What is the per capita employee pension? And what is the per capita resident pension?

What is the per capita employee pension? How much is the per capita residents' pension? The answer came

China's pension treatment is divided into two kinds, one is the basic pension for urban workers, one is the basic pension for urban and rural residents, although they are all basic pensions, but due to the use of two completely different payment methods and pension calculation program, the gap between the pensions is still very large.

Since the Ministry of Human Resources and Social Security (MOHRSS) does not list the per capita pension data when it publishes data on basic pension insurance and pensions. Therefore, it is not feasible to find the level of per capita pensions from the publicly available data from the MOHRSS. Although accurate per capita pension data is hard to come by, we can roughly extrapolate the level of per capita pension benefits from other data made public by the Ministry of Human Resources and Social Security.

According to relevant data from the 2021 National Economic and Social Development Statistics Bulletin, the number of people participating in basic pension insurance for urban workers nationwide at the end of 2021 was 480.75 million, an increase of 24.54 million from the end of the previous year. The number of people participating in basic pension insurance for urban and rural residents was 547.97 million, an increase of 5.54 million. However, the data does not have the relevant social security fund expenditures to derive the per capita pension insurance benefits. The data that the Ministry of Human Resources and Social Security has made public, or the 2020 annual statistical bulletin on the development of human resources and social security undertakings, according to which there were 127.62 million urban employee retirees and the fund's expenditure was 513.01 billion yuan, and according to these two data, it was concluded that the average per capita pension insurance treatment for retirees was 3,350 yuan, and the number of urban and rural residents' old-age pension retirees who actually received treatment was 160.68 million people, and the fund's expenditure was 335.5 billion yuan, per capita residents' pension insurance treatment is 174 yuan.

Per capita pension insurance treatment and per capita pension treatment is not the same thing, because the insurance treatment includes other treatments paid from the pension fund, such as funeral expenses and one-time pension after the death of the employee, which has a relatively large impact on the per capita pension treatment of employees. At the same time, due to the residents of the pension insurance participants, most provinces and cities do not have the corresponding funeral and pension treatment, if you ignore the other incidental expenses, the monthly per capita pension level of 174 yuan of residents is still relatively close to the actual.

The above extrapolated results of the per capita pension benefits are quoted from the social security data of 2020, and the statistical bulletin of the Ministry of Human Resources and Social Security in 2021 has not yet been published, so for the time being, it is not possible to know the exact number of people who will enjoy the benefits and the exact amount of the pension fund expenditures in 2021. However, due to the upward adjustment of the pension level in 2021, the current per capita employee pension and per capita resident pension should be slightly higher than in 2020.