After 19 consecutive years of growth, what will be the direction of pensions in 2024? On January 24, 2024, the relevant information of the Ministry of Human Resources and Social Security was released, and the personal pension system is operating steadily in 36 cities and regions, and the number of insured people and the income and expenditure of social security have shown a steady growth trend. Since then, hopes for a pension increase in 2024 have begun to ignite. And on January 28, Henan** dynamically released an important signal.
The official website of Henan Province published a work report, which clearly stated that in 2024, the basic pension of retirees and the basic pension insurance for urban and rural residents should be improved. This move undoubtedly sends a clear message to us – a nationwide pension increase is almost a foregone conclusion. 02 Behind the pension increase, who will be the biggest winner?
First, the retirement group with long working years. Those who have paid pensions for a long time have actively reserved pension funds while also contributing to the country's social security. In order to repay their efforts, ** will also give them more benefits.
Secondly, the longer the payment period, the higher it can be to a certain extent, which also reflects the rewards and incentives for those who continue to pay.
Second, there are elderly retireesAs we age, the cost of living increases, and older retirees require extra care. According to the latest revision of the Measures for Basic Pension Insurance for Urban and Rural Residents in Shanghai, from May 1, 2024, the elderly aged 70 and 80 will enjoy more inclined treatment.
Specifically, for those who receive pension insurance benefits for urban and rural residents in the city, who are 70 years old but less than 80 years old, the basic pension will be increased by 10 yuan per month; For those who have reached the age of 80, the basic pension will be increased by another 10 yuan per month, for a total increase of 20 yuan. After May 1, 2024, seniors who have reached the age of 70 or 80 will automatically enjoy the relevant benefits from the month following their age, and do not need to apply in person.
The third category: low-income retirees have low incomes and difficult lives, and will improve their pension benefits in various ways. For example, Ningxia, Hebei and Shanxi proposed to increase the basic pension of urban and rural residents. For urban and rural residents, no matter how much the amount is, this is also good news.