20 17 when will the pension of public institutions be adjusted? How is the pension paid?

1.20 17 1 onwards, the pension of retirees in public institutions increased by 277 yuan per month, the largest in the past years.

2. The adjusted monthly per capita pension will be raised from the current 2,773 yuan to 3,050 yuan, breaking through the 3,000 yuan mark for the first time.

3, the old workers who participated in the revolutionary work before the founding of the People's Republic of China, the special groups who participated in the revolutionary work before the founding of the People's Republic of China, at least increase the 570 yuan.

4. After reaching the retirement age, the social security agency will handle the retirement formalities and issue them to the bank card on a monthly basis.

Extended data

According to the State Council's "Decision on the Reform of Endowment Insurance System for Staff in Government Offices and Institutions" (Guo Fa [2015] No.2) and the provisions of Ministry of Human Resources and Social Security and the Ministry of Finance, at present, the calculation methods of basic pensions for staff in government offices and institutions are as follows:

Basic pension = basic pension+transitional pension+personal account pension.

1, basic pension = the average monthly salary of employees in the whole province in the previous year at the time of retirement ×( 1+ my average payment wage index) ÷2× payment period × 1%.

Among them, my average payment wage index = (deemed payment index × deemed payment period+actual average payment index × actual payment period) ÷ payment period.

2 personal account pension = personal account accumulation of my basic old-age insurance at retirement.

Pensions in China are mainly divided into two categories: retirement pensions for employees in government institutions and retirement pensions for employees in enterprises. These two systems are generally called "dual-track system" by public opinion. There is a huge difference in treatment between the two, which is a discriminatory system that has lasted for 20 years in China. There are three differences:

First, the overall planning methods are different. The employees of enterprises are paid by the unit and the employees themselves according to certain standards, and the institutions and institutions are funded by the government;

Second, the payment channels are different, that is, employees of enterprises are paid by self-raised accounts, and institutions are paid by finance;

Third, the standard of enjoyment is different, that is, the pension standard of government agencies and institutions is much higher than that of enterprise retirees, with a gap of about 300%~500%.

Because the old-age security systems of enterprises and institutions are different, there is a big difference in treatment between them, which has aroused the dissatisfaction of the masses, and the voice of narrowing the gap and unifying the system is growing.

Individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis if they have paid 15 years when they reach the statutory retirement age. In other words, employees participating in endowment insurance must meet two conditions to receive pension:

First, reach the statutory retirement age;

Second, the accumulated endowment insurance premium has reached 15 years.

According to the relevant regulations, the legal retirement age of employees in Chinese enterprises is: 60 years for men, 50 years for women employees and 55 years for women cadres.

Engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health (hereinafter referred to as special jobs), the retirement age is 55 years old for men and 45 years old for women; Disabled due to illness or non-work-related, the retirement age is 55 years old for men and 45 years old for women, which is certified by the hospital and confirmed by the labor appraisal committee.

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