What is the calculation method (formula) of Jiangmen social security pension?

Explanation of calculation method of basic pension for enterprise retirees

1. Q: What is a basic pension? What projects does it consist of?

A: The basic pension, also known as the statutory pension, is a pension paid to retirees by the social basic old-age insurance fund to ensure their basic livelihood in accordance with state regulations. The insured person must meet the prescribed age conditions and payment period conditions at the same time in order to receive the basic pension on a monthly basis. Basic pension consists of basic pension and personal account pension. Insured persons who have deemed payment rights and have established deemed payment accounts shall issue transitional pensions on the basis of basic pensions and personal account pensions.

Q: How to determine the annual adjustment range of the basic pension?

A: Before the promulgation of the national measures, the city will make the following adjustments to the basic pension in July each year according to the spirit of the document of the Provincial Department of Labor and Social Security:

Annual adjustment of basic pension = average monthly basic pension in Jiangmen last year × average monthly salary growth rate of enterprise employees in the whole province last year × (40% ~ 60%).

-Reform the calculation and payment methods of basic pensions.

3. Q: When did our city start to reform the basic pension calculation and payment method?

A: According to the Notice of the provincial government on Implementing the Decision of the State Council on Improving the Basic Old-age Insurance System for Enterprise Employees (Guangdong Government [2006] No.96), the calculation and payment methods of basic pensions will be reformed from July 2006 1.

4. Q: Before and after the implementation of Document No.96 of Guangdong Government [2006], how did the new calculation and payment method of basic pension transition from the old one?

Answer: In order to ensure the smooth transition from the old calculation and payment method to the new calculation and payment method of basic pension, Guangdong Government [2006] No.96 stipulated a five-year transition period (from July 1 day to June 30, 2006+01day), and stipulated the original calculation and payment method of basic pension during the transition period (. If the insured reaches the legal retirement age during the transition period and meets the requirements of receiving the basic pension on a monthly basis, the new method will pay the basic pension according to the difference compared with the original method. Five years later, the new method is no longer compared with the original method, and all basic pensions are paid according to the new method.

Verb (abbreviation of verb) Q: Is the original method stipulated in Guangdong Document No.96 equal to the old method before the implementation of Guangdong Document No.96?

A: The original method is different from the old one. The setting of some parameters in the original method has changed (other conditions are the same), which is embodied in:

(1) The critical index is uniformly determined as "1";

(two) the calculation base of the monthly basic pension is set as the average monthly salary of employees in 2004, that is, the monthly basic pension = the average monthly salary of employees in 2004 × 20%;

(3) The storage amount of personal account was sealed on June 30, 2006 (the arrears paid in previous years after July are not included in the storage amount of personal account), that is, the monthly personal account pension = the storage amount of personal account120.

6. Q: What if the basic pension calculated by the new method is higher than that calculated by the original method?

A: The higher difference will be calculated and distributed according to a certain proportion. The specific criteria are:

(1) From July 2006 to June 30, 2007, the first payment was 1 0%;

(2) 30% of the down payment from July 1 2007 to June 30, 2008;

(3) 50% of the benefits received for the first time from July 1 2008 to June 30, 2009;

(4) 70% of the down payment from July 20 10 to June 30, 2009;

(5) 90%+01of the down payment from July 2065 438 to June 30, 2065438;

(six) to apply for basic pension after July 20 1 and 20 1 year, instead of comparing the old and new methods, the basic pension will be calculated and paid according to the new method; However, the benefits received for the first time during the initial transition period will not be recalculated.

Q: What if the basic pension calculated by the original method is higher than that calculated by the new method?

Answer: The standard calculated according to the original method shall be implemented.

8. Q: How to calculate the transitional pension of the original method?

Answer: The transitional pension in the original method = the indexed monthly average payment salary in the original method × [1payment years before June 30, 1998× calculation coefficient+1special job years before June 30, 1998× 0.2%-early retirement years × 1% ]× (65438+A0).

Note: ① Calculate the payment coefficient. Before June 30, 2006, the number of years of payment exceeded 1.2%, and the number of years of payment was less than1%. (2) A01... A05 is 200 1 transitional pension adjustment ratio of retirees in cities and districts from 2005.

Q: How to calculate the average monthly payment wage indexed by the original method?

Answer: The calculation formula is: the average monthly payment wage indexed by the original method = 1999 × the average monthly payment index calculated by the original method = 1999 × (critical index × Yuefu [1993] No.83 by city, district+city, the sum of the actual payment indexes before the end of June 2006.

Note: In view of the inconsistent execution time of document No.83 of Yuefu [1993] in our city (Xinhui1April 994 at the earliest and Kaiping1June 995 at the latest), the actual issuance time was before1February 994.

Q: How did the original method calculate the average payment index?

Answer: The calculation formula is: the average payment index of the original method = (deemed payment index × deemed payment months+sum of actual payment index as of June 20065438 +0) ÷ (deemed payment months+actual payment months as of June 20065438 +0).

Xi。 Q: How to calculate the actual payment index of the original method?

A: In the original method, the actual monthly payment index of the insured = the monthly payment salary of the insured ÷ the average monthly salary of the employees in the previous year.

-the basic pension calculation standard of the new method

12. Q: How to calculate the amount of the basic pension?

Answer: The calculation formula is: monthly basic pension = (average monthly salary of employees in the whole province in last year ×a+ average monthly payment salary of myself) ÷2× payment period (including deemed payment period) × 1%.

Among them, "A" is the correction coefficient set by the whole province, which is mainly based on the fact that the calculation of the basic old-age insurance collection and treatment and the payment base must correspond. When the indexed monthly average payment salary of the insured is lower than 60% of the average monthly salary of employees in the whole province in the previous year, a= my average payment index ÷ 0.6; When the average monthly salary of the insured is higher than 60% of the average monthly salary of employees in the whole province in the previous year, a= 1.

Thirteen. Q: How do I calculate my indexed monthly average payment salary?

A: The calculation formula is: my indexed monthly average payment salary = my average monthly salary of employees in the whole province in the previous year when I retired × my average payment index.

14. Q: How do I calculate my average contribution index?

Answer: The calculation formula is: my average payment index = (my deemed payment index × my deemed payment months+my actual payment index × my actual payment months) ÷ (my deemed payment months+my actual payment months).

note:

(1) The calculation formula of my deemed payment index is: my deemed payment index = 1993 average monthly salary of local employees ÷ 1993 average monthly salary of employees in the whole province. The specific standards are: Pengjiang and Jianghai (including the municipal government, the same below) are 1.076, Xinhui is 1.066, and the other four cities are all 0.963.

(II) The formula for calculating the deemed payment index of special groups is: deemed payment index = the monthly average basic salary of 65,438 before my demobilization, restructuring or leaving the original unit ÷ the monthly average salary of employees in the whole province in the previous year.

Q: How to calculate the actual payment index?

A: The calculation formula is: my actual payment index = my actual monthly payment salary ÷ the average monthly salary of employees in the province in the previous year.

16. Q: How can I calculate the actual payment index if I still have the previous payment years?

Answer: The calculation formula is: the actual payment index of the payment period = the average monthly payment wage base calculated at the time of payment ÷ the average monthly salary of employees in the whole province in the previous year at the time of payment. If the calculation result is greater than 3.0, take 3.0.

-A new method for calculating the standard of personal account pension.

17. Q: How is the personal account of basic old-age insurance accumulated month by month?

A: From the implementation date of Guangdong Government Document [1993] No.83 to1June 30, 1998, the scale of establishing individual accounts for basic old-age insurance is: my contribution salary × individual contribution ratio; 1, from July 1998 to June 30, 2006, the scale of account establishment was: my contribution salary ×11%; From July 2006 1, the scale of account establishment was adjusted to: my contribution salary ×8%. The personal account deposit before June 30, 2006 and the personal account deposit after July 1 2006 are calculated together.

18. Q: How to calculate the amount of personal account pension?

Answer: Divide the amount stored in my personal account by the number of months when I first received my monthly basic pension.

19. q: how to determine the number of pension months in individual accounts?

A: According to the average life expectancy of urban population when employees retire, their retirement age, interest and other factors, the state has set the following implementation standards for the number of months of personal account pension.

20. Q: Can the personal account of basic old-age insurance be inherited?

A: Article 21 of the Regulations on Social Endowment Insurance in Guangdong Province stipulates that when the insured dies, the amount stored in the personal account shall be returned to the legal heir. If there is no legal heir, it will be transferred to the social basic endowment insurance fund.

-A new method for calculating the transitional pension.

2 1. Q: How to calculate the amount of transitional pension?

Answer: (1)1If you participated in the basic old-age insurance before June 30, 1998, when you receive the basic monthly pension for the first time, you will divide the total amount of your account by120;

(2)1After July 30, 1998, if the basic old-age insurance has the deemed payment period stipulated by the state before June 30, 2006, the total amount of the deemed payment account shall be divided by120; After July 2006 1, if the deemed payment period stipulated by the state begins, I will be deemed to have divided the total payment account by the number of months in my personal account.

22. Q: What is a deemed payment account?

Answer: The so-called deemed payment account is an equity account for calculating the transitional pension, which recognizes the working years of the insured who has been approved by the administrative department of labor and social security as the payment years and is established according to certain calculation standards.

23. Q: Who is the subject of the deemed payment account?

Answer: (1) The general population, that is, the insured who participated in the basic old-age insurance and enjoyed the transitional pension before June 30,1998;

(II) Special groups, that is, those who participated in the basic old-age insurance after 1 July, 9981July, and whose continuous working years can be calculated as the payment period according to the provisions of the state, including retired soldiers who were placed in enterprises in our city, staff of former organs who flowed to enterprises, and staff of institutions managed by civil servants before the restructuring.

24. Q: How do ordinary people set up accounts as payment accounts?

Answer: (1) It is regarded as supplementary construction of payment account. As of June 30, 2006, the total amount of my 1993 account before the end of the year was regarded as1993, and the average monthly salary of local employees was ×8%× 12× 1993,1+1.

(2) Fill in the deemed payment account. As of June 30, 2006, the total amount of the deemed payment account =[65438+ local 1993, the average monthly salary of employees ×8%×65438+65438+ local implementation [1993] 83, the number of months before+(Guangdong Province [1993]

Twenty-five Q: How to treat special groups as payment accounts?

Answer: As of June 30, 2006, the total amount of the deemed payment account =1account amount before the end of 993 × (1+10%) n+1994+0 to 1998 × (65438)

Note: (1) n refers to the period from the month when I joined the enterprise to June 2006; ⑵ A99...A06 represents the annual bookkeeping interest rate of personal accounts from 1999 to 2006.

26. Q: Can a deemed payment account be withdrawn or inherited at one time?

Answer: The deemed payment account is established according to the insured person's deemed payment period, and the virtual account management is implemented under the personal account management mode, which is only used as the calculation and payment base of the transitional pension. When paying the transitional pension, its funds still come from the basic old-age insurance pooling fund, not from the actual contributions of individuals. Therefore, there is no private property and it cannot be inherited and extracted at one time.