First, the basic situation
This is a fan friend sent a review form for the retirement benefits of personnel in government agencies and institutions, and he said to me:
1. When he retired, he was the seventh deputy senior and the salary scale was 39;
2. He was born in August 1963, started working in August 1983, and retired in August 2023.
3. At the time of retirement, the pension balance of the personal account is 82,760.37 yuan, and the amount of the occupational annuity account is 114,559.01 yuan;
4. His "Audit Form" has the pension insurance payment base for the past years, and the pension approved by him is 9991.92 (including occupational annuity).
He wanted to know how the data on the audit form was calculated, and the first thing he wanted to know was how the average index of 1.5922 on the audit form was calculated.
The audit form of Mr. Liu Hewei's retirement benefits is shown in the following chart: the items marked with red numbers are the detailed interpretation of this article.
The size of the original image is slightly smaller, and the clarity is a little worse. Charts of other cities are available for reference.
2. Detailed interpretation of some data in the audit form
1. Payment period
= ((Retirement year - Working year) ×12 + Retirement month - Working month + 1) ÷12
=((2023-1983)×12+8-8+1)÷12
=(40×12+8-8+1)÷12
=481÷12
= 40.08 years
2. Average index
= (Deemed Payment Index× Deemed Payment Period + Actual Payment Index ×Actual Payment Period) ÷ Cumulative Payment Period
3. Deemed payment index
= Post title index at retirement + salary scale and salary index at retirement + title at retirement refer to the retirement subsidy standard index in September 2014
= Deputy high school seven-level index + salary scale 39-level index + retirement subsidy 3106 yuan index
=0.3956+0.3089+0.9648
=1.6693
4. Actual payment index
= (2014 index + 2015 index ...... + 2023 index) ÷ actual payment period
= (2014 contribution base÷ average salary in 2013 + 2015 contribution base ÷average salary in 2014 + ...... + 2023 contribution base ÷average salary in 2021) ÷ actual payment period
=(0.2197+1.1165+……+0.8895)÷8.91
=11.7836÷8.91
≈1.322514
≈1.3225
5. It is deemed to be the payment period
= ((Year of payment - Year of participation) ×12 + Month of payment - Month of participation)÷12
=((2014-1983)×12+10-8)÷12
=(31×12+10-8)÷12
=375÷12
≈30.17
6. The actual payment period
=((Retirement time - actual contribution time)÷365.242199
=(45169-41913)÷365.242199
=3256天÷365.242199
=8.914632561
≈8.91
2. Average index
=(1.6693×31.17+1.3225×8.91)÷40.08
=(52.032081+11.783475) ÷40.08
=63.815556÷40.08
≈1.5922044
≈1.5922
7. The average salary of on-the-job employees in the previous year
7468 yuan, which is a unified standard in Shandong Province, also known as the calculation and issuance base. The following calculations are collectively referred to as the calculation base.
3. Calculation of pensions under the new method
8. Basic pension
= Calculation base × (1 + average index) ÷ 2× payment period× the proportion of payment for every 1 year of payment
=7468×(1+1.5922)÷2×40.08×1%
=7468×2.5922÷2×40.08×1%
≈3879.4533
≈ 3879.45 yuan
Here, the staff of government institutions and the workers of enterprises are paid the same proportion, and the calculation formula is the same.
9. Transitional pension
= Calculation and issuance base× the transition coefficient of the deemed payment index × deemed payment period ×
=7468×1.6693×31.17×1.3%
≈5051.48255
≈ 5051.48 yuan
Here, the transition coefficient of 1.3% is the standard of Shandong Province, and the personnel of government institutions and enterprises are the same transition coefficient and the same calculation formula.
10. Personal account pension
= The balance of the pension in the personal account ÷ the number of months in which it is issued
=82780.37÷139
≈ 595.54 yuan
Here, the number of months of 139 months is determined according to the age of the retiree at the time of retirement. Retirement at the age of 60, the number of months is 139 months; Retirement at the age of 55, the number of months is 170 months; Retirement at the age of 50 is calculated for 195 months.
Employees of government institutions are of the same standard as workers in enterprises.
11. Occupational annuity
= Occupational pension account balance ÷ number of months of payment
=114559.61÷139
≈824.1698
≈ 824.17 yuan
12. The total pension of the new method
= Basic pension + transitional pension + personal account pension + occupational annuity
=3879.45+5051.48+595.54+824.17
= 10350.64 yuan
Fourth, the old method of pension calculation
First of all: the calculation of the pension under the old method during the transition period is completely different from the calculation of the pension under the old method before September 2014.
The biggest and most obvious difference between them is that a new concept of cumulative wage growth rate has been introduced into the formula for calculating pensions under the old method during the transition period.
Secondly: the old pension calculation formula is basically the same between provinces, cities and cities, but there are slight differences.
The basic formula of the old pension in the document issued by the Ministry of People's Affairs [2015] No. 28:
That is, the old way of pension
= (2014 basic salary A× the calculation and payment ratio of the old method M + retirement living allowance B + Guo Ban Fa [2015] No. 3 document to increase the pension C) × the cumulative wage growth rate as of the previous year of retirement Π
This example of the old method of pension
= ((2014 salary standard for job title at retirement + salary scale in 2014 + salary standard in 2014 + additional salary reform grade difference in 2006) × 110% (10% increase in basic salary standard for teachers and nurses) × calculation and payment ratio of the old method + retirement subsidy standard for the title at the time of retirement with reference to September 2014 + additional pension in [2015] No. 3 + other allowances such as teaching age) × the cumulative salary growth rate as of the previous year of retirement
= ((2014 salary standard of the 7th level of the deputy senior high school + salary standard of 30 salary scale in 2014 + the difference between the salary scale 31 and the salary scale 30) ×110% × the calculation and payment ratio of the old method + the retirement subsidy standard of September 2014 for the title at the time of retirement + additional pension + teaching age allowance in [2015] No. 3) × the cumulative salary growth rate as of the previous year of retirement
=((930+703+32)×110%×90%+3106+460+10)×1.2946
=(1665×110%×90%+3106+460+10)×1.2946
=(1648.35+3106+460+10)×1.2946
=5224.35×1.2946
≈6763.44351
≈ 6763.44 yuan
Over here:
13. Basic retirement allowance
= (2014 salary standard of the 7th level of the deputy high school + salary scale 30 + salary scale 30 salary standard in 2014 + the difference between the salary scale 31 and the salary scale 30) × the proportion of the old method
=(930+703+32)×90%
=1665×90%
= 1498.5 yuan.
14. Pension increased according to the wage growth rate
= ((2014 salary standard of the 7th level of the deputy senior high school + salary standard of 30 salary scale in 2014 + the difference between salary scale 31 and salary scale 30) ×110% × the calculation and payment ratio of the old method + the retirement subsidy standard of September 2014 for the title at the time of retirement + additional pension + teaching age allowance in [2015] No. 3) × (cumulative salary growth rate as of the previous year of retirement - 1)
=5224.35×(1.2946-1)
=5224.35×0.2946
=1539.09351
≈ 1539.09 yuan
15. The allowance for education and nursing will be increased by 10%.
= (2014 salary standard of the seventh level of the deputy high school + salary scale 30 + salary scale 30 salary standard in 2014 + the difference between the salary scale 31 and the salary scale 30) × increase ratio × the old method calculation and payment ratio
=(930+703+32)×10%×90%
=1665×10%×90%
= 149.85 yuan
16. The total pension of the old method
= Basic Retirement Allowance + Additional Retirement Allowance + Retirement Allowance + Teaching Age Allowance + Pension Increase by Wage Growth Rate + 10% Allowance for Nursing Enhancement
=1498.5+460+3106+10+1539.09+149.85
= 6763.44 yuan
Fifth, the old and new methods of pension comparison
17. The difference between the old and new pension methods
= New Pension - Old Pension
=10350.64-6763.44
= 3587.2 yuan
18. Extraction ratio
That is, during the 10-year transition period, the excess proportion of retirees will be paid to retirees according to the transition year.
90% is the proportion paid in the 9th year of 2023 during the transition period. For those who retire in 2022, 80% of the excess will be paid; If you retire in 2024, you will be paid 100% of the excess.
It should be noted that this 90% is 90% of the excess paid in the ninth year of the transition period, which is not the same concept as the 90% of the pension calculation rate under the old method mentioned above. 90% of the pension calculation and payment ratio of the old method is calculated according to the payment period, and the calculation and payment ratio of more than 35 years is 90%; The contribution period between 30 and 35 years is 85 per cent.
19. Withdraw pension
That is, the retiree is paid the retirement year, and the old and new methods compare the excess pension
= Comparison of the old and new methods × the proportion of excess payments during the transition period
=3587.2×90%
= 3228.48 yuan
20. Monthly pension should be enjoyed
= old-fashioned pension + pension withdrawn
=6763.44+3228.48
= 9991.92 yuan.
It should be added that this month should be entitled to a pension, including an occupational pension.
However, occupational pensions are not part of the basic pension. And the occupational pension is not paid for life. When the pension balance in the occupational pension account of the person is zero, the occupational pension will be discontinued.
Basic pension = monthly pension - occupational annuity
=9991.92-824.17
= 9167.75 yuan
This 9167.75 yuan is the basic pension base in December 2023 when the pension of retirees is adjusted in 2024.
The above is only the author's personal opinion. What do readers and friends think about this, please leave a message to discuss and advise.
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