In 2024, the plan to integrate pensions is about to be implemented, and this change will have a significant impact on the lives of many retirees. In the past ten years, there has been an unfair problem in China's pension system, and the gap between the treatment of employees of enterprises and employees of government institutions has become increasingly obvious. **To address this, a pension consolidation scheme was introduced and a 10-year transition period was introduced. 2024 is about to be the end of this transition period, and it is also the decisive year of the old and new pension systems.
For those who retire during the transition period, they will face the PK of the old and new methods, that is, the accounting results of the old method and the new method will determine the rise and fall of the pension. According to the regulations, if the pension of the old method is higher than that of the new method, it will be paid according to the old method;On the contrary, it is based on the old method, plus the difference between the old and the new multiplied by a certain return ratio. This provision not only tests the patience of individuals, but also adds a touch of suspense to the entire transition period. In addition, one of the questions that many people are concerned about is whether there will be a reduction in treatment within the system
The new pension system emphasizes fairness and incentives, which will make the pension level of employees of government institutions more equitable. The new system focuses more on incentives, which will encourage in-service employees to better perform their duties and increase their work enthusiasm. Therefore, although there may be some fluctuations in the short term, in the long run, the benefits of retirees in government institutions and institutions may be improved. In 2024, the implementation of pension integration will bring a more fair and transparent pension era to the majority of retirees.
Driven by the new system, we expect retirees to be rewarded more fairly for their quality of life. In this time of change, we should also be proud of the progress of this country. Everyone is a witness to this great era, and 2024 is a milestone for pension integration. Let's embrace this change together and witness a better and fairer future. In 2024, the pension merger will come as scheduled, will the pensions of retirees rise or fall?Is there a treatment within the system?
All this will be revealed in the years to come. Let us move towards this hopeful era with the expectation of the future, create a better life together, and create more dignified value for our labor. In 2024, let us join hands to welcome the new era, the sun is shining, and the future is promising.