Pension has always been a topic of concern to everyone, especially for people facing retirement, understanding the policy and adjustment changes of pensions has a vital impact on their retirement life. With the continuous development of China's economy and the improvement of people's living standards, the pension system is also constantly improving and optimizing.
What is Pension? Pension refers to a kind of social welfare provided by the state to ensure the basic life of retirees. Generally speaking, pensions include basic pensions after retirement, personal account pensions and transitional pensions. Among them, the basic pension is the most important pension for retirees**, which is calculated based on factors such as the number of years of individual contributions, average salary and average social wage.
The specific contents of the "new regulations" for pensions are as follows:
1.Increase in basic pension: From January 1, 2023, the basic pension for retirees will be increased by a certain percentage. Generally speaking, the longer the retiree has worked with him, the greater the adjustment of the basic pension.
2.Raise personal account pension: Personal account pension refers to the funds in the personal account of retirees to pay for basic living expenses after retirement. According to the "new regulations", the personal account pension will be increased according to a certain percentage from January 1, 2023. The specific increase ratio will be determined according to factors such as the individual's payment period, payment base and payment ratio.
3.Strengthen pension investment and financial management: In order to increase the rate of return on pensions, the "new regulations" encourage retirees to invest in pension finance. Retirees can choose suitable pension investment products according to their risk appetite and investment needs, such as bank deposits, treasury bonds, **, etc.
Under the "new rules" of pensions, how much will the pensions of retirees with different "working years" rise?
For the retired elderly under the "new regulations" of pensions, "fixed adjustment, linked adjustment and appropriate tilt" are the basic adjustment principles, and the specific adjustment range will vary according to different "length of service" and pension levels. Here are some common scenarios and how much they can be adjusted:
1.15 years of "service" for retirees: If retirees have 15 years of service, the adjustment of the basic pension may be between 3% and 5%. The specific adjustment range will vary according to factors such as the level of economic development, pension level and average social wage in the area where the retiree is located.
2.25 years of "service" for retirees: If retirees have 25 years of service, then the adjustment of the basic pension may be between 5% and 7%. The specific adjustment range will vary according to factors such as the number of years of contributions, the payment base and the contribution ratio of the retired elderly.
3.The "length of service" of the retired elderly is 30 years: if the retired elderly have 30 years of service, then the adjustment of the basic pension may be between 7% and 9%. The specific adjustment range will vary according to factors such as the number of years of contributions, the payment base and the contribution ratio of the retired elderly.
It should be noted that the above adjustment range is for reference only, and the specific adjustment range will vary according to factors such as the level of economic development, pension level and average social wage in the area where the retired elderly are located. In addition, the "new regulations" will also increase the pension of personal accounts and encourage pension investment and financial management, which will also have a certain impact on the pension of the retired elderly.
We also need to realize that the adjustment of pensions should not only take into account the individual's situation, but also the level of economic development and financial affordability of the whole society. Therefore, the magnitude and frequency of pension adjustment may be limited to a certain extent.
In addition to the adjustment of basic pensions and personal account pensions, the "new regulations" on pensions also encourage retirees to invest in pension finance. Pension investment and financial management refers to retirees by purchasing suitable investment products, such as bank deposits, treasury bonds, etc., to increase their pension income. Under the "new rules" on pensions, retirees' pensions can maximize returns by purchasing suitable investment products.
The adjustment of pension is an important social welfare policy, which is related to the quality of life and social stability of the vast number of retirees. With the continuous development of China's economy and the continuous improvement of the pension system, the adjustment of pensions will be more accurate and scientific, providing better protection for the majority of retirees. At the same time, we also need to realize that the adjustment of pensions is only a part of retirement life, and retirees also need to pay attention to physical health, reasonable financial planning, and strengthen social security to cope with the benefits and challenges brought by pensions.