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When is the retirement salary of China Bank paid every month?
The amount of pension will be affected by the length of service. However, from the time point of view, pension is only related to retirement age and payment period, and has nothing to do with length of service. Working years can reflect the payment years to a certain extent, but it does not mean that the longer the working years, the more pensions you receive. Therefore, seniority will not be ranked according to seniority.
After paying 15 years, if the insured wants to get a higher pension, he needs to "work hard" from the aspects of work field, salary level, work level, payment period and retirement age.
Why is the salary less after retirement?
1. Low payment base leads to low retirement salary, because the payment principle of old-age insurance is to pay more and pay more for a long time. The higher the payment base, the higher the retirement benefits. By influencing personal investment withdrawal pension and personal account pension, the payment base is calculated, which in turn affects personal pension.
2. Short payment period leads to low retirement salary. In the pension calculation formula, the basic pension is directly linked to the payment period.
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