In the 2024 pension adjustment, the calculation method of the pension difference of retirees in government institutions is more complicated, but in general, it is determined by comparing the old and new methods and combining a certain proportion.
The specific calculation method can usually be expressed by the following formula (taking a place as an example): assuming that the pension calculated by the new method is A, the pension calculated by the old method is B, and the retirees of government institutions and institutions whose retirement time is between October 2014 and September 2024, the difference in the amount of repayment = (A - B)× the proportion of repayment. For example, for those who retired in 2017, the retroactive rate is 30%; For those who retire in 2024, the retroactive rate is 100%.
Different populations are affected differently. For example, if the pension calculated by the new method is 8,000 yuan, the old method calculates 6,000 yuan. When retiring in 2021, the difference is 2,000 yuan, and the repayment ratio for the current year is 70%, then the repayment amount for the current year is 2,000×70% = 1,400 yuan. Another retiree with 30 years of service and a pension of 5,000 yuan, the new method calculates a pension of 6,000 yuan, and the old method calculates 4,500 yuan, and retires in 2020, the proportion of repayment in that year is 60%, and the amount of repayment in that year is (6000 - 4500)×60% = 900 yuan. It can be seen that the difference in length of service, pension level and retirement time will lead to differences in the amount of difference payment.
For retirees of government agencies and institutions, the countermeasures are mainly to pay attention to the local pension adjustment policy and understand their rights and interests in a timely manner. At the same time, it is possible to ensure that the quality of life during the pension adjustment and retropayment period can be ensured through reasonable personal financial planning. For example, let's say a retiree has a basic living expenses of $3,000 per month, and while waiting for the pension to be repaid, he can adjust the allocation of funds from savings or other investments.
For another example, a person who retires in 2022 and has 35 years of service, the pension is calculated as 5,500 yuan according to the old method and 6,500 yuan according to the new method, and the repayment ratio of the current year is 80%, then the difference is 1,000 yuan, and the repayment amount for the current year is 1,000×80% = 800 yuan. If the person receives the reissue in 2024, there may be other ways to make up for the shortfall, such as cutting back on unnecessary spending.
The specific formula for the repayment of the pension difference of retirees in government institutions and institutions in 2024
The calculation of the difference in pension payment for retirees of government agencies and institutions involves a number of factors, and the specific formula is relatively complex. Taking the common calculation method as an example, the amount of pension difference repayment is usually related to the basic pension, personal account pension, transitional pension and adjustment coefficient.
The calculation of the basic pension is usually as follows: basic pension = pension calculation base × (1 + average indexed contribution base) / 2 × payment period ×1%. Assuming that the pension calculation base is 8,000 yuan, the average index payment base is 1.2, and the payment period is 35 years, the basic pension = 8,000×(1 + 1.2)/2×35×1% = 3,360 yuan.
Personal account pension = personal account balance / number of months. Assuming that the balance of the personal account is 150,000 yuan, and the number of months corresponding to retirement at the age of 60 is 139 months, the personal account pension = 150,000/139 ≈ 1,079.14 yuan.
Transitional pension = the average salary of the province in the previous year at the time of retirement× which is regarded as the transition coefficient × the number of years of contribution. Assuming that the average salary of the previous year is 7,000 yuan, the deemed contribution period is 10 years, and the transition coefficient is 1.3%, then the transitional pension = 7,000×10×1.3% = 910 yuan.
In the pension adjustment, the difference may be determined according to the comparison of the old and new methods. Assuming that the pension calculated by the new method is 6,000 yuan, and the pension calculated by the old method is 5,000 yuan, if it is in the 7th year of the transition period, the proportion of supplementary payment is 70%, then the amount of the difference is repaid = (6000 - 5000)×70% = 700 yuan.
It should be noted that the parameters and calculation methods may vary from place to place in the actual calculation, and the above are only examples.
The impact of pension difference repayment on people of different working ages
The retroactive payment of pension differences has different impacts on retirees of government agencies and institutions with different years of service. In the case of retirees with 20 years of service and 40 years of service, it is assumed that the other conditions are the same, only the length of service is different.
Retiree A, who has worked for 20 years, has a pension calculation base of 7,500 yuan, an average indexed contribution base of 1.1, a deemed contribution period of 5 years, and a transition coefficient of 1.2%. Calculated according to the above formula, the basic pension = 7500×(1 + 1.1)/2×20×1% = 1650 yuan, the personal account pension = 100000/139 ≈ 719.42 yuan, the transitional pension = 7500×5×1.2% = 450 yuan, and the total pension is about 2819.42 yuan.
Retiree B with 40 years of service, under the same parameters, basic pension = 7500×(1 + 1.1)/2×40×1% = 3300 yuan, personal account pension = 150000/139 ≈ 1079.14 yuan, transitional pension = 7500×10×1.2% = 900 yuan, and the total pension is about 5279.14 yuan.
Assuming that the pensions calculated by the new method are 3,500 yuan and 6,000 yuan respectively, and the pensions calculated by the old method are 3,000 yuan and 5,000 yuan respectively, if they are both in the sixth year of the transition period, the repayment ratio is 60%. For Retiree A, the difference amount = (3500 - 3000)×60% = 300 RMB; For Retiree B, the shortfall amount = (6000 - 5000)×60% = 600 RMB.
It can be seen that people with longer working years can often get more money in the pension difference payment.
Coping strategies for the repayment of pension differences for retirees of government agencies and institutions
For the repayment of the pension difference for retirees of government institutions and institutions, the following are some coping strategies:
First of all, it is necessary to keep abreast of the pension adjustment policy and the relevant information of the repayment. Pay attention to notices and announcements issued by government departments, or obtain accurate information through the consultation channels of the social security department.
Second, plan your personal finances reasonably. The family's income and expenditure plan can be adjusted according to the estimated amount of pension catch-up. For example, if you expect a large amount of repayment, you can consider repaying part of your debts in advance, or making prudent investments and financial management.
Furthermore, maintain a healthy lifestyle to reduce medical expenses. A healthy body can reduce the burden of medical expenses, so as to better ensure the use of pensions.
Finally, for some uncertain factors, such as policy changes, it is necessary to maintain a calm mind and actively adapt and respond.
For example, a retiree whose pension is expected to be repaid 5,000 yuan can use 2,000 yuan to repay the previous small loan to reduce the interest burden; Invest 2,000 yuan in low-risk wealth management products, such as bank fixed deposits, to obtain stable income; The remaining 1,000 yuan is used to improve the quality of life, such as buying nutritional supplements.
Typical cases and numerical analysis of pension difference repayment
The following is a list of typical cases of pension difference repayment, and numerical analysis:
Case 1: Ms. Wang, with 30 years of service, will retire in 2023, with a pension calculation base of 7,800 yuan, an average exponential payment base of 1.05, a deemed payment period of 8 years, and a transition coefficient of 1.2%. Basic pension = 7800× (1 + 1.05)/2×30×1% = 2457 yuan, personal account pension = 120000/139 ≈ 863.31 yuan, transitional pension = 7800×8×1.2% = 748.8 yuan, the total pension is about 4069.11 yuan. The pension calculated by the new method is 4,500 yuan, and the pension calculated by the old method is 4,000 yuan, and in the fifth year of the transition period, the proportion of repayment is 50%, and the amount of the difference is = (4500 - 4000)×50% = 250 yuan.
Case 2: Mr. Li, with 45 years of service, will retire in 2024, with a pension calculation base of 8,500 yuan, an average indexed payment base of 1.15, a deemed payment period of 15 years, and a transition coefficient of 1.3%. Basic pension = 8500× (1 + 1.15)/2×45×1% = 4331.25 yuan, personal account pension = 180000/139 ≈ 1294.96 yuan, transitional pension = 8500×15×1.3% = 1657.5 yuan, and the total pension is about 7283.71 yuan. The pension calculated by the new method is 7,800 yuan, and the pension calculated by the old method is 7,000 yuan, and in the 8th year of the transition period, the proportion of repayment is 80%, and the amount of the difference is repaid = (7800 - 7000)×80% = 640 yuan.
To sum up, the calculation of the pension difference of retirees in government institutions and institutions in 2024 involves a variety of factors, and different years of service and different calculation parameters will have an impact on the results. Retirees should pay close attention to relevant policies and plan their finances reasonably to better cope with the adjustment and repayment of pensions. At the same time, the government is also constantly improving the pension system to protect the quality of life and rights of retirees.
That's the end of today's sharing, if you have any other thoughts or opinions, please leave a message in the comment area.
Disclaimer: The process and pictures described in the article are from the Internet, and this article aims to advocate positive social energy and no vulgar and other bad guidance. If it involves copyright or character infringement issues, please contact us in time, and we will delete the content as soon as possible! If there is any doubt about the incident, it will be deleted or changed immediately after contact.