How low is the pension of Hong Guang Food Group?

Hong Guang Food Group has a specific formula for calculating the amount of pension. The pension amount of employees of Hong Guang Food Group shall be paid in accordance with the regulations of local human resources and social security departments and financial departments. According to the relevant public information, as of June 65438+1October 65438+June 2023, the pension, that is, the basic pension, should be one-half of the average monthly salary of employees in the last year in the overall planning area multiplied by one percent of the payment period.