Even if the worker has a long working life, assuming 40 years of service, 10 years of deemed contribution, a pension insurance contribution index of 1, a balance of 100,000 yuan in his personal account, and a local average social wage of 8,000 yuan for the previous year, the pension he receives will consist of a basic pension, a personal account pension and a transitional pension.
The basic pension is equal to 8,000*40*1%=3,200 yuan, the personal account pension is equal to 100,000/139=720 yuan, and the transitional pension is equal to 8,000*1.3%*10=1,040 yuan, which adds up to 4,960 yuan.
The above is still calculated according to the higher standard, like the general enterprise workers are difficult to reach such a high number of years and level of pension insurance contributions. Therefore, it is difficult to get a pension of 6,000 yuan after retirement by paying 500 yuan a month for pension insurance.