In a corner of the community, Grandma Li is sitting on a community bench, chatting with her neighbors about the latest pension adjustment news.
At this time of year, a similar scenario plays out across the country: retirees are watching every change in pension insurance and hoping to understand how they can better organize their days ahead.
Before the Spring Festival this year, Grandma Li, like thousands of retirees, will usher in three additional funds - basic pension"Accounting for the difference", Old Age Allowance and Festival Allowance.
It not only adds substantial security to her life, but also brings full warmth and expectation to her mood. 
Current status of pension levels
The two sets of basic pension insurance systems implemented in China at the same time reflect that there is a considerable gap in the level of pensions between urban and rural areas.
According to the latest data, the monthly per capita level of basic pension for urban workers is close to 3,600 yuan, while the monthly per capita basic pension for urban and rural residents is about 200 yuan.
Although the differences are obvious, without exception, they all reflect the continuous care and support of the state for the well-being of the elderly. Pension adjustments in 2023
Pension for retirees of enterprises and institutions**: The adjustment in 2023 will allow the monthly per capita pension of retirees of enterprises and institutions to be 3The rate of 8%** continues the pension"19 consecutive gains"records.
Adjustment of basic pension insurance benefits for urban and rural residents: For example, the adjustment of Wuxi City, the basic pension for urban and rural residents will be raised to 645 yuan per month in 2023, which is not much, but it is enough to add peace of mind to the life of the elderly. 
As the Chinese New Year approaches, retirees will receive three financial gifts
About"The difference in basic pension accounting"In the case of Shandong, for example, it is assumed that a retiree should receive a retroactive amount of 38. per month due to the adjustment of the pension calculation base5 yuan, superimposed on the transitional pension of 1485 yuan per month, a total monthly increase of 5335 yuan.
In 10 months, the difference totaled 5355 yuan, this amount undoubtedly provides additional support for the expenses of the festival.
According to the local policy, the elderly aged 80 to 89 can receive an additional subsidy of 100 yuan per month, the elderly between 90 and 99 years old can receive an additional subsidy of 200 yuan per month, and for the elderly aged 100 and above, it is 500 yuan per month.
Such financial subsidies not only reduce the burden of the elderly, but also reflect the society's respect and blessings for their later life.
The distribution of festival fees, taking Hangzhou enterprise retirees as an example, can receive 1,200 yuan of festival fees during the Spring Festival, 800 yuan each for the Dragon Boat Festival and the Mid-Autumn Festival, a total of 2,800 yuan of holiday condolences, which significantly increases the joy of the elderly festival. 
From policy concerns to financial planning
In the face of pension adjustment and various subsidies, retirees should pay close attention to the relevant policy developments of local officials and make reasonable financial planning.
For example, consider depositing some of your funds in a fixed bank deposit or investing in a low-risk currency** to ensure a safe increase in the value of your funds.
For the additional subsidies received before the Spring Festival, it is recommended to set aside a portion as an emergency reserve fund, and consider investing in health insurance or saving for children's education** to achieve effective allocation of funds and long-term planning. On the eve of this Chinese New Year, we would like to extend our sincerest wishes to all retirees.
It is hoped that every elderly person can feel the sweetness of life and the care of society through these three upcoming funds, and at the same time, I hope that they can use these funds to lay a solid and safe foundation for their future.
May every elderly person have good health, a happy family and a happy life in the new year!