Is retiring in Kunming the same as retiring in Honghe Prefecture?

There is no difference between retiring in Kunming and retiring in Honghe Prefecture for the same worker.

Yunnan Province has long since realized the provincial coordination of basic pension insurance, and there is not the slightest difference in the calculation of basic pension insurance benefits in Yunnan Province. There is no difference in the basic pension benefits received by the same worker whether he retires in Kunming or in Honghe Prefecture.

Yunnan People's Government

"On improving the implementation of the basic pension insurance system for enterprise workers"

Yunnan Zheng Fa [2006] No. 139

V. Reform of the basic pension calculation method

(XX) In order to further improve the incentives and constraints to encourage employees to participate in the payment of premiums, the corresponding adjustment of basic pension calculation methods

1, after the establishment of the basic pension insurance personal account, to participate in the basic pension insurance and the implementation of this opinion after the retirement of the personnel, the basic pension by the basic pension and personal account pension. Calculation formula:

(1) basic pension = (the average salary of the province's on-the-job workers in the previous year when the insured person retired + the average monthly indexed contribution salary) ÷ 2 × the cumulative number of years of personal contributions × 1%.

2) Individual account pension = Individual account reserve ÷ number of months of payment (see the Annex for details, and the age at retirement is calculated according to the next grade if the age at retirement exceeds the previous grade but is not satisfied with the next grade).

2, the establishment of basic pension insurance personal account before joining the work and have the deemed contribution years, the implementation of this opinion after the retirement of the personnel, in addition to the basic pension and personal account pension, and then issued a monthly transitional pension. Calculation formula:

Monthly transitional pension = my indexed average monthly wages × the establishment of basic pension insurance personal account before the deemed contribution period × 1.3%.

Indexed average monthly contribution wage = [(1×deliberate contribution period ++ ......)÷accumulated contribution period] × average monthly wage of on-the-job workers in the province in the previous year at the time of my retirement (in the case of inter-integration transfer, if the original integration agency only transfers the pension insurance relationship and individual account funds, but does not specify the average monthly contribution wage index, the transfer of the former average monthly contribution wage index will be subject to the same conditions as the previous average monthly contribution wage index. If the index of the contribution salary is not clear, the index of the actual contribution years before the transfer is calculated by 1 each year).

3. The basic pension insurance premiums of the insured person are paid up to the specified retirement age (except for those stipulated by the state and the province), and the accumulated contribution period of 12 months is counted as 1 year, and the contribution period of less than a full year is converted into a decimal (the decimal is retained to 2 digits).

4, to meet the conditions for retirement, but less than 15 years of contributions, can not enjoy the basic pension, the social security agencies will be the individual account savings of a one-time payment to the person, and the years of contributions for each full year and then sent to the indexed average monthly salary (the cumulative calculation of the number of years of contributions, the same as the above), the funds by the Basic Pension Fund, and at the same time, terminate the pension insurance relationship.