@Huoshiren!This money is going up again!The increase is expected to be 3% to 4%

2022-05-08 0 By

Good news: Pension increases are likely to continue this year.China’s pensioners will see their pensions rise 17 times in a row by 2021.From 2018 to 2020, the growth rate was 5% for three consecutive years, and the growth rate will be adjusted to 4.5% in 2021.In terms of adjustment methods, the combination of quota adjustment, hook adjustment and appropriate tilt is adopted, in which the quota adjustment embodies the principle of fairness, while the hook adjustment embodies the incentive mechanism of “more pay, more get” and “longer pay, more get”.China will continue to raise the basic pension for retirees in 2022.As for the increase rate of pension, experts estimate at 3 to 4 percent.Zhang Yinghua, executive researcher at the World Social Security Research Center of the Chinese Academy of Social Sciences, said: The steady growth of basic pension and the sharing of the fruits of economic growth by retirees is an important measure to improve people’s livelihood.In 2021, China’s economic growth exceeded 8% and fiscal revenue increased by more than 10% year-on-year, laying the foundation for the “18 consecutive increases” of pensions.”On the one hand, the continuous increase of pension will help narrow the income gap between retirees. On the other hand, the increase rate is higher than the price increase, which can increase the real purchasing power of retirement income.The national average pension is expected to increase by 3-4% in 2022.”Dong Dengxin, a core member of the China Pension Finance 50 Forum and director of the Finance and Securities Institute of Wuhan University of Science and Technology, said: “According to the convention, the pension of retirees will have a rigid increase every year, but it should not be too fast. The adjustment rate mainly depends on prices and economic growth, and the increase is expected to be around 3 percent in 2022.”At present, the per capita level of China’s employee pension has reached about 3,000 yuan per month, which is already a high base, accounting for about 60% of the average salary of employees on the job.It is worth noting that compared with urban retirees, the overall level of basic pension for urban and rural residents is relatively low, and the gap between different regions is more obvious.Steadily increasing pension benefits for urban and rural residents has also become an important focus of policy.The minimum monthly basic pension for urban and rural residents has been raised from 173 yuan to 187 yuan, an increase of 8% over the previous year, according to the Jiangsu Provincial Department of Human Resources and Social Security.The provincial department of Human resources and Social Security and the provincial department of Finance asked local governments to actively raise funds to put the policy in place before March 31.■ Tibet announced that starting from January 1, 2022, the per capita basic pension of the basic old-age insurance for rural and non-working urban residents will rise by 10 yuan from 205 yuan to 215 yuan per month.■ Ningxia will continue to adjust the basic pension standard for urban and rural residents every year from 2022 to 2025, with an increase of 5 yuan per person per month. It is expected that by 2025, the basic pension standard for urban and rural residents will reach about 230 yuan per person per month.■ According to the work report of the Guizhou Government, the minimum monthly basic pension for urban and rural residents will be raised by 15 yuan from 98 yuan to 113 yuan in 2022.■ According to the work report of the Guangdong Provincial Government, we will steadily increase the basic pension of the basic old-age insurance for urban and rural residents.The Guangdong Provincial Department of Finance also issued a notice earlier, allocating a total of 10.97988 million yuan of subsidies for basic old-age insurance for urban and rural residents in 2022.Zhang Yinghua, an executive researcher at the World Social Security Research Center of the Chinese Academy of Social Sciences, said: “The increase in pension funds for urban and rural residents can help narrow the income gap between elderly residents and retired workers, and encourage able insured residents to increase their contributions to save more for the future.”Dong Dengxin, a core member of China Pension Finance 50 Forum and director of finance and Securities Research Institute of Wuhan University of Science and Technology, said: Raising the pension payment rate of urban and rural residents as soon as possible has also become an important direction for the next step.Accelerate the reform of endowment insurance system is imperative to be implemented as soon as possible individual pension system however, the industry also pointed out that the current pension balance pressure is still larger, to ensure the steady improvement of pension treatment, accelerate the reform of endowment insurance system is imperative.In addition to gradually delaying the statutory retirement age, accelerating the pace of national pooling of pensions and implementing the personal pension system as soon as possible is the key.The reporter learned that since this year, the pace of national pension pooling has been accelerating. Shanghai, Zhejiang, Hubei, Guangdong, Sichuan and many other places have emphasized the national pooling of enterprise employees’ basic pension insurance, and many places have steadily promoted the integration of enterprise employees’ basic pension insurance data into the national pooling system.Among them, qinghai province enterprise workers endowment insurance national pooling information system recently online operation.Following the deliberation and approval of the Opinions on Promoting the Development of Individual Pension at the 23rd Meeting of Commission for Deepening Overall Reform of the CPC Central Committee, relevant departments are also working hard to improve supporting policies, clarifying implementation methods, fiscal and tax policies, and rules on financial products.China pension financial 50 people BBS core members of the financial securities research institute, wuhan university of science and technology deng-xin dong thought: from the point of ability to cope with aging, old-age security, in addition to the basic endowment insurance, also need to develop the enterprise annuity and occupational pension, guide and encourage households to buy private pensions and personal products, blend in personal pension reserve family financial management.Pensions may face “18 consecutive increases”!Let’s get the good news out to more people