What is the minimum standard of the basic pension for residents of most cities?

Many cities of the residents of the basic pension of the minimum standard should be in more than 1200 yuan, which is the basic protection can make some elderly people to get the basic life, the protection of the money in many places may also have to be higher than this basic amount, so the economic development of the region is not the same, the minimum standard will also be different.

In the nationwide data, there may be places where the most basic pension can be higher than 1,200 yuan, but some places will be lower than 12 million, just some of the more developed cities, Shanghai will be higher than 1,200 yuan. So in Shanghai retired people as long as the social security will be able to receive more than 1,200 yuan, the pension is also a very high kind of treatment, so for many elderly people pension is a kind of protection, to be able to receive such a monthly cost of living is also a very good thing.

It can also be found that the residents to participate in the pension insurance should also be based on their own actual situation to participate in the contributions, when the amount of participation in the contributions is relatively large, and adhere to the contributions of the individual's pension account will be higher. According to each person's contribution level is not the same, so the amount of money will be different, some people will choose to pay more than 5,000 yuan per year, so get the cost will be more, if only 200 yuan per year, such a standard will be lower, in the basic pension on top of the more you can get the retirement treatment, this is the rules of the pension pension benefits.

And every year the standard will be updated, in 2022 the minimum standard is 1100 yuan, and finally every year the level will be adjusted, up 100 yuan, so many areas of economic development is better, the old age pension treatment is also higher. Participating in social security is a very right thing to do, when people will be guaranteed when they are old, so insist on paying social security every year, for the future of their own is also a kind of protection. So different cities have different pension standards, according to the local rules to understand.