The Lunar New Year is about to usher in, and many places have also announced the early payment of pensions for the elderly. However, some areas such as Shanghai, Hangzhou, and Ningbo will also issue a one-time holiday fee for the elderly, hoping that the elderly can have a stable and peaceful Spring Festival.
After the Spring Festival, the exact news of the pension adjustment in 2023 will soon be ushered in. Although Henan Province has clearly continued to adjust the pension of retirees in the first work report, it still lacks a reassuring pill at the national level. Generally, in the ** work report or the financial budget announced in March, the pension adjustment news in 2024 will be mentioned.
Then wait until May, the Ministry of Human Resources and Social Security and the Ministry of Finance will jointly issue a notice on pension adjustment, clarifying how much the pension will rise this year? How to rise?
In 2023, the overall level of pension adjustment for the retired elderly will be 38%。Take a closer look at the level of pension adjustments over the years. Since 2016, the pensions of enterprises and institutions have been uniformly adjusted. For eight consecutive years before 2016, the pension adjustment level for corporate retirees was 10%.
The level of pension adjustment starting in 2016 is 65% compared to 5 in 20175%。From 2018 to 2020, it remained stable at 5% for three consecutive years. In 2021 and 2022, it will be reduced to 45% and 4%. According to the above laws, there is no historical experience in the increase in the range of pensions. So, if there are no special circumstances, the increase is more than 38% is unlikely.
However, according to the provisions of the "Social Insurance Law", it is necessary to increase the level of basic old-age insurance benefits in a timely manner according to the increase in wages and prices of employees. According to the figures released by the National Bureau of Statistics, the wage income in the disposable income of Chinese residents in 2023 will be 22,053 yuan, an increase of 7 over the previous year1%。Comparatively, the growth in 2022 is only 49%。
But then again, the nominal growth rate of per capita disposable income of Chinese residents in 2023 is 63%, deducting the ** factor, the real growth rate is 61%。However, in 2022, the disposable income of Chinese residents will increase by 5% in nominal terms, and the real growth will be 29%。That is, prices in 2023 have increased by 02%, while prices in 2022 increased by 21%。
Therefore, if this year the pension grows by 38%, which will definitely be an increase of 3 from last year8% is much more cost-effective.
Pension adjustment is not about increasing the same amount of pension money for everyone, or increasing the same pension ratio for everyone. Instead, it combines three ways: quota adjustment, peg adjustment, and appropriate tilt.
The quota adjustment is to increase the same pension for everyone, for example, in Shandong Province in 2023, the quota will increase by 41 yuan. This part of the adjustment is a "welfare" for people with lower pensions. Because the pension of 1000 yuan increased by 41%, while the pension of 8200 yuan increased by only 05%。For the ability to maintain and increase the value of pensions, it is definitely more inclined to low-income people.
The adjustment is mainly divided into linked to the number of years of payment and linked to the level of pension, which mainly reflects the overpayment and long-term payment, after all, the pension insurance needs a sustained and stable income to maintain the balance. The longer the payment period, the more cost-effective the pension treatment is, and the more cost-effective it will be when it increases. Especially in many provinces such as Shandong Province, Jiangsu Province, Jilin Province, etc., the increased standard will be higher for employees who have paid for more than 40 years.
Adjusted according to the level of pensions, this part is to support the high base contributors. After all, in addition to this part, the other parts cannot reflect the benefits of a high base.
The tilt adjustment focuses on the policy of skewing care for the elderly over 70 years old and the elderly over 65 years old in some areas. Because these elderly people retire early, the average salary used to calculate the pension is low, and the relative pension is also low. So it will be appropriately tilted to take care of some.
The following is a summary of the pension adjustment plans of various provinces in 2023, I hope you can understand it.