In 2024, will the pension of retired civil servants of government institutions be increased?

Mondo Social Updated on 2024-02-02

In 2024, will the pension of retired civil servants of government institutions be increased?

Civil servants who will retire from the government in 2024. Will the pension be higher? "2024 is a very special year, because 2024 is the last year of the transition period for the middle people of government institutions and institutions, from September 2014 to September 2024, these 10 years are the middle period of government institutions and institutions, so if you retire after October 2024, then the new method will be used in the calculation of pensions. "Calculation method: To determine and calculate the pension, in fact, this calculation method is actually the same as the pension calculation method of retirees in our company.

Of course, it is not necessary that everyone's pension will be higher, and it is impossible to give a standard answer, because everyone's pension treatment may be different. For example, some people may have a relatively long length of service, more than 30 years or even more than 40 years. In addition, they have a certain position, and their occupational pension treatment, including the salary during the job, including their own job title and other aspects, are very good, then they can definitely get a relatively high pension after retirement, they will not be affected by the intermediary transition period, on the contrary, they may be newcomers, and the result of calculating the pension in another way may be higher.

From October 2014, these institutions will establish an occupational pension system for employees. With this occupational annuity is equivalent to an additional supplementary pension, for example, your social security pension is 8,000 yuan per month, then with an occupational annuity may be able to increase by two or three thousand yuan per month, and finally the total pension treatment in your hand will exceed 10,000 yuan. However, there is an essential difference between occupational annuity and social security pension. Occupational annuities do not enjoy annual increases, while social security pensions can enjoy annual increases.

The occupational annuity is not able to receive a pension for life, with your personal account after the conclusion comes out, you will no longer enjoy the treatment of the occupational annuity, but our pension is not the same, the pension does not have the problem of your personal account receiving the conclusion, because even if your personal account receives the conclusion when you can also enjoy the treatment of the overall account, so as a government institution Therefore, as a government institution, the level of retirement pension is higher than that of most people, Because the average is inherently high. Although this year is the last year of the transition period for government agencies and institutions, it will not have much impact on most groups, so you can rest assured.

If you successfully retire during the transition period (i.e. September 2024), you can still calculate your pension using a combination of the old and new methods. If the pension calculated by the old method is higher, you can use the old method, which is a good advantage, and you can also get a transitional compensatory pension treatment.

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