Since the implementation of the pension insurance system reform in 2014, the pension system of government institutions and institutions has been gradually standardized. There are also uniform rules for the calculation of the deemed contribution index.
How is the deemed contribution index determined?
Generally speaking, the deemed contribution index of public institutions mainly includes three parts: job index, salary scale index, and retirement living allowance index. However, the retirement living allowance index has its own name in various places. For example, Shandong Province calls it the adjustment index, and Inner Mongolia Autonomous Region also calls it the standard subsidy index. In addition, the Inner Mongolia Autonomous Region also has a subsidy index for difficult and remote areas and calculation coefficients for different regions.
The three-part deemed contribution index is determined based on the person's position, salary scale and other factors at the time of retirement. Therefore, if the salary scale of the post has been increased before retirement, the deemed contribution index can also be increased, which is similar to the treatment principle before the implementation of the pension insurance system reform.
For example, if a retiree's job index is 0.25, the salary scale index is 0.45, and the retirement living allowance index is 0.95, the deemed contribution index is 1.65 when the three parts are added.
If there is a job promotion before retirement, the job index is increased to 0.28, and the retirement living allowance index is increased to 0.97, and the salary scale index is not affected, so the sum of the deemed contribution index is 1.7.
How does the deemed contribution index affect pensions?
The basic pension calculation formula of government institutions mainly includes three parts: basic pension, personal account pension and transitional pension. The occupational pension part belongs to the supplementary pension treatment in addition to the basic pension, and it has been accumulated since October 2014, and has nothing to do with deemed contributions.
In fact, the treatment of the same period of payment is composed of two parts: the basic pension and the transitional pension. The treatment of the actual payment period mainly includes the basic pension and the personal account pension (there is also a supplementary treatment of occupational annuity).
The role of the deemed contribution index is mainly used to calculate the basic pension and transitional pension, and has nothing to do with the personal account pension and occupational annuity.
The deemed contribution index and the deemed contribution period can be calculated and used independently, which can be more complicated if they are mixed together.
Assuming that the deemed contribution index of a retiree of a public institution is 1.6 and the deemed contribution period is 30 years, then his basic pension part = (1+1.6)÷2×30 years×1% of the average salary of the previous year of retirement, the result is 39% of the average salary. Assuming that the calculation base of Shandong Province in 2023 is 7,468 yuan, the basic pension is about 2,913 yuan.
The transitional pension part is calculated according to the calculation formula of Shandong Province, and the transitional pension is equal to 1.6×30 years× 1.3% of the average salary of the previous year of retirement, and the result is 62.4% of the average salary, that is, 4660 yuan.
For the same person, if the deemed contribution index is raised to 1.7, in fact, the basic pension part can receive 40.5% of the average salary of the previous year of retirement, that is, an increase of 1.5%. As for the transitional pension part, the calculation result is 66.3% of the average salary, which is an increase of 3.9%. Together, the pension can increase the average salary by 5.4%. According to 7468 yuan, this is 403.72 yuan per month.
Generally speaking, the contribution of the deemed contribution index to the pension is still very large, and if there are conditions, it should be promoted to the level of the post or the level of the title. #养老金知识小百科#