Great! Another piece of good news has come out for retirees. Do you know what the good news is? Many retirees think that the pension is less and hope to recalculate. According to the latest news, some cities have begun to recalculate their pensions. This means that more subsidies are likely. So what are the details?
Replacement pension
Many people don't understand the meaning of "Zhongren" and think that Zhongren is middle-aged. As a matter of fact, the retirees of government institutions and institutions who took part in work before September 30, 2014 and retired after October 1, 2014 after meeting the retirement conditions belong to the "middle class", in addition to the corresponding "old people" and "new people".
Retirees are a very large group, and now this group has good news. In the second half of 2018, it is an unforgettable year for the "Chinese people" in public institutions, because Sichuan Province has made a good start in calculating and reissuing the Chinese people's pension, and completed this work before the end of the year. Then, will the pension of the middle-aged in other provinces be calculated and paid again?
Pension replacement for retirees
Retirees from institutions in other regions need not worry. Here, I can tell you for sure that many provinces and cities are doing accounting and inventory work. I believe that in the second half of 2019, all regions will bring you surprises. That is to say, after the new calculation and payment, the Chinese people will get a replacement pension at that time.
In fact, the recalculation of the Chinese pension, in other words, is a replacement pension. Of course, not all enterprise retirees will receive a replacement pension, just for the middle class, so we need to make clear the situation. After the replacement of the Chinese pension, it means that this group will receive an additional subsidy and their income will also increase. This is indeed a good thing.