How much does it cost to pay 200 yuan social security every year at the age of 60?

Pay 200 yuan social security every year, and how much you get at the age of 60 depends on the specific regulations of your place.

1. The calculation formula of basic pension is: (the average monthly salary of employees in the previous year plus my average monthly contribution salary) divided by 2 times the payment period multiplied by1%;

2. The calculation formula of personal account pension is: the amount of personal account storage divided by the number of months of personal account pension;

3. It is distributed to 200 yuan every year, and the government subsidizes 40 yuan. Personal account is transferred to 240 yuan every year. /kloc-After 0/5 years, the total personal account is 3,600 yuan;

4. The monthly pension received after retirement is the sum of basic pension and personal account pension.

Social security calculation factors:

1. Payment years: Social security benefits are usually closely related to individual payment years;

2. Payment base: Personal social security benefits will also be affected by the payment base, that is, the salary base when individuals pay;

3. Regional policies: Different social security policies in different regions may lead to different calculation methods and welfare amounts;

4. Pension adjustment: the government can adjust the pension standard according to economic development and price level;

5. Personal account accumulation: The amount of personal account accumulation will also affect the total pension you can get after retirement.

To sum up, the amount of 200 yuan social security pension for the 60-year-old needs to be determined according to specific regulations, including the calculation formulas of basic pension and personal account pension. The calculation formula of personal account pension is the amount of personal account storage divided by the number of months of personal account pension. Of the social security fees paid to 200 yuan every year, the government subsidizes 40 yuan, and personal accounts are transferred to 240 yuan every year. /kloc-After 0/5 years, the total personal account is 3,600 yuan. The monthly pension received after retirement is the sum of basic pension and personal account pension.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 15

The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.