New Year's Day 2024 is coming, and the pension is about to usher in two "expectations", which will directly affect the lives of some retirees. This article will detail these two "expectations" and how they will affect retirees.
The first "expectation" is the adjustment mechanism of pensions. According to the relevant regulations, the pension standard should be linked to the price index to ensure that the living standards of the elderly will not fall because of the price of goods. However, there are still some problems in the current pension adjustment mechanism, such as the adjustment range is not timely and sufficient. Therefore, some retirees have been looking forward to the further improvement of the pension adjustment mechanism.
It is understood that the relevant departments are actively promoting the reform of the pension adjustment mechanism. In the future, the adjustment of pensions will be more timely and sufficient to ensure that the living standards of the elderly will not fall because of prices. In addition, the relevant departments also plan to strengthen the management of pension investment operations, improve the return on investment of pensions, and provide better protection for retirees.
The second "expectation" is that the pension contribution period is linked to the treatment. At present, some retirees have a shorter number of years of pension contributions, resulting in a relatively low level of their pensions. Therefore, they expect that the number of years of pension contributions can be linked to the treatment to increase their pension level.
It is understood that the relevant departments are considering linking the payment period of the pension with the treatment. In the future, the level of pensions for retirees will no longer depend solely on their contribution base, but will also be linked to the number of years they have paid. This will help to raise the level of pensions for retirees and ensure that they are better protected.
In short, before New Year's Day in 2024, there are two "expectations" for pensions, namely improving the adjustment mechanism and realizing the linkage between the payment period and treatment. These expectations will have a direct impact on the living standards of some retirees. Therefore, the relevant departments should actively promote reforms to provide better protection for retirees.