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Will pensions rise in 2019? How much can the pension of retirees increase in 2019

Will the pension increase in 2019? The answer is yes. The pension amount of retirees is closely related to everyone. Why do we say that the pension will increase in 2019? According to the decision of the State Council on improving the basic pension insurance system for enterprise employees, it is clear that the State Council will adjust the basic pension level of enterprise retirees in time according to the changes in the wages and prices of employees.

That is to say, if the wages or prices of the employees rise, the basic pension of the retirees will rise accordingly.

The range of adjustment is generally a certain proportion of the average wage growth rate of the province, autonomous region, municipality directly under the central government and the on-the-job employees of the enterprise.

In fact, the adjustment of retirees' pension also ensures the fairness of retirees' treatment to a certain extent. For example, our pension is linked to the average social wage of the previous year of retirement.

The basic pension is equal to the average monthly wage & times; (1 + personal average payment index) & divide; 2 & times; payment period & times; 1% of the employees on duty in the previous year when they retire.

If we pay social security according to the 30 years of payment and the average social wage level, we can get 30% of the average social wage of the previous year.

However, when we retire in 2018 and 2019, the average social wage we use is not the same, and the results are not the same under the same proportion.

For example, if the average social wage we use in 2018 is 5000 yuan, 30% is 1500 yuan per month. If the social average wage used in 2019 becomes 5300 yuan, 30% is 1590 yuan per month.

Especially reflected in the retirement treatment of retirees in December 2018 and January 2019, the retirement salary will be less than 90 yuan within a few days of late retirement, which is difficult to accept. So pension adjustment is a way to ensure that everyone is basically fair.

In 2018, the average middle line of the salary guidance line of enterprise employees across the country is about 7% to 8%. If we calculate the pension adjustment at 60%, the increase of pension should be between 4.2% and 4.8%.

In 2018, our price growth is not low. The CPI growth rate is about 2.1% to 2.2%. 0.5 to 0.6 percentage points higher than 1.6% in 2017. However, our GDP growth rate has declined slightly, which is expected to be around 6.6%, compared with 6.9% in 2017.

Therefore, it is most likely that the growth rate of pension will be between 4.5% and 5% in a comprehensive way.