What is the social security payment standard of public institutions?

At this stage, retirees from institutions that implement enterprise management will increase their pensions in accordance with social security regulations after entering social security. After retirees from public welfare institutions enter social security, the State Council will still increase their pensions according to social security regulations before issuing new documents. According to the different working hours, the basic pension is mainly divided into three situations: first, retirees before the pilot implementation; Two, the "pilot program" before the implementation of the work, after the implementation of retirement and personal payment period (including deemed payment period) accumulated over 15 years; Three, after the implementation of the "pilot program" to participate in the work, individual payment period (including deemed payment period) accumulated over 15 years. In the first case, retirees who have retired before the pilot implementation will still be paid basic pensions according to the original treatment standards stipulated by the state after the pilot implementation, and participate in the unified national basic pension adjustment. In other words, after the implementation of the "Pilot Program", the pension received by retirees from the original organs of social security institutions from the first month shall not be lower than the original retirement wage standard. Previously, some people suspected that after the implementation of the pilot program, the retirees of the original institutions would be adjusted according to the salary standard of enterprise retirees, and their pensions would be reduced, which was a misunderstanding of the pilot program. In fact, it can be clearly seen from the contents of the pilot program that after the implementation of the pilot program, the state has adopted a policy of completely retaining the original standard of treatment for retirees. This is consistent with the previous policy of Guo Fa [1997] No.26 that institutions that implement enterprise management will still be given pensions according to the original provisions of the state after entering social security. In the third case, after the implementation of the pilot, if the personal contribution exceeds 15, the basic pension after retirement consists of basic pension and personal account pension. At the time of retirement, the monthly standard of basic pension is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the monthly standard of personal account pension is 1 year and 1%. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months calculated.

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