The monthly standard of basic pension is based on the average monthly salary of employees in the province last year and the average monthly payment salary of myself, and the payment is paid to 1% every1year, which is paid from the social pooling fund account.

The monthly standard of personal account pension is the amount of personal account storage divided by the number of months of personal account calculation; When the payment is insufficient, it will continue to be paid from the social pooling fund account. The number of months is determined according to the average life expectancy of urban population, retirement age and interest when employees retire.

For retirees who have the deemed payment period, or participated in the basic old-age insurance before1997 65438+February 3 1, and meet the requirements of receiving the basic pension on a monthly basis, in addition to the basic pension and personal account pension, transitional pension will be paid on a monthly basis.