Endowment insurance is the basic guarantee of our pension in the future, and more and more families have experienced the benefits of endowment insurance. In 2011, there were only 66 million retirees receiving basic pension insurance benefits for employees in China, and in 2022, this number increased to 127.62 million. However, while looking forward to receiving a pension, do you know how the pension is calculated?
Some elderly people believe that pensions should receive a pension of 100 yuan per year of contribution. In this way, you can pay a pension of 2,000 yuan for 20 years, and you can almost maintain your life after retirement. In fact, the pension of many elderly people does not reach this level.
Pension insurance contributions for 20 years can receive a pension of 2,000 yuan, but it is also conditional. It can be achieved in the following two ways:
<h1 class= "pgc-h-arrow-right" > first, calculated by overpaying. </h1>
According to our pension calculation formula, retirement pension mainly includes two parts: basic pension and personal account pension, and the calculation formula of these two parts is unified nationwide.
The calculation formula of the basic pension is relatively complex. It involves the social average salary, the average contribution index of the person and the number of years of payment. Generally speaking, if it is a 60% base contribution, the 20-year pension can only receive 16% of the social average salary.
At present, the social average salary used in the calculation of retirement pensions throughout the country is generally 6,000 to 8,000 yuan. 16% of the social average salary, that is, 960 yuan to 1280 yuan.
Personal account pension, the calculation is relatively simple. Generally speaking, if the payment is made according to the 60% base, the balance of the personal account is 30,000 to 50,000 yuan. The number of months of retirement at age 50 is 195 months, 139 months for age 60 and 170 months for age 55. In this way, if you retire at the age of 60 and have a personal account of 50,000 yuan, you can only receive a personal account pension of 360 yuan per month.
The sum of the two parts is indeed far from 2,000 yuan, but if we pay 100% of the base and 200% of the base? Generally speaking, if you can pay according to the 200% base, you can receive 30% of the basic pension fund of the average social wage of the previous year for retirement, and the basic pension will almost reach 2000 yuan. Not to mention 300% base contributions.
In addition, the social wage used in beijing, Shanghai and other places to calculate pensions is very high, which is close to 10,000 yuan. In this case, the calculated pension is also close to 2,000 yuan.
Although the social wage used in our calculation pension is low, it will continue to increase in the future. It is believed that after the next 10 years, the pension calculated by the vast majority of local contributions for 20 years can reach more than 2,000 yuan.
< h1 class= "pgc-h-arrow-right" > second, rising through pension adjustments. </h1>
Article 18 of the Social Insurance Law clearly stipulates that the state shall establish a normal adjustment mechanism for basic pensions. According to the growth of social average wages and prices, the basic pension insurance treatment of retirees is increased in a timely manner every year. Since 2005, the state has adjusted the pension of retirees once a year, and it has been 17 years. It is expected to be the 18th time next year.
According to the pension adjustment plan of various places, it is generally carried out through quota adjustment, linkage adjustment and appropriate tilt, and the lower the general pension level, the higher the increase. Shandong Province's 2021 adjustment plan fixed amount adjustment of 65 yuan, in addition to the payment period and according to the proportion of pension adjustment. In the basic pension of 1200 yuan, the contribution period of 20 years is expected to increase by 101 yuan. It only takes 8 years for the pension to exceed 2,000 yuan. For example, when my mother first retired, the basic pension was only more than 600 yuan, and now the monthly pension can reach 1800 yuan.
Therefore, it is not impossible to receive a monthly pension of 2,000 yuan for 20 years of payment, either according to the high base of payment, or pin hope on the future. In general, although the pressure on our pension insurance fund is increasing, the state will still have practical and effective means to ensure that the pension of retirees is issued on time and steadily.