A friend asked how much her pension would be increased if she was about to retire in a public institution before September 2024?
First of all, it should be reminded that if women are promoted to senior titles, the retirement age has changed from 50 or 55 to 60. If you still want to retire at the age of 55, you actually need to apply for it individually. Of course, there are still many people who want to retire early and enjoy life.
Since the retirement before September 2024 is still a retirement within the ten-year transition period stipulated by the state, it is necessary to compare the retirement benefits of the new method and the old method. How is it calculated?
The formula for calculating retirement benefits under the old method.
The old method of retirement benefits, first of all, the first part is based on my post salary and salary scale salary in September 2014× the calculation and payment ratio determined by my total working years + the number of retirement expenses increased by the national unified quota standard in 2015 + the amount of retirement living allowance determined by my position level in September 2014, and the result of the above sum is multiplied by (1 + the wage growth rate announced by the state in previous years).
Then, the second part is based on the basic salary standard in September 2014 corresponding to the post level and salary scale after my last promotion to the job title× the calculation and payment ratio determined by my total working years + the amount of retirement expenses increased by the national unified quota standard in 2015 (this is the standard of senior titles) + the amount of retirement living allowance determined by the last adjusted job level. The difference between the above results after promotion and the results before the promotion is not multiplied, and then multiplied by (1 + the salary growth rate uniformly announced by the state after the last promotion of the job level), if it is promoted in 2024, there is actually no need to multiply.
Finally, the sum of Parts 1 and 2 gives us the true old-fashioned retirement benefits.
For example, in September 2014, it was originally a level 9 technical staff position, and the salary scale was 24. The total number of years of service is 34 years, so the rate of payment is 85%. The calculation of this part is (730 yuan + 527 yuan) multiplied by 85%, and the result is 1068.45 yuan.
At this time, the retirement fee increased in 2015 is the intermediate standard, and it can be increased by another 350 yuan. The retirement living allowance is also an intermediate standard, assuming 2,800 yuan. In this way, the sum has reached 4218.45 yuan.
Then, after summing, calculate the cumulative wage growth rate to find the result. If the wage growth rate in 2024 is 2%, the total increase will be about 32%. Therefore, if you do not promote the title, the old method of retirement benefits will be about 5,569 yuan.
If it is promoted to a level 7 position in 2024, the salary scale at this time is level 34, in this case, the original basic salary standard will become 930 yuan + 834 yuan, and then multiplied by 85%, and the result is 1499.4 yuan.
At this time, the 2015 fixed increase in the retirement allowance standard is 460 yuan, if the local 2014 retirement living allowance standard senior title is 3200 yuan, so that the old method of retirement treatment after the promotion of the title is 5159.4 yuan. Compared with 4218.45 yuan, it is 940.95 yuan higher. There is no wage growth rate for this segment, so it is calculated on the basis of the original amount.
Therefore, the old way of retirement treatment is actually 5569 yuan + 940.95 yuan = 6509.95 yuan.
Overall, in the last few months of 2024, the promotion of the post level, the old way of retirement benefits is still obvious. If the calculated new method of retirement benefits is lower, it will be much more cost-effective.
Of course, the promotion of professional titles will also have a significant impact on the retirement benefits of the new method, and how will it be affected?
Welcome to pay attention to Warm Heart and share more social security financial knowledge with you. #头条创作挑战赛##养老金知识小百科#