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Hunan pension formula in 2022
Base pension divided by 2. According to the information of Hunan social security network, the base pension is equal to (the average monthly salary of the local on-job workers in the previous year when the insured person retired plus the indexed average monthly salary of the insured person) divided by 2 multiplied by the number of years of contribution multiplied by one percent, in which the indexed average monthly salary of the insured person is equal to the average monthly salary of the local on-job workers in the previous year when the insured person retired multiplied by the average monthly salary of the insured person. Contributory wage index (the calculation of my average monthly contributory wage index includes the contributory wage index of the deemed contributory years).
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