According to public reports, the Ministry of Human Resources and Social Security and the Ministry of Finance issued the "Notice on Raising the National Minimum Standard of Basic Pension Insurance for Urban and Rural Residents in 2022" on June 16, 2022. According to the provisions of Document No. 36 [2022] issued by the Ministry of Human Resources and Social Security, it was decided that starting from July 1, 2022, the minimum standard of the national basic pension insurance for urban and rural residents will be increased from the original 93 yuan per person per month to 98 yuan per person per month. Yuan, and requires all localities to increase basic pension standards based on local actual conditions, do a good job in raising basic pension standards, and ensure that the increased pensions are paid in full and in a timely manner. That is to say, at this stage, the basic pension standards for urban and rural residents in each province are mainly coordinated by the provincial level, supplemented by national coordination. Each province can appropriately increase the basic pension standards based on the local economic development level and fiscal payment ability. This has also resulted in the phenomenon that the basic pensions of urban and rural residents’ pension insurance are not unified in 31 regions across the country. According to public information, "China Economic Weekly" recently integrated data from the human resources and social security departments of various provinces and released the basic pension standards for urban and rural residents in 31 regions across the country in 2022. The top three regions are Shanghai 1,300 yuan, Beijing is 887 yuan and Tianjin is 307 yuan. The bottom three regions are Yunnan (103 yuan), Hunan (105 yuan) and Sichuan (105 yuan).

If those who participate in the urban and rural residents’ pension insurance pay yearly for 15 years, how much pension can they receive? According to the provisions of Guofa [2014] No. 8 document, those who participate in the urban and rural residents’ pension insurance should pay in accordance with the regulations. Pension insurance premiums. The payment standard is currently set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan, and 2000 yuan per year, and the province (region, city) ) The people's government may add payment levels based on actual circumstances. In principle, the highest payment level shall not exceed the annual payment amount of local flexible employment personnel participating in employee basic pension insurance, and shall be reported to the Ministry of Human Resources and Social Security for filing. Regarding the payment subsidy, for those who choose the lowest level of standard payment, the subsidy standard shall not be less than 30 yuan per person per year; for those who choose a higher level of standard payment, the subsidy amount shall be increased appropriately; for those who choose the standard payment of 500 yuan and above, the subsidy amount shall be increased appropriately. The subsidy standard shall not be less than 60 yuan per person per year, and the specific standards and methods shall be determined by the provincial (regional, municipal) people's government. Regarding those who participate in the urban and rural residents’ pension insurance, when they reach the legal retirement age of 60 years old, they can apply for retirement and receive urban and rural residents’ pension insurance benefits on a monthly basis, which is mainly divided into two parts: The first part is the basic pension of the urban and rural residents’ pension insurance. The standard is mainly set by each region, but it must not be lower than the national minimum standard of basic pension of 98 yuan per person per month. The second part is the personal account pension for urban and rural residents. This part is mainly based on personal contributions, supplemented by payment subsidies. The more you pay, the more you pay over time. According to the document, the monthly calculation and payment standard for personal account pensions is currently The total amount of savings in the personal account is divided by 139 (the same as the current employee basic pension insurance personal account pension calculation coefficient). Assume that an urban and rural resident participates in the urban and rural resident pension insurance with an annual payment of 1,000 yuan. The corresponding payment subsidy is 100 yuan per year, without interest. Then when the urban and rural residents reach the age of 60 and apply for retirement, the monthly personal account pension that urban and rural residents can enjoy is approximately: (100100)×15÷139=119 yuan. In addition to the above, how much basic pension for urban and rural residents the urban and rural residents can receive every month depends on the area where they retire. According to the basic pension standards for urban and rural residents in 31 regions across the country published by China Economic Weekly, the basic pensions for urban and rural residents that the urban and rural residents can receive each month are: If the urban and rural residents retire in Shanghai, they can receive urban and rural residents each month. The basic resident pension is approximately: 130119=1419 yuan. If the urban and rural residents retire in Beijing, they can receive a basic pension for urban and rural residents of about 887+119=1006 yuan per month. If the urban and rural residents retire in Tianjin, they can receive a basic pension for urban and rural residents of about 307+119=426 yuan per month. If the urban and rural residents retire in Tibet, they can receive a basic pension for urban and rural residents of about 215+119=334 yuan per month. If the urban and rural residents retire in Ningxia, they can receive a basic pension for urban and rural residents of about 21119=329 yuan per month. If the urban and rural residents retire in Chongqing, they can receive a basic pension for urban and rural residents of about 20119=319 yuan per month. If the urban and rural residents retire in Hainan, they can receive a basic pension for urban and rural residents of about 199+119=318 yuan per month. If the urban and rural residents retire in Guangdong, they can receive a basic pension for urban and rural residents of about 19119=309 yuan per month. If the urban and rural residents retire in Qinghai, they can receive a basic pension for urban and rural residents of about 19119=309 yuan per month. If the urban and rural residents retire in Jiangsu, they can receive a basic pension for urban and rural residents of about 187+119=306 yuan per month.

If the urban and rural residents retire in Zhejiang, they can receive a basic pension for urban and rural residents of about 18119=299 yuan per month. If the urban and rural residents retire in Shandong, they can receive a basic pension for urban and rural residents of about 16119=279 yuan per month. If the urban and rural residents retire in Xinjiang, they can receive a basic pension for urban and rural residents of about 15119=269 yuan per month. If the urban and rural residents retire in Fujian, they can receive a basic pension for urban and rural residents of about 14119=259 yuan per month. If the urban and rural residents retire in Inner Mongolia, they can receive a basic pension for urban and rural residents of about 14119=259 yuan per month. If the urban and rural residents retire in Guangxi, they can receive a basic pension for urban and rural residents of about 131+119=250 yuan per month. If the urban and rural residents retire in Shaanxi, they can receive a basic pension for urban and rural residents of about 13119=249 yuan per month. If the urban and rural residents retire in Jiangxi, they can receive a basic pension for urban and rural residents of about 123+119=242 yuan per month. If the urban and rural residents retire in Hubei, they can receive a basic pension for urban and rural residents of about 115+119=234 yuan per month. If the urban and rural residents retire in Jilin, Gansu, Henan, Hebei, Shanxi, and Guizhou, they can receive a basic pension for urban and rural residents of about 113+119=232 yuan per month. If the urban and rural residents retire in Anhui, they can receive a basic pension for urban and rural residents of about 11119=229 yuan per month. If the urban and rural residents retire in Liaoning and Heilongjiang, they can receive a basic pension for urban and rural residents of approximately 108+119=227 yuan per month. If the urban and rural residents retire in Sichuan or Hunan, they can receive a basic pension for urban and rural residents of approximately 105+119=224 yuan per month. If the urban and rural residents retire in ancient Yunnan, they can receive a basic pension for urban and rural residents of about 103+119=222 yuan per month. Finally, we need to remind you that if you are over 60 years old when the new rural insurance or urban residential insurance system is implemented, you have not received the basic pension security benefits stipulated by the state before the issuance of the State Council’s opinions on establishing a unified basic pension insurance system for urban and rural residents. , no need to pay. Starting from February 21, 2014, urban and rural residents can receive basic pensions from the pension insurance on a monthly basis.