China people's pension standard:
For middle-aged people in enterprises, pension consists of three parts: basic pension, personal account pension and transitional pension. Basic pension and personal account pension are unified nationwide.
1. The calculation standard of basic pension is: basic pension = (average monthly salary of employees in the whole province in the previous year+average monthly payment salary of myself) ÷2× total payment period ×1%;
2. The calculation standard of personal account pension is: the total amount of principal and interest paid by personal account over the years; The number of months of pension payment, in which the number of months of pension payment shall be uniformly stipulated by the relevant departments according to the average life expectancy and retirement age of urban population when employees retire.
3. Calculation standard of transitional pension: the average salary of the previous year x is the calculation coefficient of the payment period before the middle-aged person's time is determined, and the calculation coefficient is calculated by all localities according to the time when the middle-aged person is determined, and the value range is 1% to 1.4%.