In Wuhan and provincial provinces, the monthly standard of social insurance payment base is 6795 yuan, the upper limit of individual payment base is 20385 yuan, and the lower limit of individual payment base is 4077 yuan; In 2022, the highest standard of social security payment base in Hubei Province is 20,385 yuan, and the lowest is 3,270 yuan. Relatively speaking, the payment standard and monthly payment amount of the insured in Wuhan and the province are relatively high. Under the same conditions, the retirement pension of people directly insured in Wuhan and the province is much higher than that of people insured in other areas. After the announcement of the new social security payment base, the social security payment standard for flexible employees will also be adjusted accordingly. Take the provincial insured as an example: the adjusted annual contribution of endowment insurance is between 9785 yuan and 48924 yuan. Compared with 202 1, it increased by 808.8 yuan to 4046.4 yuan.

What are the conditions and standards for receiving a pension?

1, and the pension standard is the sum of basic pension and personal account pension.

2. The standard of basic pension is based on the average monthly salary of local employees and the average monthly salary of insured persons in the previous year.

3. After paying the premium, you can receive 65,438+0% basic pension every 65,438+0 years. The monthly standard of personal account pension is the cumulative balance of personal account divided by the number of months of pension calculation.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.