In Jingzhou, Hubei, if the social security base is 12,300 yuan, the amount of pension received is calculated based on two main parts: the basic pension and the individual account pension.

1. Basic Pension

The formula for calculating the basic pension is ​

In 2024, the monthly standard of the social insurance contribution base in Jingzhou is 6805 yuan. Assuming the contribution years are ​

2. Individual Account Pension

The formula for calculating the individual account pension is ​

The calculation and distribution months are related to the retirement age. For example, if the retirement age is 50 years old, the calculation and distribution months are 195; if it is 55 years old, they are 170; if it is 60 years old, they are 139.

Suppose the monthly contribution to the individual account is ​

The total pension = basic pension + individual account pension. Using the above - mentioned example data, the total pension is approximately ​

It should be noted that the actual amount may be affected by factors such as policy adjustments, interest rates in the individual account, and local social average wage growth. It is recommended to consult the local social security department for the most accurate calculation results.