Pensions, some people regard it as a guarantee of old age, and some people think it is a Ponzi scheme.
I do not recognize these two views.
The rules of the game for pensions are simple.
Based on your average salary for the previous year, you pay 8% each month and the company pays 12%.
As long as the accumulated 15 years have passed and the legal retirement age is reached, you can adopt the pension.
Like medical insurance, pensions are also divided into personal account pensions and basic pensions.
Let me talk about personal account pension.
In fact, the 8% we paid for ourselves were placed in an account and issued monthly after retirement.
Assume that Lao Liu has a monthly salary of 5,000 yuan. He started working at the age of 25 and retired at the age of 60. The middle salary has not changed.
By the time he retired, he had paid a total of 168,000 yuan.
As soon as the government calculates it, it is found that after retiring at the age of 60, it will live an average of 139 months.
Just use the money in the old Liu account, divided by 139, then the personal pension that he can receive every month is 1208.63 yuan.
Wait, if Lao Liu is unlucky, he will not be retired for two months.
It doesn't matter, the money that has not been paid out in the account can be taken away by the heir at one time.
If Lao Liu is still alive for 139 months?
Don't worry, this money will go on.
Let me talk about the basic pension.
Basic pension = (the average monthly salary of the employees in the previous year when I retire in the province + my monthly average payment of the index) / 2 × payment period × 1%
The formula is quite complicated, I directly focus on:
Pensions are directly linked to the level of wages in your retirement location. If you have paid social security in a developed city, try to retire locally;
The higher your salary, the longer the payment period, the more pensions you have;
Pensions have the nature of “robbing the rich and helping the poor”, and it is not cost-effective to pay a particularly high pension.
Let's take a very common example.
A person with a monthly salary of 5,000, from 25 years old to 60 years old, if his income is similar to the local average salary.
Regardless of the impact of rising wages and inflation, the basic pension he can receive at retirement is 1750 yuan.
Together with the personal pension of 1208.63 yuan, he can get close to 3,000 yuan.
To sum up, if your income is similar to the local average salary, pay 35 years of pension, you can get 55% - 65% of the in-service salary.
Our ancestors and fathers did enjoy the benefits of pensions.
My grandfather started working in 1958, and his salary in retirement in 1999 was only 600 yuan.
Last month, he received a pension of 3014 yuan.
Many people say how much money can be saved if I don't pay the pension.
Not to mention whether you can do it yourself or not.
Most people's lives are hard and busy. Today, children have to make up classes, and the elderly will see a doctor tomorrow.
Any small matter will delay your plan to save money and support your old age.
Even if you have a lot of perseverance, you really save yourself a monthly sum of money. Can your money outperform inflation?
Pensions, in the past, are a very important source of income for elderly people who are unable to afford money or have financial skills.
However, those who retire after 2022 may not have such good luck.
The essence of pensions is to use the old-age pensions paid by young people to pay pensions for the elderly.
China’s demographic dividend has quickly disappeared and aging has arrived.
It is estimated that by 2050, one out of every three people will be an elderly person over 60 years old.
The speed of paying money is obviously not keeping up with the speed of spending money.
Will the pension collapse?
My opinion is that there is no big probability. After all, there are too many people involved, but the shrinking of the treatment is inevitable.
Two methods: delay retirement and reduce the amount of pension payments.
The Ministry of Human Resources and Social Security has already said that the delay in retirement will be implemented as early as 2022.
Then, female workers born after 1972, female cadres born after 1967, and male workers born after 1962 are all affected.
Delaying retirement is not just as simple as a parent’s two-year class.
Not only do you pay more for social security, you don’t have a few years of retirement, but you will also disrupt some of your original life plans.
My friend is complaining because his mother may delay retirement and it will take a few years to have a baby.
From 2005 to 2015, pensions rose by more than 10% per year.
By 2016, the gains fell by 6.5%.
This year's pension increase is only 5.5%.
Under the continued deficit, the future will not rise, I am afraid it is a problem.
Under the premise of inflation, pensions do not rise, which is a reduction in disguise.
The more you grow up, the more you understand how small your personal strength is in the face of the times.
Perhaps, one day in the future, the material is extremely rich, and we no longer need to worry about pensions.
But it is too dangerous to pin your hopes on an unpredictable future.
As winter is approaching, I have to prepare for the old age.
How can you make your five insurances and one gold payment? You can go to the WeChat public account: the financial notes, reply to the "social security" view.