"Newcomers" who started to work from 1993+ 1 and have accumulated payment years of 15 can receive basic pensions on a monthly basis after retirement. Their basic pension consists of basic pension and personal account pension.

1The "middle-aged" who joined the work before the end of 992 and accumulated the payment years (including deemed payment years) to 15 can receive the basic pension on a monthly basis after retirement. Basic pension consists of basic pension, personal account pension and transitional pension.

Basic pension = (when the insured applies for the basic pension, the average monthly salary of the employees in the whole city in the previous year+the average monthly salary of my own indexation) ÷2×( 1%× payment period)

Among them, my indexed monthly average payment salary = the average monthly salary of employees in the whole city last year when the insured goes through the formalities of applying for basic pension × my monthly average payment salary index (when calculating my monthly average payment salary index, it includes the payment salary index deemed as the payment period).

My monthly average wage index = (z1+z2+...+zm-1+zm+1× n) ÷ n

Z 1, Z2...Zm- 1, Zm is the monthly payment wage index of the insured. The monthly payment wage index is calculated according to the monthly payment wage base of the insured before retirement (1 month, February ... M- 1 month, m month) divided by the corresponding average monthly wage of employees in this city in the previous year (the calculation result is reserved to four decimal places).

Before the end of 20 10, the monthly payment wage index of the insured person is calculated by 1.

N is the number of months that the insured regards as the payment period. The monthly payment wage index, which is regarded as the payment period, is calculated in accordance with 1.

N is the number of months of the insured's accumulated payment period (including the number of months deemed as payment period).

Personal account pension = personal account storage divided by the number of months stipulated by the state.

Transitional pension = the amount of "false account" and its interest divided by 120.

I hope I can help you.