The basic pension level of retirees will be raised, and the overall adjustment level will be about 5% of the monthly per capita basic pension of retirees in 2018.
New policy and news of social security payment in 2019
The social security system is under the management of the government, with the state as the main body, according to certain laws and regulations, through the redistribution of national income, relying on the social security fund, to give material help to citizens when they lose the ability to work temporarily or permanently and when they have difficulties in life due to various reasons.
The notice on adjusting the basic pension of retirees in 2019 specifies that from January 1, 2019, the basic pension level will be increased for retirees of enterprises, institutions and institutions who have gone through retirement procedures according to regulations and received basic pension by the end of 2018, and the overall adjustment level will be about 5% of the monthly basic pension of retirees in 2018.
How much can retirees increase
Due to the different economic development level and basic situation of retirees, there will be some differences in the specific adjustment methods between regions. Specific to a region, there may be a few areas where enterprises and institutions adjust slightly different ways. When it comes to the adjustment ratio of about '5%, this is the overall per capita level of the adjustment of the treatment of all retirees in enterprises and institutions. It is not that the retirees in enterprises and institutions are adjusted according to the ratio of 5% based on their respective per capita pension level.
Specific to each retiree, due to the different years of contribution and pension level, the actual increase in the absolute amount of pension is different, corresponding to the proportion of individual pension is also different. Generally speaking, for those who have a long service life and a high wage level, the absolute amount of basic pension will be relatively high.
When can retirees get the increased pension
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 in combination with the actual situation of the region.
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 pay the increased pension to the retirees as soon as possible. The time of distribution in place in different places may be different, but for retirees, no matter when the distribution is organized in different places, it will be reissued from January 1, 2019.
Maternity insurance and medical insurance should be combined
In March, the general office of the State Council issued the "opinions on comprehensively promoting the implementation of the merger of maternity insurance and basic medical insurance for employees", requiring the implementation of the merger of the two insurances by the end of 2019, following the general idea of retaining the types of insurance, ensuring benefits, unified management and reducing costs, to realize the synchronous registration of insurance, the operation of fund merger, consistent collection and payment management, unified supervision and management, and unified handling Service integration.