Monthly receipt:
Basic pension = (last year, the average monthly salary of employees in the province ×a+ monthly average indexed payment.
Salary) ÷2× payment period (including deemed payment period )×1%;
Personal account pension = personal account storage amount ÷ personal account pension calculation and payment months;
The sum of the above two items is the monthly payment.
Note: The basic pension is adjusted in July every year according to the unified plan announced by the whole province.