How to calculate the pension after retirement constellation _ how to calculate the pension after retirement

How to calculate the amount of retirement pension?

Calculation method of retirement pension Retirement pension = basic pension+personal account pension+transitional pension.

1, basic pension

Basic pension = average salary at retirement ×( 1+ average payment index) ÷2× accumulated payment years × 1%.

The average wage here refers to the average social wage in the area where retirees live in the previous year. In other words, the basic old-age insurance in economically developed areas is higher than that in underdeveloped areas.

The average payment index refers to the proportion that the insured chooses to pay. Generally speaking, the payment index is between 0.6 and 3. It can also be seen from here that the higher the contribution ratio of social security, the higher the corresponding basic pension will be.

The cumulative payment period includes the actual payment period and the deemed payment period. It is still very complicated to treat the payment period truthfully, so I won't start to describe it here.

For example, when HuHu retired, the average social wage in the previous year was 6500. The average payment index of Tribal Tiger is 0.7, and the accumulated deposit is 15 years (in order to simplify the calculation process, interest is not considered).

Basic pension = 6500 * (1+0.7)/2 *15 *1%= 828.75.