Calculation of old-age pension, or Counting your pension yourself

Basic concepts in the calculation of pensions

The old-age pension is calculated in accordance with Law No. 173-FZ, passed by the State Duma in December 2001. The law defines the basic concepts of the accrued pension, such as length of service, which is an insurance pension. It is defined as the period in which a person paid contributions to the pension fund . Proceeding from this amount of the calculated pension capital, then by calculation the procedure for calculating the old-age pension is established.

The terms and age of the calculation of pensions, which is included in the calculation formula

The amount of the pension is dependent on the funded part and the insurance one. The insurance part is all the time of work, confirmed by entries in the work book of the future pensioner. The law takes into account the length of service in Russia and abroad. The procedure for determining this length of service is specified in the law (art. 10, para. 2). Article 11 lists other periods of work that can be included in the length of service.

The calculation of the old-age pension is based on the basic part of pension savings (it is set by the Government of the Russian Federation and in 2012 it is BC = 3170 rubles). If the family has dependents, the CU will be more (depending on the number of dependents, the amount increases). The base part is changed together with a certain place of work (Far North, harmful production, etc.), this is reflected in the Law, in Article 14. Remember that applying for a pension is necessary in advance, two to three months before the age specified by law.

Formula of the insurance part

The formula of the insurance part is MF (which is obtained by calculation) = PK / T. It is the basis for calculating the old-age pension. PC - this is a certain amount of pension capital, which is calculated as of the day in which a person applies for the calculation of a labor pension. In the formula, the letter T denotes the period during which it is intended to pay a pension, this is a fixed number of 216 months. PC is the number obtained during calculations.

Estimated period

The most difficult thing is to correctly determine the amount of pension capital when you make your own calculation of the old-age pension. The formula for calculating pension capital is defined in Article 30 of the Law and is defined as: PK = (RP - BCH) x T. In this formula, the RP is calculated in the following way: RP = CK x RR / LR x SZP.

SK indicator of the trainee coefficient, it is calculated and depends on how many years of experience the person has. Experience of twenty / twenty-five years is a factor of 0.55. Each next year of work adds to the UK a figure of 0.01, but the overall SC score can not be greater than 0.75. Have an experience of at least 50 years, a coefficient of 0.75 is the ceiling.

ZR is the salary of an employee for 60 months, taken from the period when the employee was paid wages, which he confirms with a certificate from the place of work issued in the accounting department. 60 months are taken for any period of work, regardless of whether or not there was a break in the length of service. ZP is an indicator of the average salary in Russia for the same period, this figure can be obtained from the Pension Fund. In case of refusal, write a written application with a request to inform you of this figure.

FFP are the data set by the Government on the average salary in the III quarter of 2001, expressed in a fixed amount of 1671 rubles. This figure was set by the Government of the Russian Federation to calculate the pension, since the publication of the Law it has not changed. Therefore, you need to calculate the length of your work experience, multiply it by the amount that will be obtained after dividing the average salary of a pensioner (divide your salary by sixty months) by the average salary in Russia, then multiply that by 1671 rubles.

We receive the FP (called the old age pension), we put this number in the formula PK = (RP - BCH) x T, where all the figures are already known. We receive pension capital. We calculate the insurance (see the formula above). We connect it with the base part, we get a pension.

Read and calculate

The calculation includes the funded part, but not for everyone. It depends on the year of birth and is determined by the Law. Thus, when calculating the old-age pension, one must understand the principle of calculation, understand the formulas, and then count. If you still get confused in the numbers, get the Law and read everything from the beginning, with the help of the article and the Law you will certainly understand and count everything yourself.