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When will the pension increase by 5% in 2019? Pension news in 2019

For those who have retired, they are very concerned about the issue of pension. Now the state has announced that the pension will be increased, and this year the pension will be increased by about 5%. So when will the pension be reissued? Let's take a look with Xiaobian.

When will the pension increase by 5% in 2019

It is reported that the new pension will be reissued from January 1, 2019.

On March 20, the official website of the Ministry of human resources and Social Security announced the relevant notice to adjust the basic pension of retirees. For the retirees who have gone through the retirement procedures and received the basic pension monthly before December 31, 2018, the pension treatment will be increased, and the overall adjustment level will be determined according to about 5% of the monthly basic pension of the retirees in 2018.

In accordance with the implementation plan for adjusting the basic pension this year, we will continue to adopt the method of combining quota adjustment, linked adjustment and appropriate tilt, and basically unify the adjustment methods for retirees in enterprises, government organs and institutions.

Quota adjustment means that all kinds of retirees in the same area increase the same amount of pension, reflecting social equity; linkage adjustment should reflect the incentive mechanism of "more long-term payment" and "more long-term payment", which can be linked with the retirees' payment years (or working years) and basic pension equality factors; For the elderly retirees and the retirees in the hard and remote areas, the adjustment level can be appropriately raised.

At the same time, the Ministry of human resources and social security also made it clear that the basic pension for retired military cadres in enterprises should not be lower than the average level of local enterprise retirees. We should give consideration to fairness and incentive, and reasonably determine the proportion of quota adjustment, hook adjustment and appropriate tilt.

When is the new pension replacement date calculated? When can retirees get it? According to the relevant person in charge of the Ministry of social security, in terms of time schedule, all localities should formulate specific implementation plans and submit them to the Ministry of human resources and social security and the Ministry of finance before May 31, 2019. The basic pension adjustment plan for retirees from central government organs and affiliated institutions in Beijing will be formulated and implemented by the two ministries. After the Ministry of human resources and social security and the Ministry of finance have examined and approved the local specific implementation plan, all localities will speed up the organization and implementation, and distribute the increased pension to the retirees as soon as possible.

'the time of distribution in place may be different in different places, but for retirees, no matter when the distribution is organized in different places, it will be reissued from January 1, 2019. 'introduced by the person in charge.

Pension increases by 5% overall

The overall adjustment level of this year's pension is determined by about 5% of the monthly basic pension of retirees in 2018.

This is the 15th consecutive year since 2005 that the state has adjusted the basic pension for enterprise retirees, and the fourth consecutive year since 2016 that the pension level for enterprise retirees and government institutions has been appropriately increased.

The overall increase of pension in 2019 is about 5%, which is the same as that in 2018. How to consider this level? According to the Ministry of human resources and social security, the average wage increase and price increase of employees in 2018 are stable, which is roughly the same as that of last year. In 2019, there will be changes and worries in the stable economic operation, the external environment will be complex and severe, and the economy will face downward pressure.

On the other hand, due to the large scale of the elderly population and the rapid aging of the population, the number of retirees receiving basic pension continues to increase, the dependency ratio between the number of payers and the number of people receiving treatment continues to decline, and the pension burden is getting heavier and heavier. At the same time, the state clearly reduces the payment proportion of basic pension insurance for urban workers, which further increases the income and expenditure pressure of pension insurance fund. This arrangement can not only reflect that the majority of retirees can appropriately share the fruits of economic and social development, but also fully consider the long-term rights and interests of retirees.

Who can increase? The scope of basic pension adjustment this time is retirees of enterprises, government agencies and institutions who have gone through retirement procedures and received basic pension monthly before December 31, 2018.

The Ministry of human resources and social security said that when adjusting the basic pension, the scope will be determined as the retirees at the end of last year, so as to avoid the situation that the retirees in that year enjoy both the wage growth of last year and the adjustment of treatment of that year, so as to reflect fairness. This is also the consistent practice in previous adjustments to the basic pension.