Ninghai endowment insurance inquiry personal account

Pension = basic pension+personal account pension;

Basic pension = (when the insured retires, the average monthly salary of local employees in the previous year+the average monthly payment salary of the insured) ÷2× payment period ×1%;

Personal account pension = the accumulated amount of personal account when the insured retires, and the number of months is calculated.

If the age is less than the statutory retirement age, the accumulated amount of personal accounts will be more than that of normal retirement.

The formula for calculating the basic pension for retired workers is (the average salary of workers in provinces and cities in the previous year * 20%+ 1995, the principal and interest of the storage amount shall be calculated before the end of the year/120+ adjustment fund) *(65438+ 0 years in advance *2%).

The calculation formula of normal retirement basic pension is the same in China, but there are some differences between provinces and cities. You should consult the local social security agency, subject to local policies.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.