Calculation method of average index of retirement benefits for flexible employees

The calculation method of the average index of retirement payment for flexible employees is determined according to the ratio of the payment base over the years to the average salary of local social security in that year. The specific calculation formula is: average payment index = (sum of the payment bases of the insured over the years/local average social wage of the current year) divided by the payment period. Among them, the payment base can be 60% to 300% of the actual salary or social salary. When calculating the average payment index, it is necessary to weigh the annual payment base and the payment period, and finally get an average value. This average is the average index of retirement contributions of flexible employees.

The materials required for flexible employment retirement procedures are as follows:

1. Carry the retirement pension insurance manual and the payment list over the years, paste the payment list over the years in the pension insurance manual in chronological order (paste a copy of the payment list in the current year for those who enjoy social security subsidies), and paste the final statement of personal account on the last page of the payment list in the pension insurance manual;

2. 1 copy of the original residence booklet, ID card, first page of residence booklet and my page; Five copies of my ID card (write the contact number in the middle of each copy); The original 1 copy and the copy 1 copy of the one-time placement notarial certificate (or dissolution of labor relations) shall be sent to the social department of the insured place to issue a file transfer letter, and the transferred personal files shall be handed over to the social department.

3. To apply for retirement, I will go to the Human Resources Department for signature and confirmation within the specified time according to the requirements of the warm reminder from the Human Resources Department. After completing the retirement formalities, you should take the retirement approval form and other materials to the county social security bureau for medical insurance procedures. Generally, two months later, the social security department will call the retirees to receive the Retirement Certificate and the Pension Passbook (unless the person concerned himself, it will not be issued).

To sum up, the calculation method of the average index of retirement payment for flexible employees is determined according to the ratio of the payment base over the years to the local average social security salary in that year. By calculating the average payment index, we can know the payment level of flexible employees within a certain payment period, thus providing reference for future pension collection.

Legal basis:

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

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.