Lishu County enterprise retiree query situation opening query social security salary is how much

Basic Pension = (average monthly salary of on-the-job workers in the previous year in the province × a + my indexed average monthly contribution salary) ÷ 2 × years of contribution (including deemed years of contribution) × 1%;

Individual Account Pension = Individual Account Savings ÷ Months of Individual Account Pension;

The sum of the above two items is the amount of the monthly payment.

Note: The basic pension is subject to annual adjustment in July every year according to the program announced by the province.