Time flies, and half of the 2024 Spring Festival holiday in the Year of the Dragon has passed in the blink of an eye. Many retired old friends have already received their pensions in February, such as Tianjin, Beijing, Shanghai, Chongqing, Anhui and other places have generously distributed pensions at this time, so that retirees have spent a very rich New Year. In some areas, retirees are even given additional holiday allowances, which makes them happy and enjoy a happy Spring Festival in advance. On this celebratory occasion, there is also exciting news on the pension front. As of press time, at least three places have finalized pension adjustment plans for 2024. So, what are the three places? For those born in 1954, will they be able to benefit from the old age tilt policy? Let's take a look.
Retired friends can't wait to find out which three places announced the good news. Now I can boldly tell you that these three places are Sichuan, Shanghai, and Henan. Let's take a closer look at the pension adjustment information published in these three places.
Sichuan is a large province with a large population, and it is also a province with a large pension population. According to the data released by the Sichuan Provincial Social Security Department at the end of 2022, by the end of 2022, the number of employees retired had reached 10.06 million. Considering the current situation of aging in our country, although the number of retirements in 2023 has not yet been announced, it is likely that there will be more than in 2022. Retirees in Sichuan must have been very happy to hear the news of the pension adjustment.
According to the "2024 Provincial Implementation Plan for 30 Practical Matters of People's Livelihood" issued by Sichuan Province in early February, Article 13 clearly mentions the adjustment of pensions in 2024. The plan is to "raise the level of pension benefits" and ensure that pensions for retirees and pension insurance benefits for urban and rural residents are paid on time and in full. In addition, there are detailed provisions on the funding plan, and the allocation of funds for the pension adjustment plan amounted to 1,151600 million yuan. This is not only a qualitative explanation of the adjustment of the pension, but also a quantification of the adjustment amount of the pension, showing that the pension increase is basically determined.
In 1As 300 million retirees rejoice in the New Year, they must be particularly happy to learn such clear and concrete good news.
Henan Province, as a province with a large population, had 5.35 million retired workers in 2021. The adjustment of pensions has a far-reaching impact on retirees in Henan. According to the relevant report, Henan Province has made it clear that it will "raise the financial subsidy standard for the basic pension of retirees". Although there is no direct description of the pension**, the purpose of raising the financial subsidy standard is undoubtedly to improve the pension treatment of retirees.
Shanghai, as an economically developed region and economic center, although it is a municipality directly under the central government, still has a large number of retirees, reaching 4.74 million as of 2021. It can be seen that the pension adjustment also has an important impact on retired workers in Shanghai. According to the relevant report of Shanghai, in the pension adjustment in 2024, it will "coordinate the adjustment of pension and other people's livelihood security treatment standards".
Judging from the descriptions of the pension changes in the three provinces and cities in 2024, it can be clearly felt that the pension will achieve 20 consecutive increases in 2024, which is already a sure thing.
For most regions, the age requirement to enjoy the Age Tilt is 70 years of age or older. It should also be noted that the cut-off date for the definition of 70 is the end of December of the previous year. In other words, only those who have reached the age of 70 by the end of December of the previous year will be able to enjoy the preferential treatment of the old age tilt policy.
So, how old will people be in 2024 for those born in 1954? Some people may think that it is 70 years old, but in reality, this view is inaccurate. For example, if you were born in January 1954, you will only be considered to be 70 years old until January 2024, which does not meet the requirements of the old age tilt policy. Therefore, only those born in 1953 and before will be able to enjoy the benefits of the old age tilt policy.
Taking Henan Province as an example, the age threshold for enjoying the advanced age tilt in 2023 is 70 years old. In 2024, it is likely that this policy will not change, after all, most provinces and cities require to reach the age of 70 by the end of December of the previous year to enjoy the old age tilt policy.
It can be inferred from this that only those born before the end of December 1953 will be able to benefit from the adjustment of the old age. For those born in 1954, because they are not yet 70 years old, they will not be able to enjoy the preferential treatment of the old age tilt policy.
Sichuan, Henan, and Shanghai have recently released the news of pension adjustments in 2024, which undoubtedly brings great comfort to retirees. The exact details of the adjustments and the extent of the adjustments will take some time to be revealed. Special attention needs to be paid to whether retirees born in 1954 will be able to enjoy the preferential treatment of old age. If the eligibility criteria for the advanced age tilt were set at 70 years, those born in 1954 would not be able to enjoy this treatment. This is indeed exciting news!