17 consecutive pension hikes in 2021! A number of provinces released the arrival time, not certified people will not be able to receive

There may be some people who don't know that China's social security network is the widest, most comprehensive and largest in the world. With a total population of 1.4 billion, China has achieved a participation rate of 95%, and now almost everyone is holding a social security card, which benefits every insured person.

According to the data issued by the Ministry of Human Resources and Social Security, as of March 2021, the participants of China's basic 3 insurances, pension, work injury and unemployment insurance reached 1.007 billion, 267 million and 218 million respectively. the total expenditure of the 3 basic insurances was 1.46 trillion yuan, the income was 1.6 trillion yuan, and there is still a balance of 6.4 trillion yuan, experts said. The current operation of the social security fund pool is generally stable.

And, with the social security closely related to the pension is also in 2021 to realize the 17th rise, this time the rate of increase of 4.5%; although compared to previous years this rate of increase is slightly lower, but we must know that each year, the rise of the pension is based on the previous year's pension base, and then again upward, so the amount of annual pension will only be high will not be low.

Domestic 17 provinces have announced the pension payment time

Now there are 17 provinces and cities such as Beijing, Shanghai, Henan and other provinces and cities have issued a notice of the rise of the pension. 2021 pension adjustment is mainly linked to three ways, way one is a fixed amount of adjustment; way two is the appropriate tilt; way three is the pegged adjustment, the specific adjustment still depends on the policy of each province.

For example, in Fujian Province, each insured person will receive a flat-rate increase of 50 yuan per month; the retroactive payment is expected to be issued to all retirees on July 1; in Hunan Province, a flat-rate increase of 45 yuan per month is expected to be completed by June 30; in Tianjin, a flat-rate increase of 58 yuan per month is expected to be issued by June, together with the pension.

As for the other provinces, has announced the pension increase notice of the basic have issued the corresponding reissuance time, there is no relevant provisions of the provinces may be in the next period of time one after another announced the pension reissuance time.

Why is the increase only 4.5%? The future of the pension also rose?

Before 2021, China's pensions have risen 16 times in a row; from 2005 onwards, the pension increases were all above double-digit, but from 2015 onwards, as the economic growth rate slowed down, the rate of increase in pensions dropped to about 5%. But the first reason for the 4.5% increase in 2021 is that the domestic economy has been affected by the epidemic, and according to authoritative organizations, last year's economic growth rate was only 2.3%; when there is a tightening of the state's finances, so the growth rate of pensions will slow down accordingly.

The second reason is that the state in order to help the survival of small and medium-sized enterprises, specially reduced social security fees, it is reported that in 2020 for small and medium-sized enterprises to reduce social security fees of more than 1.5 trillion yuan. Some experts predict that the pension increase in the next few years or will be around 4.5% up and down, but the rise is inevitable.

However, perhaps some people want to know why the country has to adjust the amount of pensions every year? According to a professor of finance at the Central University of Finance and Economics, for one thing, rising domestic prices drive up pensions. The National Bureau of Statistics released CPI data for May 2021, an increase of 1.3% year-on-year, when prices rise, the purchasing power of money will be reduced accordingly, in order to protect the level of consumption of retired seniors, to make appropriate adjustments to the pension.

Secondly, the current balance of the pension savings pool is relatively sufficient, from the beginning of the operation of the pension fund in 2016, the annual return of 6.8%, totaling 200 billion yuan; in general, the balance of the pension fund is now enough to pay for the pensions of domestic retirees.

Is there a category of people who will "suspend" their pensions?

Pension insurance is indeed a real benefit to people's livelihoods, although the minimum contribution period is 15 years, but the country has always had a policy of "pay more, get more", in other words, the larger the base of the social security payments, the longer the time, the more retirement pensions will be in the hands of the retired. However, recently, some people have found that, to the time of the release of the pension, their social security card but no "movement", this is why?

In fact, in addition to paying 15 years and meet the retirement age, there is a very important reason, is that the annual social security "certification".

But some people have missed the 2021 pension certification time, which leads to the inability to receive pensions. For example, the Ningbo City Department of Human Resources and Social Security recently issued a circular, the city's 1,321 retirees who did not carry out the pension eligibility certification of the suspension of pensions, the implementation date from June 2021 onwards. Of course, there is no pension eligibility certification, in addition to not being able to enjoy the benefits that come to hand every month, even the amount of pension that will be adjusted upward in 2021 will also be suspended together with the retroactive payment.

However, even if you miss the first half of the qualification period, you will be able to receive your pension as usual as long as it is certified during the next qualification period.

In short, the state will not "withhold" the benefits of every retired person, so don't worry too much if you forget to certify. There are a variety of ways to do this, so just choose the one that best suits your situation.