Guangdong pension recalculation to make up the difference when issued

When will Guangdong's pension recalculation make-up be released

The exact release time of Guangdong's pension recalculation make-up depends on the specific work arrangement and progress of each city and county. According to the Notice on the Adjustment of Retirees' Basic Pension in 2023 issued by the Guangdong Provincial Department of Human Resources and Social Security, cities and counties should complete the adjustment of entitlements before May 31, 2023 as required, and ensure that the increased pensions are paid out to the retirees. Therefore, Guangdong's pension recalculation make-up should be issued one after another in the period after May 31, 2023.

The timing of Guangdong's pension recalculation payout will usually be in July to August each year, when the adjustment plan is announced and the amount of the payout is determined. Subsequently, between September and October, social security agencies at all levels will carry out pension recalculation and check with retirees to confirm the amount of compensation. Once the verification is correct, the supplemental amount will be paid to the retiree's pension account from November to December. However, it is important to note that the exact timing of the payment may vary slightly depending on the actual work schedule of each location.

In order to ensure the accurate payment of the supplemental amount, retirees need to cooperate with the social security agencies and provide the necessary personal information and supporting documents in a timely manner. At the same time, social security agencies will also release relevant information through official websites and announcements, so retirees can follow these channels to get the latest payment progress and notifications.

In summary:

The exact timing of the Guangdong pension recalculation and compensation varies depending on the work progress and schedule of each city and county, but it is expected to be issued one after another in the period after May 31, 2023, according to the notice of the Guangdong Provincial Department of Human Resources and Social Security. Retirees should pay attention to the notices from their local human resources and social security bureaus or social security agencies to keep abreast of the specific distribution schedule and related requirements.

Legal basis:

Article 35 of the Social Insurance Law of the People's Republic of China*** and the People's Republic of China stipulates, "The state shall raise the level of basic pension insurance benefits in a timely manner in accordance with economic development, the improvement of people's living standards and the growth of employees' wage levels." Therefore, the issuance of pension recalculation supplement in Guangdong is in accordance with the law, and the time and standard of issuance in each city and county should be implemented in accordance with the provisions of the State and Guangdong Province.