Pension is a matter of great concern to many people, especially the elderly who have retired or are about to retire, because the adjustment and increase of pension have a very important impact on their basic life. The basic source of livelihood of retirees almost all depends on the payment of pensions. The adjustment and growth of pensions can ensure and improve their living standards. So how is the pension adjusted in 2019? How much has the pension standard been raised? When can I get the increased pension? This article brings you the adjustment and increase of pension in 2019. Let's have a look.
Recently, the Ministry of human resources and social security and the Ministry of Finance jointly issued the notice on adjusting the basic pension for retirees in 2019, specifying that from January 1 this year, the basic pension level will be increased for retirees of enterprises, organs and institutions that have gone through retirement procedures and received basic pension on a monthly basis before the end of 2018, The overall adjustment level is about 5% of the monthly per capita basic pension of retirees in 2018.
What is the increase?
Taking into account the level of price rise and the affordability of the fund
The overall adjustment proportion of pension standard this time is the same as that in 2018. How is this adjustment level determined?
The relevant person in charge of the Ministry of human resources and social security said that two factors should be considered in determining the adjustment level: first, the impact of economic growth on the basic life of retirees, mainly the increase of average wages and rising prices of employees; Second, we should ensure that the pension fund is affordable and the system is sustainable.
Looking at macroeconomic growth, at present, China's economic development has shifted from high-speed growth stage to high-quality development stage, and the economic growth has slowed down. In 2018, the average wage and price of employees increased steadily, roughly the same as that of the previous year. In 2019, the economic operation will be stable with changes and worries, the external environment is complex and severe, and the economy is facing downward pressure.
Looking at the operation of the fund, due to the large scale of China's elderly population and the rapid aging of the population, the number of retirees receiving basic pensions is increasing, the dependency ratio between the number of contributors and the number of recipients is decreasing, and the pension burden is becoming heavier and heavier. At the same time, the state clearly lowered the payment proportion of basic endowment insurance for urban employees, and the pressure on income and expenditure of endowment insurance fund further increased.
"Under such circumstances, the State Council has decided that the overall adjustment ratio in 2019 will be the same as that in 2018, which can not only enable the majority of retirees to properly share the fruits of economic and social development, but also give full consideration to the long-term rights and interests of retirees, which is conducive to enhancing the people's sense of access, happiness and security, but also make pensions more secure and sustainable." The official said.
Zheng Gongcheng, President of China Social Security Society and professor of Renmin University of China, explained: "set the adjustment level at 5%. If the inflation level is consistent with the expected target of 3%, the remaining two points are the national development achievements shared by retirees."
In addition, this year's pension adjustment will continue to adhere to the principle of integration. For the fourth consecutive year since 2016, the pension level of retirees from enterprises, organs and institutions will be appropriately increased. " Since 2016, with the joint efforts of the central and local governments, more and more provinces have implemented completely unified adjustment measures for enterprises, organs and institutions. " The relevant person in charge of the Ministry of human resources and social security said that this year, the state will continue to accelerate the unification of adjustment methods, fully reflect the fairness of basic pension adjustment policies, and further realize the fairness of rules.
How exactly?
Combination of quota adjustment, hook adjustment and appropriate tilt
If the pension standard is increased by about 5%, does it mean that the pension received by each retiree this year can be increased by 5% on the basis of last year?
It is understood that the adjustment ratio of 'about 5% is the overall per capita level of the treatment adjustment of all retirees of enterprises, organs and institutions. It is not that the retirees of enterprises, organs and institutions are adjusted according to the ratio of 5% based on their per capita pension level.
In practice, enterprises, organs and institutions will uniformly implement the "three combination" adjustment method of "quota adjustment, linkage adjustment and appropriate tilt". Quota adjustment, that is, all kinds of retirees in the same region uniformly increase the same amount of pension, reflecting social equity; Link adjustment, that is, the increased pension is linked to the individual contribution years and pension level, reflecting the incentive mechanism of "more contributions and more long-term contributions", so that those who pay more and long-term contributions on the job can get more pensions; Appropriate tilt, that is, care for the elderly retirees and other groups, reflecting key care.
"Such an adjustment method can appropriately adjust the income gap of retirees, reflecting the principle of paying attention to fairness and giving consideration to incentives in secondary distribution." The relevant person in charge of the Ministry of human resources and social security said.
Specific to each region, due to the different levels of economic development and the basic situation of retirees, there will be some differences in the specific adjustment methods between regions. Specific to a region, a few regions may still have slightly different adjustment methods for enterprises, organs and institutions. Specific to each retiree, due to different payment years and pension levels, the actual increase in the absolute amount of pension is different, and the corresponding proportion in personal pension is also different. Generally speaking, the increase in the absolute amount of basic pension will also be relatively high for personnel with long payment years and high payment wage level.
According to the regulations, retirees of enterprises, organs and institutions who have gone through retirement procedures and received basic pensions on a monthly basis before December 31, 2018 can enjoy this round of rising dividends. The employees who go through retirement procedures in 2019 are not within the adjustment range.
In this regard, the above person in charge explained that such an arrangement is determined by the treatment determination mechanism of China's basic old-age insurance system for employees. According to the current system, both enterprises and government organs and institutions implement the basic pension calculation and payment method linked to the average salary of employees and individual contributions. In short, the basic pension of retirees in 2018 is calculated and paid based on the average wage of employees in 2017, while the basic pension of retirees in 2019 is calculated and paid based on the average wage of employees in 2018. They have properly shared the achievements of economic and social development of the previous year when they retire. " According to this principle, when adjusting the basic pension, the scope shall be determined as the retirees at the end of the previous year, so as to avoid that the retirees in the current year enjoy both the salary increase of the previous year and the treatment adjustment of the current year, so as to reflect fairness. This is also the consistent practice when adjusting the basic pension. " The official said.
When can I get it?
The distribution time varies from place to place, and they will be reissued from New Year's day
When can retirees get the increased pension?
According to the requirements, all localities shall formulate specific implementation plans in combination with the actual situation of the region before May 31, and submit them to the Ministry of human resources and social security and the Ministry of finance. After the two departments examine and approve the local specific implementation plan, all localities will pay close attention to the organization and implementation, and distribute the increased pension to the retirees as soon as possible. " The specific distribution time may vary from place to place, but for retirees, no matter when they start to organize distribution, they will be reissued from January 1, 2019. " The relevant person in charge of the Ministry of human resources and social security said.
In the context of reducing social security rates, is there room for further increases in pensions in the future?
"Generally speaking, pensions are growing rigidly in all countries in the world." Zheng Gongcheng said that there is a certain level of inflation in macroeconomic operation. If prices rise by 3% and pensions rise by less than 3%, then the income of the elderly is actually reduced, which is not in line with the original intention of the design of the social old-age insurance system. " The government work report also puts forward that we should not only reduce the payment burden of enterprises, but also ensure that employees' social security benefits are not affected, that pensions are increased reasonably and paid in full on time. We should have confidence in China's old-age insurance system. " Zheng Gongcheng said.
The relevant person in charge of the Ministry of human resources and social security also said that on the basis of summarizing the practices and experience of adjusting the basic pension over the years, the relevant departments are paying close attention to the study and establishment of a reasonable adjustment mechanism for the basic pension taking into account the retirees of enterprises, organs and institutions, so as to realize the unification of the treatment adjustment mechanism for all kinds of retirees and make new progress in providing for the elderly, So as to enhance people's sense of gain and happiness. (reporter Li Xinping)