Beijing, April 27 (Reporter Li Jinlei) When the pension adjustment will be put in place this year is a matter of great concern to retirees. Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, said on the 27th that all localities should formulate specific implementation plans before May 31, submit them to the Ministry of Human Resources and Social Security and the Ministry of Finance for approval before implementation, and distribute the increased pensions to retirees as soon as possible.
In March, the Ministry of Human Resources and Social Security and the Ministry of Finance issued a notice on adjusting the basic pension for retirees in 2018, and raised the basic pension according to the level of about 5% of the monthly basic pension for retirees in 2017. It is estimated that 114 million retirees will benefit.
Why is the overall increase in pensions around 5%? Lu Aihong explained that this is a comprehensive consideration of the wage growth of employees, the price level and the fund support ability. On the basis of ensuring the basic livelihood of retirees, let them share the fruits of economic and social development reasonably, and also meet the requirements of doing their best and doing what they can.
Then, when will the local pension adjustments be paid in place? Lu Aihong emphasized that all localities should formulate specific implementation plans before May 31, and after submitting them to the Ministry of Human Resources and Social Security and the Ministry of Finance for approval, they should promptly organize their implementation and distribute the increased pensions to retirees as soon as possible.
Lu Aihong said that the time for pension adjustment and payment may be different from place to place, but whenever it is paid in place, it will be reissued from January 1, 2018.
The reporter noted that recently, Shanghai took the lead in announcing the specific implementation plan for pension adjustment, and proposed that from January 2018, enterprise retirees (including former town insurance pensioners who were included in job insurance according to regulations) and urban and rural residents will receive pensions. The increase in pensions will be paid in place on May 18.
According to the specific adjustment measures announced by Shanghai, first, each person will increase the 60 yuan quota; Second, the 2 yuan will be increased every year according to the payment period of my occupational insurance (including the deemed payment period), and the 30 yuan will be calculated according to 30 yuan; The third is an increase of 2.1% based on my basic pension in December 2017. (End)
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