1. The contents of a personal pension insurance account include three parts: the basic pension insurance premium paid by the individual + the part of the basic pension insurance premium paid by the unit that is credited to the personal account + the interest calculated according to the social security interest rate. Obviously, the new policy will remove the part of basic pension insurance premiums paid by the unit that are credited to personal accounts.

2. Payment ratio: This part is composed of individual payment and unit payment.

(1) Individual contributions are paid based on 8% of the employee’s average monthly salary in the previous year (the minimum amount is 60% of the city’s employees’ wages in the previous year; the maximum amount is 300% of the city’s employees’ wages in the previous year) .

(2) The unit payment is based on 22% of the employee’s average monthly salary in the previous year. The original old policy was that all personal contributions and 3% of the employer's contributions were included in the personal pension account, and 19% of the employer's contributions were transferred to social pooling. However, the new policy also transfers 3% of the employer's payments to social pooling to solve the pension gap. Accounting problem.

3. Pension calculation formula: "Zhongren's" basic pension = basic pension + personal account pension + transitional pension = average monthly salary of employees in the city in the year before retirement × 20% (If the payment period is less than 15 years, the rate is 15%) + Personal account principal and interest sum ÷ 120 + Indexed average monthly paid salary × Payment years before the end of 1997 × 1.4%.

The basic pension for “newcomers” = basic pension + personal account pension. The basic pension is calculated based on 20% of the average monthly salary of employees in the city in the previous year when the individual retires, and the personal account pension is calculated based on the amount saved in the individual's account divided by 120. (Note: Due to objective reasons, the calculation standards in some cities across the country may be different.)

Personal account reduction of 3% capital injection

Through the above formula, the personal account pension The amount will directly affect the amount of monthly pension after retirement.

Due to differences in income levels and degrees of reform across the country, pension calculation standards also vary. This article uses a typical "middle man" in Beijing to calculate.

Assume that Mr. Wang, a Beijing resident who belongs to the "middle man" category, has an average monthly salary of 4,000 yuan and a pension insurance payment period of 10 years. Assume that the average monthly salary in Beijing in 10 years is 3,000 yuan. Then after retirement, he will How much pension can I receive before and after the policy change?

According to the current pension system, the monthly pension Mr. Wang can receive after retirement = 3,000 yuan × 15% + 4,000 yuan × 11% × 12 × 10÷120 = 890 yuan ("indexed Average monthly contribution salary? Years of contribution before the end of 1997 × 1.4%” part is ignored, the same below).

After the size of the personal pension account is adjusted from 11% to 8% of his salary, the monthly pension that Mr. Wang can receive after retirement = 3,000 yuan × 15% + 4,000 yuan × 8% × 12 ×10÷120=770 yuan.