4hw.org: in recent years, China has begun to enter the age of aging, and more and more people are aging. How to deal with the problem of elderly resettlement is very urgent. The state attaches great importance to the pension of the elderly. The pension of the state has improved in all provinces this year. Let's take a look at the number of pensions in all provinces in 2017. This article is edited and collated by sihai.com. For reprint, please indicate the original link: http://www.4hw.com.cn/life/
Some time ago, the website of the Ministry of Finance published the statement of the central government on the budget of local tax return and transfer payment in 2017. Since January 1, 2017, the pension standard for retirees of enterprises, government agencies and institutions has been raised by an average of 5.5%.
After the introduction of pension adjustment ratio, many people are more concerned about this topic. For example, how much can the pension increase this year? In XX City, XX Province, how much is my pension treatment level this year?
What is the pension level in your area?
According to the data of China Statistical Yearbook, we calculated the average pension fund expenditure level of each province, autonomous region and municipality in 2016. In this calculation, it should be said that there may be a slight difference with the pension received by everyone. The difference between these data and the actual pension received by retired employees in each region is about 100 yuan, which is not very large. You can make a comparison with this.
In 2016, we calculated the national pension average of about 2300 yuan per month. Since the average level means that some places are high while others are low, which province has the highest and lowest pension level?
It's estimated that you can't guess that Tibet has the highest pension, with a per capita pension of 4071 yuan per month; Chongqing has the lowest, with a per capita pension of 1817 yuan.
What are the factors that affect the level of pension?
1. Title of retired employees
The highest area is Tibet. The reason may be related to Tibet. The retired people in Tibet are all government agencies, institutions and state-owned enterprises stationed in Tibet, so their wage level may not meet the local economic and social development situation. In addition, there are only 38000 retired people in Tibet, so the average 4071 yuan is not a single water Ping is very high. This article is edited and collated by sihai.com.cn. Please indicate the original link of the Reprint: http://www.4hw.com.cn/life/
2. Economic development level
In places with high levels of economic development, such as Shanghai and Beijing, the average per capita is about 3600 yuan and 3300 yuan per month, respectively. The income level of local employees is relatively high and the endowment insurance paid is relatively high, so the pension level in these areas will also be higher than that in other areas.
In addition, we only talk about the average pension level of each province. If we only look at individual cities, we will find that their pension level will be higher than the provincial average level. For example, the average pension level in Shenzhen is 3850 yuan, while the average pension level in Guangdong Province is only 2598 yuan.
3. Local social average wage level
Pension = basic pension + individual account pension
Individual account pension = individual account deposit / calculated months
From the pension calculation formula, we can see that the pension level is directly related to the local average social wage level. For example, Chongqing, Sichuan and Jilin, the social wage level is relatively low. Last year, the per capita pension level was about 1800 yuan per month. This article is edited and collated by sihai.com.cn. Please indicate the original link of the Reprint: http://www.4hw.com.cn/life/
How will pension levels change?
This is the current pension level, so what will happen in the future?
The future pension depends not only on the local salary level, but also on the accumulated amount of our own contribution years, which is often called "pay more, pay more". For the current retired or about to retire employees, their pension mainly depends on the contribution of the unit, while the current young people will receive pension in the next 20 or 30 years, which mainly depends on personal contribution and accumulation.
So I believe that the average level of pension in the future is not only related to your region, but also to your personal actual income level. The current income level is high, and the proportion of endowment insurance paid is high, so the level of pension received after retirement will also be improved.
What is the pension level of each province in the mainland?
According to the statistical yearbook and relevant data in the network, we collected and sorted out a table of the average level of pension in all provinces, autonomous regions and municipalities directly under the central government, and made the ranking of per capita pension fund expenditure in all provinces, autonomous regions and municipalities directly under the central government in 2016.
Tibet is the highest, followed by Shanghai and Beijing, and Jilin, Sichuan and Chongqing are the lowest. The national average is 2353 yuan.
Pension ranking
The replacement rate of pension is the ratio of pension to pre retirement wage. To maintain a more reasonable standard of living and ensure that the standard of living and income do not decline after retirement, the World Bank recommends that the pension replacement rate be no less than 70%; the ILO recommends that the replacement rate be no less than 55%. China pension development report calculates the replacement rate of urban basic endowment insurance. According to the data, the replacement rate was 72.9% in 2002, 57.7% in 2005, 50.3% in 2011 and 45% in 2016, which means that the wage level after retirement is less than half of that before retirement.
In 2010, the per capita pension accounted for the average wage of urban employees, with the national average of 49.79%. The highest is Shandong 70.74%, Xinjiang 65.22%, Qinghai 64.06%; the lowest is Jilin 45.75%, Jiangsu 45.70%, Chongqing 44.24%. The provinces with the highest substitution rate are 25% higher than those with the lowest.
In 2016, the average wages of all provinces and cities in China ranked in the top three order: the average wages in Beijing: ￥ 9227, the average wages in Shanghai ￥ 8664, and the average wages in Shenzhen ￥ 7631. The national average wage is: 5780 / month.
Pension = basic pension + individual account pension
Personal account pension = personal account deposit & pide; calculated months (195 for 50 years old, 170 for 55 years old, 139 for 60 years old)
Basic pension = (monthly average wage of on-the-job employees in the province in the previous year + monthly average payment wage of my indexation) & pide; 2 & times; payment period & times; 1%
=Monthly average wage of on-the-job employees in the previous year (1 + personal average payment index) & pide; 2 & times; payment period & times; 1%
Note: my index monthly average payment wage = the average monthly wage of the employees in the province last year & times; my average payment index for example: you retired in Chongqing in 2017, and the payment period is 15 years. In 2016, the average monthly wage of the employees in Chongqing was 6000 yuan, and your base of payment wage over the years was 0.6 times of the local average wage, so your basic pension = 6000 & times; 1.6 & pide; 2 & times; 15 & times; 1% = 720 yuan.
At the same time, suppose that your payment salary is the average salary of the province, and it is the same every month, the payment time is 15 years, and the retirement age is 60 years old. The amount of personal account is 6000 & times; 8% & times; 12 & times; 15 = 86400. If the number of pension months of 60 years old is 139, then the pension amount of each month's individual account is 86400 & pide; 139 = 621 yuan (approximately).
Therefore, our pension after retirement = basic pension + individual account pension = 720 + 621 = 1341 yuan (approximate). Most enterprise employees pay 8% of their pension contributions, and the contribution base is only 6% in general, but the contribution period may be longer than 15 years, so we only make assumptions here. This article is edited and collated by sihai.com.cn. Please indicate the original link of the Reprint: http://www.4hw.com.cn/life/
It can be seen from the hypothesis that for general retired employees, if the contribution period is only 15 years, the monthly pension after retirement is about 1300 yuan. If both husband and wife have pension, the pension after retirement is about 2600 yuan. In general, 2600 yuan is barely enough for rural or urban areas.
The proportion of pension increase has been continuously increased for 13 years. In addition to the increase of 23.7% in 2006, the annual increase of enterprise retirees' pension is about 10%. Why only 5.5% increase this year?
According to the Ministry of human resources and social security, this year's adjustment of the treatment of retirees at about 5.5% is a prudent decision made by the State Council in consideration of the new normal of China's economic development and the new situation of the aging population.
To determine the adjustment range of pension, we need to consider three principles: ensuring basic life, sharing development achievements and affordability of fund. This year, the increase rate is 5.5%. On the one hand, it is because of the speed of economic development, the price increase, the wage growth rate of employees, and the slow growth rate of financial income. On the other hand, it is because of the acceleration of population aging, the continuous improvement of pension level of retirees, and the increasing pressure on pension funds. As long as the increase rate of pension is not lower than the increase rate of price level and not higher than the average wage increase rate of on-the-job employees, it belongs to the normal level.
In general, when people know that the pension increases, especially the retired employees of enterprises and institutions know that they can get more pension this year than last year, they should feel very high minded, but in fact they are not. The increase of pension makes people more worried about the income level after retirement. For many people, the proportion of pension increase has little impact on themselves. Once the income level drops substantially after retirement, the consequences will be irresistible.
The essence of people's worry about the decrease of retirement income is the replacement rate of pension. The replacement rate of pension refers to the ratio of the level of receiving pension when the worker retires to the income of the employee's working wage, and refers to the proportion of receiving pension after retirement to the salary before retirement. For example, the salary before retirement is 10000 yuan / month, the retirement pension is 5000 yuan / month, and the pension replacement rate is 50%.
According to the data, China's pension replacement rate dropped from 72.9% in 2002 to 57.7% in 2005, and has been declining since then, from 50.3% in 2011 to 45% in 2014, and this year may be down to about 40%. The world bank suggested that to maintain the living standard before retirement, the pension replacement rate should be no less than 70%, and the ILO recommended a minimum pension replacement rate of 55%. China's pension replacement rate is lower than the international minimum standard. This article is edited and collated by sihai.com.cn. Please indicate the original link of the Reprint: http://www.4hw.com.cn/life/
The level of pension replacement rate determines the living standard of retired workers in their later years. If the pension replacement rate can be maintained at the level of 70% - 80%, the gap between the pension after retirement and the wage level before retirement will not be large, and the living standard will not be too far apart. At present, the replacement rate of pension is only about 40%, and the retirement wage is less than half of the working wage. People's living standard is bound to decline seriously. Even if the pension has achieved "13 consecutive increases", people will still be worried about their life after retirement.
The design of pension system is very complex and involves a wide range of aspects. Whether the pension enters the market or delays retirement, it is a way to improve the level of pension, reduce the social income gap and improve the people's happiness index. Because the former two track pension system is not conducive to the principle of social equity and social stability, but also contrary to the strategic goal of a well-off society in an all-round way, if the pension gap is not fundamentally eliminated, it will not be able to truly solve the problem of low replacement rate of pension.
In December 2014, government agencies and institutions provided for the aged