The Ministry of Human Resources and Social Security issued important news about pensions retirees pay attention to

The Ministry of Human Resources and Social Security released important news about pensions, which involves the adjustment and issuance of pensions for retirees and other related matters, which require the attention of retirees.

I, pension adjustment policy

The Ministry of Human Resources and Social Security released important news about pensions, the first concern is the pension adjustment policy. According to the national economic development, price changes and the growth of the average salary of employees and other factors, the Ministry of Human Resources and Social Security will adjust the pension payment standards in order to protect the basic needs of retirees. The implementation of this policy aims to ensure that pension payments are in line with the level of economic and social development and to improve the living standards of retirees.

II. Pension Payment Methods

In addition to the pension adjustment policy, the Ministry of Human Resources and Social Affairs also pays attention to the pension payment methods. In order to distribute pensions more conveniently and quickly, the MOHRS is constantly promoting the electronic and informatization process of pension distribution. Retirees can receive their pensions through bank cards and social security cards, avoiding the cumbersome and inconvenient methods in the traditional way of receiving pensions.

Third, pension qualification certification

In order to ensure the accuracy of pension payment, the Ministry of Human Resources and Social Security also requires retirees to regularly carry out pension qualification certification. Retirees are required to provide relevant supporting documents to prove that they meet the eligibility conditions for receiving a pension according to the prescribed time and requirements. This measure helps prevent fraudulent claims and abuse of pensions, and safeguards the fair and equitable payment of pensions.

Four, retirees need to pay attention and cooperate

For retirees, it is vital to pay attention to important pension news released by the Ministry of Human Resources and Social Security. Retirees need to understand the pension adjustment policy, payment method and qualification certification and other related matters, and actively cooperate with the work of the Ministry of Human Resources and Social Affairs to ensure the smooth receipt of pensions.

Summary: The important pension news released by the Ministry of Human Resources and Social Security involves the pension adjustment policy, payment method and qualification certification and other aspects, which need to be paid attention to by the retirees. Retirees need to understand the relevant policies and regulations, and actively cooperate with the work of the Ministry of Human Resources and Social Security to ensure that pensions are issued in a fair and just manner.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 15 states:

"The basic pension consists of the integrated pension and the individual account pension. The basic pension is determined on the basis of an individual's accumulated years of contributions, contribution salary, the average salary of local employees, the amount of individual accounts, and the average life expectancy of the urban population."

The Social Insurance Law of the People's Republic of China

Article 16 stipulates:

"Individuals who have participated in basic old-age insurance shall receive a basic pension on a monthly basis if they have accumulated fifteen years of contributions by the time they reach the legal retirement age. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council."