Recently, many people said that the good news of enterprise retirees in 2019 came! What is the news? It turned out that the pension for retirees has increased again this year. In the future, retirees receive more pensions every month, which is great good news! But do you know how much the pension will rise this year?
Pension increase
After retirement, many people will be very concerned about the news of pension. Has the pension not increased this year? However, the good news of 2019 enterprise retirees has come! Retirees' pensions have been raised. This year, the pension has achieved 15 consecutive increases! At the same time, relevant departments have been slowing the growth of pensions.
In 2019, a new policy on enterprise pension was issued. From February 1, the pension of retired old employees of enterprises was increased by about 5%. Since the increase of retirement pension began on July 1, 2005, 14 consecutive increases have been realized so far. Over the past two years, the retirement pension has increased by 5.5% in 2017 and 5% in 2018. In 2019, it is still increasing by about 5%.
China's retirees' pensions have increased for 15 consecutive years
In addition, employees who have handled the retirement before 2019 can participate in the adjustment. The number of people adjusted this time is 2.48 million, which will be reissued in February. By the middle of this year, it can be distributed to the majority of enterprise retired staff in July.
In fact, the pension payment of retirees in China has increased for 15 consecutive years. However, it is worth noting that the growth of pension has slowed down in recent years, with an increase of 10% from 2008 to 2015, and an increase of 5% after 2016. In this regard, relevant departments said that in order to reduce the revenue and expenditure pressure of pension funds, the growth rate is bound to slow down, but the policy will still maintain an upward trend year after year.