How to adjust the pension this year

The method of pension adjustment is only in the aspect of payment period reward adjustment. 2 yuan can be rewarded for each full year of payment. For example, if you pay for 40 years, your monthly pension will increase by 80 yuan. Second, adjust the level of pension collection. The pension level is adjusted according to the ratio of 2. 1%.

legal ground

Article 16 of the Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

In April this year, Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued the Notice on Adjusting the Basic Pension for Retirees in 2020, which will adjust the basic pension level of retirees in enterprises, institutions and institutions that have gone through retirement procedures and received basic pensions on a monthly basis before 2019123/kloc-0. Each province determines its own adjustment ratio and level with the national overall adjustment ratio as the upper limit.

Xinhua Viewpoint reporter found that up to now, nearly 30 provinces including Shanghai, Tianjin, Guangdong and Anhui have issued specific adjustment plans in official website. Liaoning, Hebei, Jiangsu, Anhui, Guangdong and other places stipulate that pensions will be paid before the end of July, and the increased pensions required by Ningxia will be paid to retirees in full by the end of August at the latest.

Chu Fuling, director of the China Social Security Research Center of the Central University of Finance and Economics, said that pension adjustment is a legal adjustment combined with multiple factors such as economic growth, rising price level and wage income growth.

The reporter learned that the provinces that have introduced the plan are still adopting a combination of quota adjustment, hook adjustment and appropriate tilt.

In terms of quota adjustment, the adjustment quotas vary from 25 yuan to 80 yuan. Among them, Tibet and Shanghai have higher adjustment quotas, with 80 yuan and 75 yuan added each month. The adjustment of the link is mainly linked to factors such as the payment period or working years of retirees and the basic pension level. Shanghai, Anhui, Inner Mongolia and other places stipulate that each person's monthly basic pension will increase from several yuan to several tens of yuan for each payment period 1 year. Tianjin, Guangdong, Liaoning and other places take the payment period 15 as the boundary, and increase the quota again for the part that exceeds the payment period 15.

This pension adjustment has also continued the tradition of leaning towards the elderly, retired cadres in enterprises and retirees in hard and remote areas. Hebei has increased its inclination to retirees stationed in hard and remote areas outside the province. If the degree of hardship exceeds that of Hebei, 35 yuan will be increased every month.

"The adjustment of the basic pension for retirees is conducive to increasing the family income of retirees, as well as stimulating consumption and stimulating domestic demand." Xiang Yunhua, a professor at the Social Security Research Center of Wuhan University, said.

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