According to the official data of Weifang Social Security Bureau, as of February 22, 2023, farmers in Weifang who have reached the age of 60 and paid the old-age insurance for urban and rural residents can receive the basic pension every month 150 yuan.

Pension is an insurance treatment that is paid monthly or in one lump sum in the form of money according to its contribution to the society and its eligibility or retirement conditions after being old or incapacitated.