Pension calculation and payment base in Hubei Province

In 2023, the pension base in this area is 853 1 yuan.

The calculation base of pension in Hubei province is the result of comprehensive consideration of many factors such as economic development, population structure and social security policy in Hubei province. Therefore, the pension base of Hubei Province in 2023 is 853 1 yuan.

The calculation and distribution base of pension in Hubei Province, also known as pension base, refers to the payment base of endowment insurance and is the base for calculating the proportion of endowment insurance premiums to be paid. The pension base in Hubei province will be adjusted every year, but it will be improved to a certain extent every year.