From December 2023, the pension will usher in 2 major adjustments!

Mondo Social Updated on 2024-01-29

With the aging of the population, the pension issue has been a matter of concern. From December 2023, the pension will usher in two major adjustments, which is undoubtedly good news for the majority of retirees.

First of all, the standard of pension payment will be adjusted. According to the relevant national policies, the pension payment standard will be linked to the average wage growth rate of local employees. This means that as the economy grows, pensions for retirees will increase accordingly. This adjustment is aimed at ensuring the basic living needs of retirees and ensuring that they are better financially protected.

Secondly, the way pensions are paid will also change. In the past, retirees needed to go to the bank to receive their pension, which was inconvenient and error-prone. And from December 2023, retirees can receive their pension directly through their social security card. This method is not only convenient and fast, but also effectively avoids economic losses caused by untimely collection.

In addition, in order to ensure the smooth issuance of pensions, the relevant departments have also strengthened the supervision and management of social security cards. The social security card will become the main voucher for receiving a pension, and only retirees who have a social security card and have completed the relevant procedures will be able to receive a pension smoothly. At the same time, the relevant departments will also strengthen the supervision of social security cards to prevent fraudulent and fraudulent claims.

These two major adjustments are good news for the majority of retirees. On the one hand, the standard of pension payment will be improved, which can better protect the basic living needs of retirees;On the other hand, the way of pension payment will be more convenient, making it easier for retirees to receive their pension anytime and anywhere. At the same time, strengthening the supervision and management of social security cards will also provide better protection and services for retirees.

In short, from December 2023, pensions will usher in two major adjustments, which will bring more benefits and security to retirees. We believe that with the joint efforts of relevant departments, the lives of retirees will be better and happier.

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