Calculating the pension amount for a social security base of 11,000 in Putian, Fujian, involves multiple factors. Generally, the monthly pension consists of basic pension and individual account pension, and for some employees, there may also be transitional pension. If only considering basic pension and individual account pension, assuming a certain set of common conditions (such as a 30 - year contribution period and retirement at the age of 60), the monthly pension may be around 6,000 - 8,000 yuan, but this is only a rough estimate. Here's a breakdown:
- Basic Pension:
- The formula is .(Local average monthly wage of on - the - job employees in the previous year+Indexed average monthly contribution wage of the individual)÷×Contribution years×1%
- With a social security base of 11,000, it indicates a relatively high contribution level. If the local average monthly wage of on - the - job employees in the previous year is assumed to be 6,000 yuan (for example, and this figure varies in different years), and the contribution period is 30 years. The indexed average monthly contribution wage corresponding to a base of 11,000 is relatively high. Substituting into the formula:
- First, calculate the average of the two wages: yuan.(+)÷=
- Then, calculate the basic pension: yuan. In reality, if the contribution period is longer or the local average wage is higher, the basic pension will be higher.××1%=
- Individual Account Pension:
- The formula is .Total amount in the individual pension account÷Calculation and distribution months corresponding to the retirement age
- With a social security base of 11,000, the individual's monthly contribution to the pension account (assuming an 8% individual contribution rate) is yuan.×8%=
- If the contribution period is 30 years (360 months), the total amount in the individual account (ignoring interest for simplicity) is yuan.×=
- For retirement at the age of 60, the calculation and distribution months are 139 months. So, the individual account pension is approximately yuan. In fact, considering the interest accrued in the individual account over the years, the actual amount will be higher.÷≈
- Transitional Pension:
- For employees who started working before the establishment of the individual account and have a certain number of years of service during that period, there is a transitional pension.
- The formula is .Local average monthly wage of on - the - job employees in the previous year×Average contribution index of the individual×Contribution years before the establishment of the individual account×1.3%
- If an employee started working before 1995 (when the individual account was established in many places) and had, for example, 5 years of service before 1995, with an average contribution index of 1 (assuming), and the local average monthly wage of on - the - job employees in the previous year is 6,000 yuan, the transitional pension is yuan.×××1.3%=
It should be noted that the above calculations are based on certain assumptions, and the actual pension amount is also affected by factors such as changes in local policies, interest rates in the individual account, and the actual situation of social average wages in different years. To obtain an accurate pension amount, it is recommended to consult the local social security department.