Ministry of Human Resources and Social Security 20 16 Measures for Wage Increase of Retired Workers

Starting from 201610/65438, the basic pension level will be raised for retirees from enterprises, institutions and institutions who have gone through retirement formalities according to regulations before the end of 20 15, and the overall adjustment level will be 20 15.

Quota adjustment, hook adjustment and appropriate tilt:

This adjustment adopts a combination of quota adjustment, hook adjustment and appropriate inclination. The quota adjustment reflects social equity, and the linked adjustment reflects the incentive mechanism of "more pay for more work, more pay for more work", which can be linked to factors such as payment period and basic pension level, and is appropriately tilted to groups such as senior retirees and enterprise retirees in hard and remote areas.

Give retirees as soon as possible:

According to the deployment of the State Council and the local conditions, all regions will formulate specific implementation plans, which will be organized and implemented after being approved by Ministry of Human Resources and Social Security and the Ministry of Finance, and the adjusted and increased basic pension will be distributed to retirees as soon as possible.