For retirees in the system, will the pension be reduced after the end of the transition period in 2024?
With the development of our country, the pension insurance system is also constantly reforming and improving. Recently, the pension insurance system has become a topic of concern for everyone. To put it simply, the pensions of workers in the system are not the same as the pensions of ordinary citizens, and now they must be unified into one system. In this way, everyone is on the same starting line, which seems to be fair.
However, there is a problem in this regard, namely that the different calculation methods lead to inconsistent amounts of pensions received. In order to solve this problem, the State has established a 10-year transition period. What is the pension situation of pensioners in the system after the end of the transition period?Let's talk about it today.
Over the past decade, the State has adopted two options for a smooth transition. First, the old method is inferior to the new method, and second, the old method is better than the new method.
For those who are not as good as the old way and the new way, such as Mr. Zhang, you don't have to worry about the pension being reduced, because the state has been increasing your pension, so you can retire with peace of mind.
However, if, as in the case of Aunt Li, the pension of the old method is higher than the pension of the new method, then after the transition period is over, the pension must be calculated according to the new method. Once calculated according to the new method, Aunt Li's pension may be much lower.
Others asked: Will the people in this system suffer a lot of losses after the merger with stable jobs, high incomes, and good benefits?
Let's look at the characteristics of pensioners in government institutions and institutions, their strong work continuity, long payment time, high payment base, and supplementary occupational pension. These favorable conditions allow them to maintain a high level of pension after the merger. Even if their pension is calculated according to the new method, their pension will not be reduced too much.
In addition, the gap between the pension of the vast majority of people and the results of the old method is small. As a result, the pension of institutional pensioners remains guaranteed after the consolidation.
Let's break down the content of this new approach. The calculation method of the new measures takes into account factors such as wage growth rate, payment period, and cumulative savings in personal accounts, which is relatively more scientific and reasonable.
Therefore, those who have been paying for a long time and have a high contribution base can receive a higher pension!And those who only care about immediate interests and are not willing to pay for a long time will have a relatively small pension. This will motivate people to participate more actively in pension contributions.
Of course, pension reform is not something that can be completed overnight, and it requires everyone to work together to ensure a smooth transition. **It is also necessary to increase publicity efforts to let everyone understand the meaning and benefits of merging, and enhance the confidence and sense of identity after retirement. Only in this way can our pension system be better, fairer and more sustainable.
Let's review the main points of today's conversation. Pension reform aims to achieve fairness and sustainability in the pension system. Although differences in calculation methods can lead to inconsistencies in the amount of pension payments, the state has established a 10-year transition period to ease the transition.
For pensioners in the system, due to their strong continuity, long payment period, high payment base, supplementary occupational annuity and other reasons, their pensions are still guaranteed after the merger and can maintain a high pension level. So we don't have to worry!
Finally, I would like to say that we will all grow old and need to be covered by pension insurance. Therefore, each of us must take seriously the reform of the pension system.
Whether it is the state, enterprises or individuals, they must actively participate in the payment and accumulation of pension insurance to lay a solid foundation for their future. Only in this way can our society be more harmonious, more stable and better!