The Influence of Pension Integration on Civil Servants

The influence of pension merging on civil servants;

1. Changes in pension calculation method. After the integration of pensions, the retirement benefits of civil servants are no longer entirely based on job level and length of service, but are directly linked to individual payment years and payment amount. This means that civil servants with long payment years and high payment base will enjoy higher pensions.

2. Gradual transition policy. For those who joined the work before the reform and retired after the reform (that is, "middle people"), a gradual transition policy will be implemented to ensure that their treatment level will not be reduced.

3. Establish an occupational annuity system. On the basis of basic old-age insurance, civil servants also need to pay occupational annuities, which is helpful to build a multi-level old-age insurance system and optimize the retirement treatment structure.

4. The role of individual social security accounts has been strengthened. Personal contributions of civil servants become legal assets, which can be collected at one time or passed on to their children after retirement.

5. Impact on serving civil servants. For in-service civil servants, the integration of pensions means the need to start paying pensions, which may affect the actual income.