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Changzhou Pension Calculation Method
The sum of social wage * 20% + personal account * 1/120. In the news released by Changzhou social security agency, it can be seen that the pension calculation method in Changzhou is the sum of social salary * 20% + personal account * 1/120, and the pension has a direct relationship with the social level and the amount of personal contributions. Pension insurance refers to the state and society in the case of workers in old age and incapacity to work, in order to make their old age to live in peace and security in old age, and give the workers themselves the economic help and social insurance.
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