who have retired before the implementation of the decision continue to pay basic pensions according to the original treatment standards stipulated by the state, and at the same time implement the basic pension adjustment measures. Basic pension consists of basic pension and personal account pension. The monthly standard of basic pension at retirement is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months, which is determined according to the average life expectancy of urban population when I retire, my retirement age and interest.