Pension recalculation is the recalculation of the pension of retirees. This usually occurs after the state or region adjusts the old-age security policy, such as increasing the pension calculation base, adjusting the pension calculation and payment ratio, etc. Through recalculation, it is possible to ensure that the pension benefits of retirees are commensurate with the level of economic and social development, and better guarantee their basic livelihood.
The calculation of the increase in the pension is not complicated, but there are many factors involved. Generally speaking, the increase in pensions mainly depends on the following factors:
Adjustment of the calculation and payment base: The state or region may adjust the calculation and payment base of the pension according to factors such as economic development and price changes. The higher the calculation base, the higher the pension treatment.
Contribution period and contribution ratio: The longer the individual contribution period and the higher the contribution ratio, the more pension he will receive after retirement. This is also the embodiment of the principle of "pay more and pay more, pay more for a long time" in the pension insurance system.
Policy inclination: For some special groups, such as elderly retirees, retirees in difficult and remote areas, etc., they may be given a certain preference in the policy to appropriately increase their pension benefits.
Take Aunt Zhang as an example, she has been paying pension insurance premiums on time before she retires, and the payment period has reached 30 years. Assuming that the pension calculation base is increased by 5% this year, and Aunt Zhang's payment period and payment ratio are in line with the policy, then her pension treatment will also be corresponding. The specific increase can be roughly calculated by the following formula:
Pension increase = (adjusted calculation base - calculation base before adjustment) Contribution ratio Payment period Cumulative number of payment months.
It should be noted that this is only a rough calculation formula, and the actual increase may vary depending on the region, individual circumstances and other factors.
When it comes to pension recalculation, retirees need to pay attention to the following regulations:
Social Insurance Law of the People's Republic of China: This law clarifies the basic principles and framework of the pension insurance system, which is the basic basis for the calculation and distribution of pensions.
Notice on the Adjustment of the Basic Pension of Retirees: This is a specific policy document issued by the state or region, which specifies in detail the key information such as the adjustment scope, adjustment method, and adjustment time of the pension. Retirees need to pay close attention to these policy documents in order to keep abreast of changes in their pension benefits.