4hw.com.cn: retirement pension is a national retirement pension system. It is the remuneration of employees in enterprises and institutions after their retirement. The amount of retirement pension is different in different regions and different times. So how to calculate the 2018 Shenzhen pension? Let's have a look.
1、 The calculation formula of retirement wage of Shenzhen endowment insurance is divided into two situations according to the different time of first insured:
1. For those who participated in social security before July 31, 1992 (including officially transferred in personnel), their retirement wages are composed of the following parts: overall pension + individual account pension + adjustment Fund + transitional pension + working age subsidy + local subsidy + transitional subsidy; 2. For those who participated in social security after August 1, 1992, their retirement wages are composed of the following parts: overall pension + individual account pension + worker Age subsidy + local subsidy (there is no local subsidy for non Shenzhen households); therefore, many people's low retirement pension is due to their participation in social security after August 1992, which is a key factor.
2、 Detailed calculation formula:
1. Overall pension: Based on the average monthly wage of the employees on duty in the previous year of this city and the average value of their indexation monthly payment wage at the time of retirement, it is calculated as 1% of the payment per full year, and 1 / 12 of the payment per month if it is less than one year;
2. Individual account pension: it is calculated by dividing the accumulated amount of individual account at retirement by the number of months of calculation and issuance stipulated by the state (139 months of calculation and issuance of retirement at 60 years old, 170 months of retirement at 55 years old and 195 months of retirement at 50 years old);
3. Transitional pension: the average monthly payment wage multiplied by the proportion enjoyed. If the payment period before July 31, 1992 does not exceed 25 years, the proportion of enjoyment shall be: the payment period before July 31, 1992 multiplied by 1.2%; if the payment period before July 31, 1992 exceeds 25 years, the proportion of enjoyment shall be: the payment period before July 31, 1992 minus 215 multiplied by 1%, plus 30%.
4. Adjustment Fund: 300 yuan per month;
5. Seniority allowance: the total payment period is multiplied by 4 yuan, not counting less than 1 year;
6. Local subsidy: years of payment of local supplementary endowment insurance & times; average payment index of insured & times; 18.5 + 20;
7. Transitional subsidy: before July 31, 1992, the payment years of local supplementary endowment insurance & times; average payment index of insured & times; 11 + 60.
Three. Example: an insured person participated in work in August 85, transferred to Shenzhen in June 94, retired at the age of 55, basically insured according to the minimum standard of Shenzhen household, retired in January 2018, with the balance of personal account of 65000 yuan. The detailed data are as follows:
The total payment period of the insured is 32.5 years, 7 years before July, 1992, 32.5 years of local supplementary endowment insurance, the average payment index is about 0.72, personal account is 65000, and 2017 social average wage is about 7480 yuan. The detailed calculation is as follows:
1. Overall pension = (7480 + 5386) / 2 * 32.5% = 2090 yuan;
2. Personal account pension = 65000 / 170 = 382 yuan;
3. Adjustment fund = 300 yuan;
4. Transitional pension = 5386 * 7 * 0.012 = 452 yuan + 100 = 552 yuan;
5. Working age subsidy = 32 * 4 = 128 yuan;
6. Local subsidy = 32.5 * 0.72 * 18.5 + 20 = 453 yuan;
7. Transitional subsidy = 7 * 0.72 * 11 + 60 = 115 yuan;
The total pension is about $4020