Since pension merger in October 2014, retired personnel of government agencies, public institutions, , are divided into three types: retired "elderly", "middle-level people" and "newcomer". Due to the different situations of paying pension insurance for the three types of people, the methods of calculating pensions are different. Especially the "middle-level people" among them did not pay pension insurance for their years of working before October 2014, but they cannot be ignored. Therefore, they can only be regarded as paying fees, and the method of calculating pensions is more complicated.
Retirement of government agencies and public institutions refers to those who retired before October 2014; retired "middle-level people" refer to those who entered government agencies and public institutions before October 2014 and retired after October 2014; retired "newcomer" refers to those who entered government agencies and public institutions after October 2014. Retired "middle people" can be divided into two situations: those who retire between October 2014 and September 2024 are "middle people" within the 10-year transition period; while those who retire after October 2024 are not "middle people" within the 10-year transition period, but are "middle people" after the transition period. The pension of "Chinese people" during the transition period in
10 shall be subject to the "guaranteed height limit" policy, while the "Chinese people" after the transition period shall not have the "guaranteed height limit" policy. The "guaranteed height limit" policy refers to the use of new methods and old methods to calculate pensions. If the pension benefits of the new methods are lower than the pension benefits of the old methods, they will be paid according to the old methods' benefits standards and keep the benefits from being reduced; and if the pension benefits of the new methods are higher than the pension benefits of the old methods, the excess will be paid in proportion. This ratio is calculated according to the following rules: those who retire from October 2014 to September 2015 will be 0.1; those who retire from October 2015 to September 2016 will be 0.2; and so on, those who retire from October 2023 to September 2024 will be 1.
The old method of pension calculation formula: basic pension = (basic salary × calculation ratio + retirement subsidy + capital increase over the years) × wage growth rate. Among them, the proportion of payment is mainly based on the years of work. If the years of working are more than 35 years, the proportion of payment is 90%; if the years of working are more than 30 years to less than 35 years, the proportion of payment is 85%; if the years of working are more than 20 years and less than 30 years, the proportion of payment is 80%; if the years of working are more than 10 years and less than 20 years, the proportion of payment is 70%. Other retirement subsidies, capital increase over the years and wage growth rates should be determined based on individuals and provinces.
New method pension calculation formula: pension = basic pension + personal account pension + transitional pension . Among them, basic pension = the average social wage of the retiree in the previous year × (1+ my average contribution index) ÷ 2× contribution period × 1%; personal account pension = the balance of the retiree's pension insurance personal account ÷ determined by the retirement age ; transitional pension = the average social wage of the retiree in the previous year × (1+ my average contribution index) × the deemed payment period × the transition coefficient.
is an example calculated, as shown in the figure. A "middle-level" retired institution, who retired at the age of 50, has a working period of 32 years and 7 months. His approved retirement period is June 2018. The monthly average salary in the previous year was 5,660.58 yuan, which is deemed to be paid in 346 months, the actual payment months are 45 months, and the actual average payment index is 0.7312. The personal pension account storage amount is 14,703.19 yuan, the storage amount of occupational annuity is 21,115.84 yuan, the transition coefficient is 1.3%, the counting number of months is 195, the original retirement expense ratio of retirees during the transition period is 0.85, and the basic salary in September 2014 was 926 yuan.
Based on the above data conditions, it can be concluded that: The pension calculated by the old method = (basic wage × calculated ratio + retirement subsidy + capital increase over the years) × wage growth rate = (926×0.85+1330+260) × 1.1409=2712.03 yuan. The pension calculated by the new method = basic pension + personal account pension + transitional pension + occupational annuity = 1751.42 + 75.4 + 1950.2 + 108.29 = 3885.31 yuan. In this way, it is obvious that the pension calculated by the new method is higher than the pension calculated by the old method. According to the "guaranteed height limit" policy, the actual pension should be paid = the pension calculated by the old method + the excess × the payment ratio = 2712.03+ (3885.31-2712.03) × 0.4 = 3182 yuan. If it is a "middle-level person" after the transition period, there is no "guaranteed height limit" policy, and the pension calculated by the new method is the actual pension to be paid.
To sum up, the calculation of pensions for retirement of government agencies and institutions is relatively complicated, especially for transition period "middle people". It must be calculated using both old methods and new methods, and there is also a "guaranteed height limit" policy. Generally speaking, the pension calculated by the new method will be higher than the pension calculated by the old method. In the ten-year transition period, only the "high limit" is at work.
