Launched in February, there are three good news about the pension, will there be an adjustment to the pension in 2024?
On February 1, the press office held a press conference, and the Ministry of Finance responded to the three good news about the pension insurance situation.
The first good news is that the balance of enterprise employee pension insurance** is close to 6 trillion yuan.
What is the concept of $6 billion?
According to the data provided by the Ministry of Human Resources and Social Security's "2022 Development Statistical Bulletin", the total expenditure of employee pension insurance in 2022 was 5.9 billion, with a cumulative balance of 56900 million, that is, in 2022, the employee pension insurance ** expenditure will be 5.9 billion, and the cumulative balance will be 56900 million, although the Ministry of Human Resources and Social Security has not yet announced the accurate figure of the balance of the pension insurance base in 2023, it is close to 6 billion, indicating that the pension insurance in 2023 will still exceed the expenditure, otherwise it will not use close to 6 billion.
According to the current level of pension treatment, even if there is no pension income for one year, the balance of nearly 6 billion yuan is enough for one year.
This means that the operation of employee pensions** has been maintained at a healthy level, and the overall income is greater than the expenditure, ensuring that the pension is paid on time and in full.
The second good news is that many parties are working hard to continue to increase financial subsidies for the elderly.
The funds for the pension** are mainly as follows: they are all included in the unit contribution component of the coordination**; Subsidies; interest income and investment income from the business entrusted to the management.
Among them, since 2016, the investment and operating income has exceeded 260 billion yuan, which has greatly enriched the entire **.
Now there is good news: in 2023, the first financial arrangement of pension insurance subsidy funds of about 1 trillion yuan, mainly for pension insurance income and expenditure difficulties in areas, to ensure that pensions are paid on time and in full.
With the strong support of the state and the guarantee of sufficient financial subsidies, the timely and full payment of pensions will receive greater support.
Third, the in-depth implementation of the national pension system has made the distribution of pensions more fair and reasonable.
Before the overall planning, the pension insurance has difficulties in the balance of the region, there are certain difficulties in the distribution of pensions, and the state adjusts the pension insurance of the provinces and cities, that is, the provinces and cities with surpluses lend money to the provinces with difficulties in balancing the pension funds.
From 2022 onwards, the pension insurance will begin to be coordinated nationwide, and the pension insurance of all provinces and cities will be placed in a common one, and the balance will be adjusted nationwide, and the funds will be used as a whole, which will make the adjustment of funds more convenient and fast.
According to the data released by the press office, in 2023, the overall adjustment of the use of pensions will reach 271.6 billion yuan, solving the problem of imbalance between regions and making the distribution of pensions more reasonable and fair.
A more representative example is the adjustment of the transitional pension calculation method in Jiangsu and Guangdong, which has completely changed the original pension calculation method, so that pensioners in different regions can enjoy more fair pension treatment.
Will pension adjustments continue in 2024?
China's pension series has lasted for a long time, from 2005 to 2023, it has been continuously increased for 19 years, and the per capita pension has increased significantly, and if it continues to increase in 2024, it will be the 20th increase in pensions.
**The press conference held by the press office on February 1 did not clearly mention this year's pension adjustment, but the signal released is positive, such as the cumulative balance of pension insurance, financial subsidies continue to increase, and pension insurance ** implements national overall planning, etc., which are the basic good news for pension adjustment.
The work reports of Henan Province and Shanghai City also mentioned the need to increase the pension benefits of retirees.
In addition, the economic development data for 2023 is also positive, with an economic growth of 52%, price ** 02%, per capita disposable income increased by 61%。
This article is purely a personal opinion, if the pension adjustment is ultimately subject to the official release.