If the pension rises in 2024, is it still linked to the length of service? Does 30 years of service

Mondo Social Updated on 2024-02-04

Since 2024, there has been a steady stream of positive news on the issue of pension adjustments.

The Ministry of Human Resources and Social Security and the Ministry of Finance have successively released data showing that the current operation of China's social security is stable as a whole, the number of insured people continues to grow, the scale of the balance continues to expand, the scale of capital operation and investment has increased significantly, and the national financial subsidies are also increasing.

These positive factors provide a policy basis and space guarantee for continuing to moderately raise the pension of retirees this year.

So if the pension in 2024 is **, is it still linked to the length of service? 30 years of service** more?

The adjustment method will continue to take into account the length of service

The pension adjustment method in these years is relatively fixed, and it is usually considered in three ways: fixed adjustment, linked adjustment and inclined adjustment.

Among them, the peg adjustment clearly states that it should be with"The number of years of pension contributions (or years of service) and the level of pension of the person"Hooked up.

The length of service is the length of service, so the length of service will still be used as an important basis for pension adjustment.

For example, last year's pension adjustment plan in a certain place stipulated that the linked adjustment part could be increased by 1 for every 1 year of service2 yuan, the increase in the pension level is 15%。

This means that the longer a retiree has been working, the more the increase will be received.

Long years of service is not equal to the most

However, a long length of service does not equate to the maximum eligibility for a pension increase.

Some retirees with shorter years of service but a higher pension contribution base may actually receive a higher level of pension than those with longer years of service. In addition, it is necessary to consider the situation in which the preferential policy is enjoyed.

Assuming that the elderly have worked for 20 years, due to the nature of the occupation and regional differences, their pension payment base is high, and the average salary in the first 3 years of retirement is nearly 20,000 yuan, according to 15% calculation, its pension is about 3000 yuan;

b The elderly have worked for 30 years or more, and the average salary before retirement is 1About 50,000 yuan, press 15% calculates, and its pension is about 2250 yuan. Neither enjoyed the tilt.

Based on the above pegging adjustments and assumptions, a The upward revision available to older people is about:

Quota adjustment of 50 yuan + length of service according to 20 years 12 yuan + pension at 3,000 yuan 15%= $119;

b Seniors can get about $105. Therefore, the A with a shorter service can get more upward adjustments.

Enjoy the tilt and adjust it more

In addition, we need to consider whether retirees have benefited from the tilt adjustment policy. For example, for employees who are disabled due to the nature and conditions of their work, they will be given a certain preference for the disabled;

Female employees will increase a certain gender tilt after retirement; There will also be additional increases for the elderly.

If only A of A and B enjoys the old age tilt (e.g., an increase of 50 yuan), then the total increase of A will reach 119+50=169 yuan, which is much higher than B's 105 yuan.

Determine the extent of the adjustment based on a combination of factors

It can be seen that in the pension adjustment, the length of service is not the only criterion.

Comprehensive factors such as the actual level of individual contribution wages and the preferential policies enjoyed will have an important impact on the final increase obtained.

Therefore, retirees who have worked for 30 years or more do not necessarily receive more pension adjustments than those who have worked for a shorter period of time.

It is necessary to make a comprehensive judgment based on the specific adjustment plan of the local area and the actual situation of the individual, so as to determine the amount of the increase that may be obtained.

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