Estimate your monthly retirement pension based on contribution base, years of service, personal account balance, and more. Adapts to the 2025 delayed retirement policy with built-in provincial payout base data.
The social security retirement pension (养老金) is the core benefit of China's basic pension insurance system. It consists of three parts: basic pension (基础养老金), personal account pension (个人账户养老金), and transitional pension (过渡性养老金). Insured persons who reach the statutory retirement age and have accumulated at least 15 years of contributions can receive a monthly pension. The amount depends on contribution base, contribution years, personal account balance, retirement age, and the provincial payout base.
Starting January 1, 2025, China implements a progressive delayed retirement policy:
This calculator supports manual selection of retirement age (50/55/58/60/63) or auto-calculation based on date of birth.
1. Basic Pension (基础养老金):
Basic Pension = (Provincial Payout Base + Indexed Monthly Average Wage) / 2 × Contribution Years × 1%
Where: Indexed Monthly Average Wage = Payout Base × Contribution Index; Contribution Index = Contribution Base / Payout Base
2. Personal Account Pension (个人账户养老金):
Personal Account Pension = Account Balance / Payout Months
Payout months correspond to retirement age: 50=195 months, 55=170 months, 58=152 months, 60=139 months, 63=117 months
3. Transitional Pension (过渡性养老金):
Transitional Pension = Payout Base × Deemed Contribution Years × 1.3% × Transition Coefficient (1.0)
Only calculated when deemed contribution years exist (continuous service before pension reform)
Payout months is a parameter determined by the government based on average life expectancy, retirement age, and fund investment returns. It is used to calculate the personal account pension. The later you retire, the fewer the payout months, resulting in a higher monthly personal account pension. For example, retiring at 60 gives 139 payout months, while retiring at 63 gives only 117 months. This is designed to incentivize later retirement.
Deemed contribution years refer to continuous service years before the personal contribution system was implemented, which are treated as contribution years by policy. Enterprise pension reform timing varies by region (generally 1992-1996). Employees who started working before the reform have deemed contribution years and are eligible for transitional pension. If you started working after the reform, enter 0 for deemed years.
Starting January 1, 2025, the statutory retirement age for male workers gradually increases from 60 to 63 (1 month delay every 4 months); female cadres from 55 to 58; female workers from 50 to 55. The transition period is 15 years, completing by 2040. This calculator supports auto-calculating the applicable retirement age based on date of birth, or manual selection.
Monthly Pension = Basic Pension + Personal Account Pension + Transitional Pension. Basic Pension = (Payout Base + Indexed Average Wage) / 2 × Years × 1%; Personal Account Pension = Account Balance / Payout Months; Transitional Pension = Payout Base × Deemed Years × 1.3% (only for pre-reform service years). The sum of all three is the monthly pension.
Payout months is a government-defined parameter for calculating personal account pension, tied to retirement age: 50=195 months, 55=170 months, 58=152 months, 60=139 months, 63=117 months. Later retirement means fewer payout months and higher monthly personal account pension, reflecting the "contribute more, retire later, receive more" incentive.
Transitional pension is for "mid-generation" workers who started working before the pension reform and retire after it. Continuous service years before the personal contribution system are treated as deemed contribution years, generating transitional pension. If you started working after the reform (generally after 1992-1996), you have no deemed years and transitional pension is 0. Enter 0 for deemed years in this calculator.
This calculator uses the national unified formula; results are estimates for reference. Actual pension is also affected by annual pension adjustments, local subsidies, and contribution index fluctuations, and is ultimately determined by the local social security bureau. Payout base is updated annually and varies by province. This tool includes recent data for representative provinces (Beijing, Shanghai, Guangdong, etc.) and supports custom input. All data is processed 100% locally.