Job Recruitment Website - Social security inquiry - Why do urban and rural residents' pensions not rise?
Why do urban and rural residents' pensions not rise?
1, basic pension adjustment mechanism: the basic pension for urban and rural residents is mainly provided by the state and local governments, and the adjustment range is limited by the government's financial capacity and economic development level. Limited budget or slow economic growth will lead to a small adjustment or temporary non-increase of pensions.
2. Payment level of old-age insurance: the payment level of old-age insurance for urban and rural residents is low, and the accumulation speed of personal account pension is limited. If the personal contribution level is not high, the accumulation and growth of personal account pension will be relatively slow, which will affect the improvement of treatment.
3. State financial subsidies: Urban and rural residents' pensions also include state financial subsidies. The limited national budget will limit the increase of subsidies, thus affecting the improvement of pension benefits.
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