according to the relevant national policies, the insured of endowment insurance must reach the retirement age and pay social insurance for more than 15 years before they can receive the basic endowment insurance fund on a monthly basis. How much can I get for 15 years? How about paying social security pension all the time?
Therefore, social security can choose to stop payment after 15 years of cumulative payment. Here, we need to remind you that in general, the longer the social security is paid, the more it is paid, and the more pension it will receive after retirement.
After 15 years of social security payment, how much can I get a month after retirement? The calculation formula of social security pension after 15 years is: monthly pension = basic pension + individual account pension.
1. Basic pension = the average monthly salary of local employees in the previous year when I retire & times; 20%; 2. Personal account pension = my account deposit & divide; 120
If there is a unit, even if it has been paid for 15 years, but the employee has not retired, the enterprise has to continue to pay until retirement; if the individual pays social security, he can stop paying or continue to pay. According to the local policy, he must continue to pay well. Pension insurance follows the principle of "pay more, pay more". The higher the payment base, the longer the period, the more pension he will receive when he retires. Once the payment is stopped, it will directly affect the pension treatment after retirement.
If you always pay social security, how about pension?
When the accumulated contribution period is 15 years, and the 65 year old retires, the pension can be about 20 years (provided that he lives to 85 years old). Based on this calculation, the pensionable period is: 20 & times; 12 months = 240 months.
Suppose that the average annual salary of a certain person after 2007 is 50000 yuan, that person pays 4000 yuan and 60000 yuan for 15 years.
Personal account pension = personal account deposit & divide; number of months of calculation and issuance (195 for 50 years old, 170 for 55 years old, 139 for 60 years old, 120 months for 60 years old and above). When someone retires at 60 years old, he will receive 60000 & divide; 139 = 462 yuan.
That is to say, when a certain person retires in 2022, he can receive a monthly pension of 2037 + 462 = 2499 yuan.
Endowment insurance, the full name of social basic endowment insurance, is a kind of social insurance system established by the state and society according to certain laws and regulations to solve the problem that the laborer reaches the labor age limit of relieving the labor obligation stipulated by the state, or the basic life of the laborer after the old age loses the ability to work and leaves the post.
Endowment insurance is an important part of social security system and one of the most important five types of social insurance. The purpose of endowment insurance is to provide a stable and reliable source of life for the elderly.
According to the social insurance law of the people's Republic of China and other relevant provisions, the pension insurance will be reduced in stages from May 1, 2016.
In October 18, 2017, comrade Xi Jinping pointed out in the nineteen major reports that we should strengthen the construction of the social security system. A multi-level social security system covering the whole people, urban and rural areas as a whole, with clear rights and responsibilities, moderate and sustainable security will be built in an all-round way. We will fully implement the national insurance plan. We will improve the basic old-age insurance system for urban workers and urban and rural residents, and make the overall plan for the old-age insurance nationwide as soon as possible. We will improve the unified basic medical insurance system and serious illness insurance system for urban and rural residents. Improve the unemployment and work injury insurance system. Establish a national unified social insurance public service platform.