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In 2019, the pension will rise 15 times, and the overall pension will be increased by 5%

The pension problem has gradually become a hot issue of people's livelihood. The good news is: the pension will rise 15 times in 2019! For the elderly who have retired, is it gratifying?

According to the Ministry of human resources and social security, the basic pension will be adjusted from February 1, 2019, with an increase of 5%. This year, the pension will be adjusted at least once every three years.

This adjustment will be reissued from February and will be released in place on July 15. The specific plan is divided into three parts

First, quota adjustment: mode one: each retiree will be increased by 45 yuan per month. Method 2: linked with the pension level, it is divided into three grades: below 3770 yuan, between 3770-5270 yuan, and 5270 yuan and above, of which the first level increases by 60 yuan per month, the second level increases by 50 yuan per month, and the third level increases by 30 yuan per month. If the standard is still insufficient after the increase, it shall be supplemented.

Second, linked adjustment: it is linked to the payment period, which is different in each region. Every year, the monthly increase is 1 yuan or 3 yuan. Individuals can query the pension adjustment policies in different places.

Third, appropriate tilt: to the elderly or low pension retirees.

The report on the implementation of the central and local budgets in 2018 and the draft central and local budgets in 2019, released on March 5, proposed to improve the level of pension security and increase the basic pension standard of retirees in enterprises, institutions and institutions by an average of about 5% from January 1, 2019.

This means that this year's pension for retirees will rise for the 15th consecutive year. This is a 'reassurance' for the majority of retirees. This year, they will get more pensions and have a more secure life.

The average increase of about 5% proposed in the draft budget is in line with the increase of about 5% of pension in 2018.

According to the data, in 2016, the overall pension will be increased by about 6.5%, 2017 by 5.5% and 2018 by about 5%.