Will pension benefits also increase every year after a flexible worker retires?

Will flexible workers' pension benefits increase every year after retirement?

There are two types of social security for flexibly employed people to choose from, one for urban and rural residents and the other for urban workers. As long as he is enrolled in the employee pension insurance, the probability is that it will increase every year.

The flexible worker status to participate in the employee pension insurance, although the contribution is a bit more than the urban residents' pension insurance, but his basic pension part is also a lot higher than the basic pension part of the residents. In addition, the employee pension insurance contributions are payable every month. So the money stored in the personal account is quite a bit more than the residents' pension insurance.

If you choose the urban and rural residents of social security, then each region is different, urban and rural residents of the pension insurance is a yearly contribution, there are many levels of contributions, according to their own situation can be flexibly selected and paid, there is a certain amount of subsidies. The more you pay, the more you are subsidized.

The annual adjustment of urban and rural residents' pensions is based on the principle of "pay more, get more, pay more", which means that the longer the number of years of contributions, the higher the contribution level, and then the more the annual increase in pensions.

The pension is divided into two parts: the personal account pension and the basic pension. The basic pension is set according to the local income and living standard. The annual adjustment of the basic pension is mainly to follow the fixed amount of adjustment, that is, according to the actual situation of the local adjustment, so the flexible employment of urban and rural residents to participate in the pension insurance can also enjoy the pension treatment year by year growth.