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What is the social security transfer to be reissued?
Social security adjustment and replacement refers to the adjustment and replacement of social insurance, which is a measure to protect and improve the living standards of retirees. The state will adjust the basic pension level of retirees in enterprises, institutions and institutions (hereinafter referred to as retirees) according to factors such as economic development and price changes every year. The scope, level and mode of adjustment shall be determined by each province, but it shall conform to the unified deployment and requirements of the state.
The time to adjust the basic pension is generally 1 to 1 every year, but the actual payment time may be at the end of July or early August. This means that the basic pension received by retirees in recent months is still in accordance with the original standard and does not reflect the adjusted increase. Therefore, in the first month after the adjustment, the adjustment benefits that were not paid in the previous months need to be reissued to retirees at one time, that is, the social security adjustment to be reissued.
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