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How much is Hefei pension for a month?
According to official website, a local tyrant in Hefei, the calculation of pension in Hefei involves several key factors, including basic pension, personal account pension and transitional pension.
The calculation formula of the basic pension is: (the average monthly salary of employees in the previous year plus the average monthly salary of myself when retiring) divided by 2 times the payment period multiplied by 1%.
The calculation method of personal account pension is: the amount of personal account storage divided by the number of months.
The calculation formula of transitional pension is: the average monthly salary of employees in the previous year multiplied by the payment period before the implementation of individual accounts multiplied by 1.3% multiplied by the average index.
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