In 2024, the pension will be merged, will the pension of non-retired civil servants be affected?Detailed explanation
Uncle Lee, 59, is a retired civil servant who is about to usher in a new beginning in his life. In 2024, he will start his retirement career. In the past few days, he has also been paying attention to whether he will consolidate his pension next year, and he has both expectations and doubts in his heart.
For public officials who are about to retire like Uncle Li, what will be the effect of their pensions in the same city?
1.It has the meaning of ending the dualistic system.
From October next year, the "dual-track system" will come to an end once and for all, and we will enter a period of a single system.
This change has been gradually implemented since October 2014 in order to harmonize the pension accounting methods of enterprises and government employees and establish a unified system.
Uncle Lee first heard about the pension merger at work.
In 2024, Uncle Li is getting more and more worried. However, this is also a prerequisite for ensuring that all employees can receive fair and reasonable treatment.
Uncle Lee is a veteran staff member who has to Xi the change and wants a more just social welfare system.
2.Calculations are made in different ways.
Under the new system, whether it is an enterprise employee or a government employee, their payment methods will become unified. This means that his pension will be accounted for in a new way, just like a retiree in a company.
This change was uncomfortable for Uncle Lee at first, but in fact, the new statistical method may be more transparent and fair.
3.No pay cuts.
The purpose of the reform of China's pension insurance system is to establish a fair and sustainable social pension insurance system and narrow the income gap between various industries.
Uncle Li checked the Internet and learned that although the method has changed, the pension has not been reduced.
4.The calculation of the pension will depend more on the number of years of contribution, deemed length of service and the average contribution index for each person.
Uncle Li carefully calculated his length of service and the pension he could receive in the future, and he felt that his situation was not bad. The payment method based on individual status promotes employees to increase the degree of investment in annuity contributions, and then obtain higher retirement benefits.
Overall, Uncle Lee has a positive view of the integrated pension reform to be implemented in the future. Even if he changed the algorithm, he didn't think his welfare would be much reduced because of it.
In addition, Uncle Li and others should also pay attention to their pension contributions in order to prepare for future retirement.
I hope every friend can live a comfortable and comfortable life in their old age after retirement!