2019 Retirement Pension Adjustment Latest News Pension Insurance how to "merge" the direction of clear

The planned economy, China's enterprises are basically state-owned, enterprise workers are "unit people", in the work of the wages, retirement pension, completely by the unit responsible for. The reform of state-owned enterprises that began in the mid-1980s impacted the traditional labor insurance system. In order to balance the burden of retirement costs on different enterprises, Guangdong and other places began to experiment with social coordination of retirement costs. With the deepening of the reform of the labor system and the wage and benefit system in enterprises, in 1991 the State Council promulgated the Decision on the Reform of the Pension Insurance System for Enterprise Employees, stipulating that social pension insurance costs should be borne by the State, enterprises and individuals on a tripartite*** basis, and that social co-ordination should be implemented. The large-scale coverage of enterprises by the integrated pension insurance system began in the mid- to late 1990s. At that time, China's state-owned enterprises were generally experiencing operational difficulties, and many were unable to pay their pensions. Some enterprises used unsold products to offset their pensions, while others simply refused to provide retirement benefits. Against this background, the basic pension insurance system for urban enterprise workers accelerated the expansion of its coverage, and put forward the task of "ensuring that pensions are paid in full and on time" as the goal, to solve the most prominent contradiction of the "failure to receive pensions" of employees. Enterprise workers' pensions have moved from "unit security" to "social security". At this stage, the institutional pension insurance system has also been studied and explored, but the reform process is relatively lagging behind, and the unit retirement pension system is still in place. The reform is not synchronized, the two systems in the financing, treatment adjustment and management are different, the formation of the so-called pension "dual-track system". Hu Xiaoyi believes that the "unit security" model is actually the enterprise self-protection, with narrow coverage, small fund size, poor **** economy, and difficult to adapt to the needs of enterprise competition and free movement of labor. Through the social security reform, the introduction of social insurance mechanism, realized from the enterprise self-protection to the social *** relief system change, so that the responsibility for social security from the enterprise self-responsibility to the state, enterprises and individuals tripartite **** share, is conducive to balancing the burden on the enterprise, to promote fair competition and the establishment of a modern enterprise system to meet the requirements of the market economy. Pension "dual-track system", is one of the causes of the gap between the pension treatment of enterprises and institutions, has caused widespread concern in all walks of life. However, Hu Xiaoyi believes that the comparison of treatment level can not be simplified, to make a comprehensive, specific and objective analysis. First, the treatment calculation method and adjustment mechanism is different. The basic pension of enterprise retirees is linked to the contribution salary, contribution period and the average salary of local workers in the past years, and some workers have low contribution salary and short contribution period, and the pension after retirement is also low. The basic retirement contributions of institutions and organizations are based on the basic salary before retirement, and their occupational characteristics determine that this is usually the highest salary level of their career. Adjustment of enterprise basic pension, comprehensive consideration of economic development, price increases, employee wage level growth, pension insurance fund affordability and other factors, the number of adjustments but the range is small; institutions currently adjusting the basic retirement fee and retirement living allowance is synchronized with the adjustment of wages or allowances for the active staff, the frequency is low but fluctuations are large. Second, there are various calibers of treatment comparison. The overall level of comparison of enterprise retirees is lower than that of institutions. Specific analysis: the basic pensions of enterprise retirees are all entitlements under the national unified system; in addition, some enterprises also issue extra-integrated project entitlements and enterprise annuities; the basic retirement payments for institutions are under the national unified system, and their level is roughly equivalent to that of similar personnel in enterprises, while the retirement living allowance accounts for a disproportionately large portion of the total entitlements of retired personnel, and there is a large disparity between regions and between units. This needs to be considered in conjunction with the reform of the wage system, so as to rationalize the structure of wages and retirement benefits. Third, the personnel structure is different. Institutions retirees in high education, high title of the personnel ratio is significant, in the service of the average salary income is higher, the working life is also longer than the average number of years of contributions of the general staff of enterprises, so its overall average level of treatment than the average level of the basic pension of the enterprise retirees is normal; the key is that the gap should be appropriate, the gap is too large, especially between the same type of personnel treatment difference is too large, we should find a way to Adjustment. Hu Xiaoyi said, at present, the state has taken a variety of measures to actively promote the pension "dual-track system" caused by the unreasonable gap in the solution. First, starting from 2005, the basic pension level of enterprise retirees has been raised for nine consecutive years. In the process of adjusting benefits over the past few years, a tilt has been given to retired senior technicians with senior titles, who have reflected the large differences in their pensions. At the same time, appropriate care has been given to senior retirees who retired early and whose pensions were on the low side, and a certain mechanism has been developed. Second, the State Council has been promoting the pilot reform of the pension insurance system for institutions; in 2008, the State Council identified five provinces and municipalities, including Shanxi and Zhejiang, to carry out pilot reforms of the pension insurance system for institutions. However, the reform of the pension insurance system for institutions is closely linked to the reform of the personnel system, wage system and financial system for the classification of institutions, and needs to be synchronized. Third, the development of supplementary pension insurance systems such as enterprise annuities and occupational annuities should be accelerated to further improve the living standards of workers after retirement. Hu Xiaoyi said that the ultimate unification of the system, or "parallel track", the general direction is clear. The actual promotion, to consider two aspects of the situation: on the one hand, the institutions of the current retirement pension system has been in place for more than 60 years, from past experience, this kind of "old system" to carry out a thorough reform, must be gradual and orderly, in order to achieve a smooth transition of the system, to reduce social shock. On the other hand, the pension insurance system for urban workers also needs to continue to be reformed and improved. Therefore, the so-called "parallel track" is not simply to "merge" the retirement system of institutions into the enterprise pension insurance system, but to reform and promote in a **** the same direction, and ultimately abolish the "two-track system ". This requires a good top-level design. If there is a lack of thorough consideration and haste, it may result in new contradictions and problems. The Ministry of Human Resources and Social Security is urgently studying the top-level design of the pension insurance program, will be in due course to widely consult the views of all sectors of society, the program is mature, the various reform initiatives involved will be gradually implemented.

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