2024 pension merger: 1954-1964 retirees, pension rise and fall interpretation!
Pension merger refers to the implementation of the same basic old-age insurance system for the staff of organs and institutions and the employees of enterprises, the purpose is to change the mechanism rather than reduce the mechanism, and the reform of treatment may require the strong support of China's finance, and appropriately adjust the salary level of civil servants and staff of organs and institutions, make up for the increase in expenditures due to individual contributions, and maintain the basic living standards of employees before and after retirement.
The implementation of the dual-track system, that is, the enterprise pension and the unemployment pension will have different retirement pension systems, the current unemployment pension is about three times that of the enterprise pension, people's voices are very high unanimously required to implement the dual-track system and merge, this system has attracted the attention of the representatives of the country, the reform of the current pension system, the call for the abolition of the pension dual-track system is increasing, in 2023 In 2007, the Ministry of Human Resources and Social Security formally determined the dual-track pension system.
With the full completion of the adjustment of the basic salary standard of organs and institutions, the pension has officially entered the substantive start stage, up to now, Shandong, Shanghai and other regions have announced the implementation of local pension measures and clear personal opinions and the implementation of the payment of wage base, for some of the workers who participate in the work late, the post is lower, the increase in wages is not enough to fully deduct the payment of personal pension insurance, so it appeared"The growth is not enough to pay the bills"phenomenon. For some people who joined the work late and in lower positions, the increase in wages was not enough to offset the full amount of personal pension insurance contributions, so it appeared"The growth is not enough to pay the bills"In this regard, our official measures have been taken to ensure that everyone's salary will increase after paying the fee.
Pension consolidation in 2024, pensioners born between 1954-1964, pension up or down?
Previously, in 2013 and 2014, the state established a 10-year transition period until 2024 for alternating pensioners under the old and new regimes (i.e. pensioners born between 1954 and 1964). Will the level of pension payments increase or decrease in 2024?
There are two main factors in the implementation of pension merger in China:
Factor 1: Strengthen social fairness, under the framework of the original system, the pension treatment of civil servants in institutions and enterprises within the system is quite different, which affects the fairness of pension payment in China, and the implementation of the pension equalization policy to eliminate the difference in pension treatment is conducive to strengthening social equity.
Factor 2: Alleviating the Challenges of Population Aging The reason why China's education sector implements a parallel pension system is to simplify management procedures, reduce the pressure on pension security, and alleviate the problem of population aging.
In the case of pensioners born between 1954 and 1964, regardless of whether the level of their pension payments is increasing or decreasing, we might as well start by dividing the pensioners of institutional organizations into three categories: the elderly, the middle-aged and the new.
They are older retirees who retired before November 2014, middle-aged retirees who retired after October 2014 and before October 2024, and new retirees who retired after October 2024. Pensions for both categories of personnel will be paid in accordance with the old system for old retirees and the new rules for new retirees.
For retirees born in 1954 and 1964, the principle adopted is:"Low low from high"Policy. "Low low from high"The policy is to solve the problem of pension calculation and payment of retirees of institutions and institutions during the transitional period, that is, Chinese choose the most influential system between the old and new systems. That is to say, the Chinese choose the highest system between the old and new systems, and if the old system is higher, it can be calculated according to the old systemIf the new system is higher, the pension will be adjusted annually by 10% of the difference between the old and new systems.
For example, if Lao Wang is a deputy director-level cadre of a unit and retires in November 2022, which is what we call a Chinese person, if the old policy is applied, then Lao Wang's pension is 6,000 yuan per month, and if the new system is applied, Lao Wang's pension is 7,000 yuan per month, then it can be calculated in the form of increments:
New pension: 7000 per month.
Pension: 6000 per month.
Earnings increment rate: 80
The former king's pension = 6000 + (7000-6000) * 80% = 6800 yuan.
Therefore, for the institutional system and pensioners, the impact of the pension route on the pension must be the specific method of calculating the specific pension.