How much can individual pension insurance receive every month after retirement?

It varies from person to person and from place to place. Personal account pension = deposit in my account120.

Old-age insurance can receive basic pension every month after retirement = the average monthly salary of local workers in the previous year when I retired ×20%. According to relevant national policies, the insured of old-age insurance must reach retirement age and pay social security 15 years or more before they can receive basic old-age insurance on a monthly basis.

Accumulated social security contributions can be suspended after 15 years. Generally speaking, the longer you pay social security, the more you pay, and the more pensions you receive after retirement.

How much can I get if I retire for one month after paying 15 years of social security? The calculation formula of social security pension 15 is: monthly pension = basic pension+personal account pension.

1, basic pension = the average monthly salary of local employees in the previous year when I retire × 20%;

2, personal account pension = my account deposit120.

If there is a unit that has paid 15 years, but the employees have not retired, the enterprise will continue to pay until retirement; Individuals who pay social security can stop paying or continue to pay. According to the local policy, they will definitely continue to pay high salaries. Endowment insurance follows the principle of "pay more and get more". The higher the payment base, the longer the service period, and the more pensions you receive when you retire. Once the payment is stopped, it will directly affect the pension benefits after retirement.

First, you can apply for retirement under the following circumstances

1. Male cadres and workers are over 60 years old, female cadres and workers are over 55 years old, and female employees are over 50 years old, with continuous service or working years 10 year.

2. Workers who are engaged in underground, high altitude, high temperature, heavy physical labor and other jobs harmful to health, men are over 55 years old and women are over 45 years old, with continuous service or working experience of 10 years.

3. Workers who have worked continuously for 10 years and have been identified by the hospital and confirmed by the labor appraisal committee to be completely incapacitated.

4. Disabled due to work, completely incapacitated by hospital appraisal. According to the Regulations on Work-related Injury Insurance, if an employee is identified as a first-class to fourth-class disability due to work-related disability, he/she will retain his/her labor relationship, quit his/her job and enjoy disability allowance on a monthly basis; Workers with work-related injuries who reach retirement age and go through retirement formalities will stop receiving disability allowance and enjoy basic old-age insurance benefits. If the basic old-age insurance benefits are lower than the disability allowance, the industrial injury insurance fund will make up the difference.

2. If you keep paying social security, how to calculate the pension?

When the cumulative payment period is 15 years, if you retire at the age of 65, you can still receive a pension of about 20 years (provided that you live to 85 years old). Based on this calculation, the length of time you can receive a pension is 20× 12 months =240 months.

Personal account pension = personal account deposit ÷ payment months (50 years old 195 months, 55 years old 170 months, 60 years old 139 months, and over 60 years old 120 months).

Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

Endowment insurance is an important guarantee of social welfare, so I need to pay more attention to the legal constraints, so as to better safeguard my own interests, but the solution of the problem will be controversial, so I need to pay more attention to specific operations, reduce my own mistakes, and ensure that my own interests will not be infringed on the basis of relevant links.

legal ground

Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.