The pension has gone up again! Who can rise? How much did it go up?

08:12, December 12, 2020 Source: China News Network
 
Original title: Pension fund has risen again! Who can rise? How much did it go up?

Beijing, December 12, China News Network client (reporter Li Jinlei) Recently, the pension has increased again! This increase is the basic pension of urban and rural residents.

Increase of basic pension for urban and rural residents nationwide

This year's government work report proposed to raise the basic pension for retirees and raise the minimum standard of basic pension for urban and rural residents.

The pension of retirees rose first, up 5% this year. At present, it has been increased and reissued in place, benefiting more than 120 million retirees. Today, the basic pension of urban and rural residents is rising.

What is the basic pension for urban and rural residents? To participate in the old-age insurance for urban and rural residents, the benefits are composed of basic pension and individual account pension. The basic pension is composed of the minimum standard of basic pension determined by the central government, the basic pension raised by the local government and the additional age basic pension.

Previously, the minimum standard of basic pension set by the central government was 88 yuan per month. According to the information released by the Ministry of Human Resources and Social Security through the Chinese government website recently, at present, the minimum standard of basic pension set by the central government is 93 yuan per month, and the level of basic pension raised varies from place to place.

The basic pension of residents in many places is rising

After the national minimum standard of basic pension for urban and rural residents was raised, from the local level, in the near future, the basic pension for urban and rural residents in many places, including Shandong, Fujian and Shenzhen, has risen.

Among them, Shandong announced that since July 1, 2020, the minimum standard of basic old-age insurance basic pension for residents in the province will be increased from 118 yuan per person per month to 142 yuan, that is, 24 yuan per person per month.

Fujian Province proposed that the minimum standard of basic pension for urban and rural residents in Fujian Province would be raised from July 1, from 123 yuan per person per month to 130 yuan.

Shenzhen also announced to raise the basic pension standard of basic old-age insurance for residents. From January 1, 2020, if the insured person receiving pension has registered in the city for less than 8 years, the basic pension will be increased from the original monthly 302 yuan to 322 yuan; From the month following the 8th anniversary of the city's household registration, the basic pension has been increased from 453 yuan per month to 483 yuan per month.

Shanghai urban and rural residents have the highest basic pension

Previously, Shanghai adjusted the basic pension standard of urban and rural residents' pension insurance from 1010 yuan per person per month to 1100 yuan per person per month. At present, the basic pension standard for urban and rural residents in Shanghai is the highest in China.

Beijing has also raised the basic pension of urban and rural residents this year. For those who have received the basic pension of urban and rural residents' basic pension insurance and old-age security benefits before December 31, 2019, the per capita pension will increase by 20 yuan per month from January 1, 2020. The average monthly basic pension for urban and rural residents in Beijing is 830 yuan, and the average welfare pension is 745 yuan.

With the increase of employee pensions and residents' pensions, retirees have more pensions in hand, and the square dance is more exciting.

Can pensions be guaranteed to be paid in full and on time?

It should be noted that, according to the requirements of the Ministry of Human Resources and Social Security, it is necessary to ensure that the basic endowment insurance fund for enterprise employees is collected and disbursed at the provincial level before the end of 2020. Therefore, with the realization of provincial overall planning, the pension payment date of the province will also be unified.

In addition, retirees are very concerned about the impact of the epidemic this year. Can pensions be guaranteed to be paid in full and on time?

The Ministry of Finance recently gave "reassurance": this year, China will increase the central financial subsidy and adjustment of the basic pension insurance fund, and support local governments to pay pensions in full and on time. In 2020, the central government will allocate 582.7 billion yuan of basic endowment insurance subsidies for enterprise employees, an increase of 10.7% over last year, and focus on the central and western regions and old industrial base provinces where the contradiction between fund income and expenditure is prominent.

The state requires that pensions be paid in full, so everyone can be relieved. (End)

(Editor in charge: Gu Yan, Deng Nan)