How much is the pension for 70 to 74 years old?

Pensions for 70-74-year-olds are for the elderly in most provinces, and they can receive 2,500 to 3,000 yuan per month.

The amount of 70-74-year-old pension depends on many factors, including insurance, region, individual payment history and so on. Below I will explain these factors in detail and provide you with some.

First of all, according to China's social security policy, the amount of pension is calculated according to the payment base, the payment period, the average salary of local employees and the balance of personal accounts. For people aged 70 to 74, if they have retired and received a pension, the amount of pension they can get each month is the balance of their personal account divided by the corresponding number of months of pension calculation.

Among them, the number of months of pension payment is determined according to the individual's age and gender. For example, women aged 70-74 have a monthly pension of 90 months, while men in the same age group have 85 months. This is because women's average life expectancy is longer, so their pension calculation months are longer.

In addition to the number of months of pension calculation, the amount of pension is also affected by the balance of personal account. The balance of personal account includes the endowment insurance premium and interest income paid by individuals. If the personal account balance is large, then the amount of pension you can get every month will increase accordingly.

In addition, the amount of pensions in different regions will be different. This is because the level of economic development and the average wage of employees in different regions are different, so the amount of pensions in different regions will be different.

According to the national policy, the pension is adjusted every year to adapt to changes in factors such as rising prices and economic development. The specific scope and method of adjustment shall be formulated by the national human resources and social security department.

The funds in personal accounts can be used to pay social insurance expenses such as medical treatment, work injury and maternity, and can also be used to buy financial products such as national debt. Personal account funds can be queried and managed through social security cards and other channels.

Pensions can be collected through banks, Alipay, WeChat and other channels, or directly through social security cards. The specific payment method can be selected when handling retirement procedures.

In short, how much old people aged 70 to 74 can get a monthly pension depends on many factors, including insurance, region, personal payment history and so on.

If you want to know your specific pension amount, you can consult the local social security department or log on to the local social security website. At the same time, it is also recommended that you pay attention to the changes in pension adjustment policies and personal account management methods in order to know your pension situation in time.