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Henan Province farmers pension 2019 new policy! New policies for rural pension in 2019

The annual increase of pension is one of the most concerned things for the elders, after all, it is related to the quality of life in their later years. So, what is the 2019 pension adjustment plan? 2019 rural pension has a new policy! Henan Province farmers pension 2019 new policy to understand.

On August 1, the reporter learned from the Department of human resources and social security of Henan province that from January 1, 2018, if the basic endowment insurance benefits for urban and rural residents are met, the basic pension standard will be raised from the month of enjoying the benefits. After the increase, the minimum standard of basic endowment insurance for urban and rural residents is 98 yuan per person per month, an increase of 18 yuan over the previous period.

It is reported that this is the fourth time in Henan Province since the implementation of the new rural endowment insurance pilot in 2009 that the minimum standard of basic pension of urban and rural residents has been raised, and the largest increase has also been made, with an increase of 22.5%. This policy will benefit 14.45 million urban and rural residents in Henan Province who meet the pension requirements. It is estimated that the average monthly pension income of urban and rural residents aged 60 and over in Henan Province will exceed 110 yuan.

According to the requirements, the financial departments at all levels should do a good job in fund guarantee to ensure that the funds needed for pension payment are allocated in time. It is not allowed to delay the payment or default of urban and rural residents' pensions, and the delayed payment or default of urban and rural residents' pensions will be seriously investigated and punished. All localities shall strictly implement the requirements of the central and provincial regulations on the management and use of basic endowment insurance subsidies for urban and rural residents, strictly prohibit the misappropriation and occupation, and take serious responsibility for the misappropriation and occupation.

At the same time, all regions are encouraged to improve the minimum standard of basic pension in the region in combination with the actual situation. At present, there are 7 cities under the jurisdiction of provinces, 8 counties (cities) under the direct control of provinces, and 97 counties (cities, districts) (including development zones, high-tech zones, and industrial agglomeration zones) in our province have increased the standard of basic pension by themselves, among which the minimum standard of basic pension in Zhengzhou has reached 178 yuan per person per month.

Henan pension calculation method:

According to the latest pension calculation method, the pension of employees at retirement consists of two parts:

Pension = basic pension + individual account pension

Personal account pension = personal account deposit & divide; number of months (195 for 50 years old, 170 for 55 years old, 139 for 60 years old, no longer unified as 120) basic pension = (monthly average wage of on-the-job employees in the previous year + monthly average payment wage of my indexation) & divide; 2 & times; payment period & times; 1% = monthly average wage of on-the-job employees in the previous year in the province (1 + my average payment index) & divide; 2 & times; Payment period & times; 1%

Note: my indexation monthly average payment wage = the monthly average wage of on-the-job employees in the province last year & times; my average payment index