It needs to be decided according to Jiaxing's social wage in the previous year. Generally, the minimum wage cannot be lower than 60%, and the maximum wage cannot be higher than 300%. Moreover, social wages are different every year, and they are increasing year by year. It is recommended to consult the local social security bureau.
Take the old-age insurance as an example: enterprises pay 20% of the old-age insurance expenses and individuals pay 8%.
Therefore, the final payment amount = social salary *60%*28%.
For example: social wage = 50,000 yuan/year, then monthly pension payment = 50,000 yuan/12 * 60% * 28% = 700 yuan.