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Enterprise retirement pension will rise 14 times in 2018

Four seas net: good news again! In 2018, how much and which of the corporate pension increases? Let's have a look at the specific information!

Enterprise retirement pension will rise 14 times in 2018

A number of experts said that in terms of the current policy orientation and economic growth in China, pensions will continue to rise. 'the exponential growth of pension is a proper meaning in the design of pension system. 'Zheng Bingwen, director of the world social security research center of the Chinese Academy of Social Sciences, pointed out in an interview with the economic reference that the pension will undoubtedly rise 14 times in a row next year. 'considering that next year's economic growth rate will be between 6% and 7%, and the social average wage will also be increased, according to the important decision since the comprehensive deepening of reform in 2012, the pension will also be increased accordingly. '

Zhang Yinghua, executive researcher of the world social security research center of the Chinese Academy of Social Sciences, told the economic reference newspaper that the pension growth is to let retirees share the fruits of economic development, and at the same time, it will not cause a significant decline in living standards due to rising prices, so the pension growth will generally be linked to wages or prices. At present, China's economy is changing from high-speed growth to medium and high-speed growth. Coupled with the small price growth, the corresponding wage and pension growth will slow down.

In fact, as a normal mechanism, pension adjustment has been growing rapidly in the past decade. To this end, Professor Yang Yansui of the school of public management of Tsinghua University told the economic reference that this was mainly due to the low wage base of the retired elderly in the past. 'the pension adjustment mechanism should be linked to the inflation rate to ensure the purchasing power of pension. The pension growth rate is 5.5% in 2017, 5% in 2018 and 4.5% in the future, which is in line with the inflation rate. 'said Yang Yansui.

Qi Chuanjun, deputy secretary-general of the world social security research center of the Chinese Academy of Social Sciences, also said in an interview with the economic reference that the increase in pensions will be about 5% next year. 'this is mainly due to two considerations: first, the economy has entered the new normal, the growth rate has slowed down compared with the previous years, and the growth rate of fiscal revenue has the same trend. At the same time, the growth rate of basic endowment insurance fund expenditure is significantly higher than the growth rate of income, and the financial sustainability is faced with certain risks; on the other hand, the Federal Reserve has started the process of scale reduction, and the world may enter the cycle of interest rate increase, so the inflationary pressure is not great 。 "Qi Chuanjun said.