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How much is the basic pension of Xiantao?

Legal subjectivity:

The basic pension, also known as social pension, is an important part of the basic pension for retirees. How much is the basic pension can refer to the provisions of the new planning and development office. The average value of the sum of the average monthly salary of employees in the previous year and the average monthly salary of employees when they retire (that is, half of the sum of the two figures) is the planned development base, and the payment is made to 1% every1year (including the deemed payment period, calculated to the month). In the month when the personnel and labor department approves the retirement of the insured, the employer shall carry files (including retirement certificate, endowment insurance manual, bank passbook account number for receiving retirement fee, etc.). With the approval of the personnel and labor departments, they go to their business departments, fill in the application form for pension insurance benefits and the pension increase and decrease form for retirees, and go through the formalities of reducing the number of on-the-job employees, increasing the number of retired employees and issuing retirement benefits. The Social Security Bureau will directly allocate pensions to retirees through banks next month.