In January 2024, a new regulation on pensions made countless people cheer. The Ministry of Human Resources and Social Security has issued a series of policy measures aimed at improving the level and coverage of pensions.
These policies not only reflect the reform and innovation of China's social security system, but also benefit some special groups of people.
1. The pension will be raised to benefit all retirees
In 2024, the basic pension of retirees in enterprises, government agencies and institutions will be adjusted nationwide.
The average for this adjustment is 65%, the highest in recent years. This means that there will be a significant increase in the pension of every retiree. According to statistics, the number of retirees involved in this adjustment has reached 1800 million, the total amount of pensions involved reached 24 trillion yuan, which is a staggering number.
The principle of this adjustment is to take into account fairness and incentives, and reflect differentiation and gradient. For example, for monthly incomeLess than 2,000 yuanof retirees, each per monthIncrease by $100；ForThe payment period is more than 35 yearsof retirees, each per monthIncrease by $50；ForWestern regionand retirees from poor areas, each monthIncrease by $30；ForRetired before 1985old comrades, each per monthIncrease by $20
Second, pension treatment, to achieve urban and rural integration
The unification of the basic old-age insurance system for urban and rural residents has been fully implemented. This is a major reform of China's social security system and a historic leap forward.
The core of this reform is that the distinction between the original basic old-age insurance for urban residents and the new type of rural social old-age insurance has been abolished, and a unified basic old-age insurance system for urban and rural residents has been established. The peculiarities of this system are:According to the status of residents to participate in the insurance, the combination of individual payment and subsidy, to achieve the same treatment of urban and rural residents.
3. Pension contributions, and expand the scope of participation for flexibly employed persons
From 2024 onwards, flexible employees who have not participated in the basic pension insurance for employees can voluntarily participate in the basic pension insurance for urban and rural residents and enjoy national and local subsidy policies.
The introduction of this policy is a positive adaptation to the new economic form and new employment form, and it is also a full respect and guarantee for flexible employment personnel. This policy is characterized by:According to the individual's wishes, the combination of individual payment and subsidy realizes the old-age security of flexible employees.
Fourth, pension management, to promote the investment and operation of social security
The Ministry of Human Resources and Social Security said that it will further promote the investment and operation of social insurance, and improve the income level and value preservation and appreciation ability of social insurance.
According to the data of the Ministry of Human Resources and Social Security,By the end of 2023, the cumulative realized rate of return on investment and operation of social insurance** was 82%, much higher than the bank deposit rate and inflation rate over the same period. This means that the investment and operation of social security ** not only preserves the principal, but also earns interest, providing more security for the payment of pensions.
5. Pension services, improve the function and application of social security cards
The Ministry of Human Resources and Social Security announced that it will further improve the function and application of the social security card, so that the social security card can become a convenient tool in people's lives.
Through mobile phones, computers and other terminals, the seamless connection between online and offline is realized, so that people can enjoy social security services anytime and anywhere. For example, people can check their pension accounts, payment records, benefits and other information through social security cardsThrough the social security card*** social security business, such as application, change, loss report, etc., there is no need to run multiple windows, saving time and energy.
Jingshu Comments:Although there are still many difficulties and challenges in the process of improving the social security system, we can see that China's social security system is in the process of improving the social security systemConstant reform and innovationWe have the confidence and determination to make the social security system more perfect and advanced through unremitting efforts and exploration!