The pension growth in 2022 will be another 4% on the basis of the pension level in 2021. If all are based on the pension level in 2020, it will increase by 4.5% in 2021 and then by 4% in 2022. The average amount of pension we increase is expected to be 93% in 2021, that is, if calculated proportionally, we will increase by 100 yuan in 2021, and will increase by 93 yuan this year. If there is an increase of 107.5 yuan in 2021, it is equivalent to an increase of 100 yuan this year.
 The pension increase will be 4.5% in 2021, and 4% in 2022. Therefore, although the details of pension adjustment in Shandong Province in 2022 have not been disclosed, we can first calculate the increase amount according to the pension adjustment plan in 2021, and then estimate it.
 In addition to the age of retirees, the calculation of pension increase depends on the payment period, pension level, identity (enterprise retirees or retirees from government institutions) and other conditions. In addition, Shandong's pension adjustment plan has a special feature, that is, it will raise a sum of money for those who have reached the age of 70, 75 and 80 before the end of last year. This has formed a practice and tradition for many years, so it is expected that this will continue in 2022.
 Legal basis
 Article 10 of the Full Text of the Social Insurance Law of the People's Republic of China, employees shall participate in basic endowment insurance, and the employer and employees shall jointly pay basic endowment insurance premiums. Individual businesses without employees, part-time employees who do not participate in basic endowment insurance in the employer and other flexible employees can participate in basic endowment insurance, and the basic endowment insurance premium shall be paid by individuals. The measures for old-age insurance for civil servants and staff members who are managed with reference to the Civil Servant Law shall be formulated by the State Council.