How to calculate the personal account of endowment insurance

1. How is the personal account pension calculated?

1, personal accounts should be fully accumulated.

Social security accounts include "overall account" and "personal account", and the payment base is the average salary of local employees in the previous year. The payment paid by the unit is equivalent to 20% of the payment base and enters the social pooling account. The fee paid by the individual is equivalent to 8% of the base payment, which is deposited in the individual account and withheld and remitted by the unit every month. Among them, the personal account is completely accumulated, and the funds include personal contributions and investment income.

2. Pension calculation method

When an individual receives a pension, the calculation method of the payment part of the overall account is "the average social salary in the year before receiving the pension × (the payment period×1%)", and the calculation method of the withdrawal part of the individual account is "the accumulated amount of the account ÷ (the average life expectancy at retirement×12)". However, in personal accounts, the calculation is more complicated due to the annual payment changes and the uncertainty of compound interest calculation of investment income.

Step 3 give an example

For example, white-collar Xiao Wang, 35 years old, has a monthly salary of 654.38+0.5 million yuan. At present, his personal pension account is about 6.5438+0.5 million yuan (paid for five years). In the future, his salary will increase by 5% every year, and the average annual yield of personal account funds will be 3%. If he retires at the age of 60 (that is, pays another 25 years) and begins to receive a pension, the average monthly salary of the society in the year before receiving the pension will be

Then, the pension that Xiao Wang receives from the social pooling account is 5000× (30×1%) =1500 yuan/month. It can be calculated through the formula that when he retires, the accumulated amount of Xiao Wang's personal account is about 6 19698 yuan, and he can withdraw about 2869 yuan (6659 yuan) every month after retirement.