The model and method of pension replacement rate calculation

In recent years,As China' s old-age social insurance system,the gradual establishment of basic old-age pension replacement rate of insurance has been growing attention.Based on China' s current basic oldage insurance provisions,proposed and established the pension replacement rate calculation models and methods, and using the actual data were preliminary estimates,the final results from the calculations the following conclusions:First,China' s basic old-age insurance due to the different retirement age for men and women workers led directly to female employees after retirement replacement rate is below replacement rate of male workers;Second,Insurance replacement rate increases with the wage increase will fall,and the higher the income, their post-retirement replacement rate lower.As China' s economy continues to develop,rising wages, the original high replacement rate is low to protect the basic pension insurance,will protect the low replacement rate of the basic old-age insurance replaced.