What are the chances of miscalculating retirement wages?

The probability of incorrect calculation of retirement wages depends on many factors, including the accuracy of the system for calculating retirement wages, the professional level of the personnel in charge of calculation and the accuracy of relevant information records. In general, if the correct procedures and formulas are followed, the possibility of calculation errors is relatively low. However, human error, system failure or information transmission error may still lead to calculation errors.

To ensure the accuracy of retirement wage calculation, the following points may be helpful:

1.** Clear calculation rules * *: Ensure that the calculation rules of retirement wages are clear and updated at any time to comply with the latest laws and regulations.

2.** Detailed records * *: Keep important information such as working years, salary history and social insurance payment records complete and accurate.

3.** Automation system * *: Using automation system for calculation can reduce human error.

4.** Audit mechanism * *: Establish an effective audit mechanism to ensure the correctness of the calculation results.

5.** Update personal information in time * *: Individuals should update their personal information related to retirement salary calculation in time.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 15 of the full text of People's Republic of China (PRC) Social Insurance Law consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.