Average annual payment standard of future pension

With regard to the average payment standard of future pensions, the specific payment standard may be different due to factors such as regions and policies.

You can refer to the individual payment standard of basic old-age insurance for urban and rural residents in 2023. At present, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan, 2,000 yuan, 3,000 yuan, 4,000 yuan, 5,000 yuan, 6,000 yuan and 65,438 yuan per person per year are set. This standard can be adjusted according to the future social and economic development.

Personal pension card processing process:

1. Apply for a personal pension card: you can apply for a personal pension card at your social security agency;

2. Identity authentication: Identity authentication requires an ID card, household registration book or other valid identification materials;

3. Pay social security fees: pay social security fees at the social security agency, and bind the personal pension card to the personal social security account after payment;

4. Bank account opening: handle personal savings accounts at banks such as China People's Bank, China Bank, China Construction Bank and China Agricultural Bank;

5. Bank card activation: After getting the personal pension card, you need to go to the bank to activate the card and set your personal password and withdrawal password;

6. Receive a pension: Before receiving a pension, you need to bind the personal pension card with the online personal social security account. When the pension payment date is up, you can go to the designated bank ATM or counter to receive the pension.

To sum up, the personal pension card is a part of the pension insurance system, and the specific use and management methods may be different due to different regions and policies. When using the pension card, you need to read the relevant agreements and policies carefully in order to better understand your rights and obligations.

Legal basis:

Article 10 of People's Republic of China (PRC) Social Insurance Law

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 11

The basic old-age insurance combines social pooling with individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 15

The basic pension 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.