The pension increase policy in 2019 will be implemented everywhere, which is a very happy thing for retirees. Will Shandong's pension increase in 2019? How much? Let's take a look at the latest news about the pension of enterprise retirees in Shandong.
Every year, our pension adjustment is a process:
In March and April of each year, the State Council issues a notice on pension adjustment. 2018 was released on March 23. The national pension adjustment plan determines the adjustment scope, adjustment method and overall level.
Adjustment scope: generally for those who have retired before January 1, 2018 and receive pension benefits on a monthly basis.
The adjustment method is three ways: quota adjustment, hook adjustment and appropriate tilt.
Adjusted proportion: it is adjusted according to 5% of the per capita pension level in 2017. This is the overall adjustment level, which the state has a macro grasp.
The state will generally give provinces and cities 2 to 3 months to organize and implement, and formulate and issue implementation plans for provinces and cities.
Relevant implementation plans shall be submitted to the Ministry of human resources and social security and the Ministry of Finance for approval before implementation. The state requires the end of May 2018.
The implementation plan may have to be approved or modified by the state, and there is usually a waiting period of 2 to 3 months.
The implementation plans of provinces and cities in 2018 were generally released in late July. Shandong Province was also released at the end of July.
The specific adjustment scheme is as follows:
50 yuan per person; Increase according to 1.7% of my pension level; According to the payment period, 1.5 yuan will be added for each additional year. The longer the payment period, the more money will be added. For the elderly over 70 years old, increase 15 yuan, 30 yuan and 60 yuan respectively. The older the age, the more money.
Organs and institutions replace the increase of payment years according to the level at the time of retirement, which is the coefficient & times; 31 yuan.
The corresponding pension is generally implemented from the end of July to the beginning of August.
In fact, the increase of our pension is a timely adjustment based on the growth of social average wage and the growth and change of prices.
In 2018, the wage guideline of provinces and cities increased by about 7.5% to 8%, and the CPI growth rate this year is expected to reach 2.5%. The economic development situation continues to be good, and GDP growth is expected to reach 6.6%.
Therefore, there is no problem with the sustained growth of pensions in 2019, and the growth rate is expected to be similar to that of last year. After all, there are many price increases this year.