The good news came that the first province to announce a pension increase in 2024 was born
China's basic pension system consists of two parts: resident pension and employee pension. Currently, the number of people known to receive pensions is about 300 million, of which 1700 million people receive resident pensions,1300 million people receive employee pensions, and after entering 2024, all pensioners are anxiously waiting for this year's pension adjustment.
Now, there is good news for pensions. Henan, a major province in the Central Plains, clearly announced that it will increase the basic pension benefits of retirees. If the dream of raising pensions is realized this year, how much is it expected to increase? Please see.
Henan will explicitly raise pensions in 2024.
On January 28, Henan Province **official** released the 2024 work report, which made pensioners overjoyed, and there was hope for pension adjustment in 2024.
In the work report of Henan Province, there is such a sentence written in black and white: increase the level of financial subsidies for basic pensions for retirees and basic medical insurance for urban and rural residents.
This shows that Henan Province has clarified the pension adjustment in 2024, and Henan Province has also become the first province to announce the pension adjustment in 2024.
Pensions include resident pensions and employee pensions, and the increase in pensions does not clearly indicate which type of pension is increased, so the increased pensions include pensions for urban and rural residents and pensions for employees (including organs and institutions).
At present, the minimum standard of basic pension for residents in Henan Province is 128 yuan per person per month, and last year, the per capita monthly pension of retirees of enterprises and government institutions increased by 119 yuan and 142 yuan respectively. After the pension is raised this year, the pension treatment will be higher.
Since the adjustment of employee pensions belongs to the unified action of 31 provinces and cities in the country, and the provinces cannot be adjusted separately, Henan took the initiative to put it forward, indicating that a consensus has been reached on this issue from top to bottom, otherwise there will be no report on Henan's pension benefits. With the passage of time, or more provinces will announce the adjustment of pensions, after all, there is not much suspense.
In terms of residents' basic pensions, due to the different situations in various provinces and cities, residents' pension insurance has not been co-ordinated, and local characteristics are strong.
According to past experience, the news of the final adjustment of the pension will be put forward at the two sessions in March, whether the news of the pension increase will be announced at the same time, the situation will be different over the years, it is possible that the news of the increase and the increase will be announced at the same time, and it is also possible to announce the news of the increase first, and then the increase will be handed over to the Ministry of Human Resources and Social Security, the Ministry of Finance for implementation.
Regardless of the increase, pensioners before the end of December 2023 will receive a new sum of money in their pension accounts this year, which is good news.
What is the expected increase?
Judging from the growth trend in recent years, it is very likely that this year's pension growth will not exceed 38%。Since 2005, the pension growth rate has been on a downward trend, going through a high growth phase and a low growth phase, especially in recent years, the growth rate has decreased significantly, from 5% to 3 last year8%。