In Anhui Chuzhou, if the social security base is 14,200, the amount one can receive mainly includes the pension part. The pension consists of the basic pension and the individual account pension. With a relatively high base of 14,200, it is likely to result in a relatively high pension amount, but the specific figure also depends on factors such as the length of payment. Here's a breakdown:
- Basic Pension Calculation: The formula for the basic pension is . The "My indexed average monthly contribution wage" is related to the contribution base. If the contribution base is 14,200, it will increase this value. For example, assume the average monthly wage of on - the - job employees in the province in the previous year is (The average monthly wage of on - the - job employees in the province in the previous year+My indexed average monthly contribution wage)÷×Payment years×1%yuan, and the payment years is xyears. Then the basic pension part y. A higher contribution base like 14,200 can significantly increase the numerator in the formula, thus increasing the basic pension amount when other conditions remain the same.=(x+)÷×y×1%
- Individual Account Pension Calculation: The formula for the individual account pension is . The contribution base of 14,200 means that the amount deposited into the individual account each month will be relatively high. For example, in the case of pension insurance, if the individual contribution rate is 8% (assuming the case of enterprise employees), the monthly deposit into the individual account is The cumulative amount in the individual account÷The number of months for calculationyuan. Over time, the cumulative amount in the individual account will be relatively large. The number of months for calculation is determined by the retirement age (for example, 139 months for 60 - year - old retirees). So the individual account pension ×8%=(taking 60 - year - old retirement as an example). A larger cumulative amount in the individual account due to a high contribution base will lead to a higher individual account pension.=Cumulative amount in the individual account÷
It should be noted that the above calculations are for reference only. The actual amount received is also affected by factors such as changes in local policies, specific payment years, and whether there are additional subsidies or adjustments. To obtain an accurate amount, it is recommended to consult the local social security department.