Now more and more people are beginning to pay attention to the issue of social security, and the main reason is to care about the issue of pension. Because the amount of pension determines the quality of our lives in our later years, many people now ask whether the company provides five insurances and one fund when looking for a job. After all, this is closely related to the interests of each of us. However, many people do not know much about pension issues. Many people ask if the editor is more senior, the more pensions they receive? What factors affect pensions? Let’s talk about it today.
First of all, we will talk about the content of working years.
What is the service life? What types of working years are there?
Working experience refers to the working years of engaging in mental or physical labor, with wage income as the entire or main source of living resources. Every year of work, one year of working experience is formed.
has two types of working years. One is "continuous working years", that is, the cumulative working time period; the other is "long-term work of this enterprise".
employee working years is one of the important indicators for measuring the size of contributions an employee has made to the society, and it is also the main basis for determining employees' enjoyment of labor insurance welfare benefits. The handling of many wages and allowances is also closely related to the service life.
In many units, especially government agencies, state-owned enterprises, institutions, etc., the service life is directly related to wages, allowances and other benefits. There is also the salary for wages. Some benefits are the longer the service life, the higher the standards.
There is also a term related to working years called "deemed as payment period". This term is crucial when calculating future pension benefits. People who started working before 1992 will be involved in a matter of deemed payment period when they retire.
This is considered a payment period. Many people do not pay attention to it during their work. When they retire, they have to break their legs for this thing, which is heartbreaking.
Because it is not up to you to which year the employee works in which unit. The determination of this year generally depends on the work experience recorded in the employee’s files to prove it. Then, personnel file is particularly important.
What is the relationship between working years and our pension? The longer you work, will the higher your pension?
The pension received after retirement is not entirely determined by the service life, but is just one of the reference factors!
Because basic pension consists of basic pension and personal account pension .
Basic pension and seniority
Minimum pension monthly standard for retirement is based on the average monthly salary of local workers in the previous year and the average monthly average salary of their indexed monthly contributions. The payment is paid to 1% every year.
Basic pension = The average monthly salary of local employees in the previous year when they retire × (1+ my average salary index) ÷ 2× payment period (including the deemed payment period, the same below) × 1%, among which, the average salary index of my own = (deemed payment index × deemed payment period + actual average salary index × actual payment period) ÷ payment period.
So basic pension is related to the following factors:
First, payment amount
If you pay the money, the more money you pay when you are young, the more money you can get when you are old. After all, part of social security is spent from your own personal account, which is like saving money. The more money you deposit into the bank, the more money you can withdraw, which is proportional.
Second, the average salary of the location
The survival cost of each city is different, that is, economic strength is linked to wages. There are more people in first-tier cities than in second- and third-tier cities, and there is no unfairness. The two are also proportional to the social security and the local average salary.
Third, related to payment time
used to be calculated based on working years, but now it is not based on working years, but it is still related to payment time.You are eligible to receive money in 15 years, but if you pay for 20 or 30 years, the longer you pay, the more pension you can receive when you get older.
Fourth, related to personal account pension
Personal account pension monthly standard is the personal account storage amount divided by to count the number of months . The number of months metered is determined based on factors such as the average life expectancy of urban population at the time of retirement, the retirement age , interest, etc.
On the one hand, the amount of personal account storage is related to how much insurance premium you have paid; on the other hand, the number of months of payment is also related to the retirement age. If the individual pays more and retires late, the higher the personal account pension you get.
Through our above analysis, we can actually see why the seniority of work is higher, but it is possible that you can get less pensions:
1. Your actual salary is lower than that of him, and there is a big gap. This is related to your rank, subsidies and other aspects in your unit.
2. Your actual payment period is less than that of him. Although others have less work years, they have been paying fees, so the payment period is more.
3. When you retire, your retirement age is older than him.
In addition, people who have more pension than you may have special policies such as professional title subsidies and talent introduction, and they should also be considered.
The principle of pension is to pay more and get more, and encourage individuals to pay more. If others pay more and spend more or more for a long time, they will naturally get more.
