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The second session of the 14th National People's Congress was also officially held today, and the first work report at the meeting determined that the basic pension of retirees will continue to be adjusted in 2024, and the basic pension insurance pension for urban and rural residents will be increased by 20 yuan on its basis. This is also the first big red envelope issued by the state since the start of the Spring Festival, although most people cannot meet the conditions for the time being, but the future can be expected. In the case of fiscal expansion, the economic situation will also accelerate the transformation to benefits, after a year of hard work, there is still some distance from the pre-epidemic wage level, but the pension is still steadily increasing, and its ability to resist risks has been further improved. 
At the end of 2022, the number of retirees of the basic pension insurance for urban employees in the country will reach 136.44 million, the expenditure of pension insurance in the same year will be 5,903.5 billion yuan, and the pension level of retired employees in the country will reach 3,600 yuan per month, of which the pension of retired employees in the territory will reach 9,977 yuan per month. As of the end of 2023, China's employee pension insurance has achieved 19 consecutive increases, and the second session of the 14th National People's Congress has also announced that 20 consecutive rises are within reach. There are three main ways to adjust the pension, and I hope that everyone can have a clearer understanding of the adjustment of the basic old-age insurance system for urban and rural residents in China. 
Quota adjustment: that is, in a general scope, the pension level of all eligible people is adjusted uniformly, regardless of the level of pension enjoyed by retirees, are adjusted in accordance with the national, provincial (municipal) plan and paid in full, such as the second session of the 14th National People's Congress, where the conditions are met, regardless of the level of pension, on the basis of which the monthly increase of 20 yuan; Linked adjustment: First of all, we must clarify a concept, the linked rate refers to the pension increase and the level of economic development is linked, there are generally two kinds, one is to link the basic pension, the adjusted number multiplied by the basic pension of the month is the increase amount, for example, Hubei in 2022 pension linked rate of 12%, down 005% for 115%。The other is linked to the payment period, such as the basic payment period is 15 years, on this basis, for every 1 more year, the basic pension of X yuan will be increased, which mainly reflects the principle of fairness and justice, overpayment and long-term payment; 
Appropriate inclination: First, regional policy inclination (as above); The second is the tilt of special groups, mainly for preferential care objects, economic poverty, and the elderly, who enjoy the other two adjustments on the basis of the basic pension at the same time, and according to the different regional policies, additional pension treatment subsidies. At the end of 2022, the "Notice" issued by the Ministry of Human Resources and the Ministry of Finance clearly stated that retirees aged 70 to 74 will receive an additional 25 yuan per month on the basis of the basic pension, and retirees aged 75 to 79 will receive an additional 30 yuan per month on the basis. It can be seen that China's first is still more concerned about the life of the elderly, and under the condition of financial expansion, it is still a relatively stable choice to continue to improve the basic old-age insurance treatment of urban and rural residents. 
According to data released by the National Bureau of Statistics in 2023, the per capita disposable income of Chinese residents will increase by 63%, a year-on-year increase of 71%, while pensions grew by 38%, and at the same time, only 8 of the 31 regions in the country (except Hong Kong, Macao and Taiwan) have an elderly inclination of less than 19 yuan, of which Xinjiang is less than 10 yuan (but people have regional subsidies). The continuous increase in pensions from 2005 to 2020 was completed under the premise that the economic situation was good and the GDP developed with high quality and quantity. 
In the three years of the epidemic, in order to ensure the quality of life of the people, the national financial expenditure on people's livelihood has increased significantly, and even under such circumstances, the state still insists on the continuous and steady improvement of social security benefits for urban and rural residents, and takes the maintenance of people's livelihood as the starting point and the end point to protect the basic rights and interests of the elderly. In March 2024, the Ministry of Human Resources and Social Security made it clear that it will continue to increase investment in people's livelihood this year and accelerate the completion of shortcomings; Coordinate the national pension insurance** and support the distribution of pensions in difficult provinces. ConclusionAccording to the past experience and the current situation, there is no doubt that the amount of pension insurance benefits this year has risen 20 times, and the specific increase remains to be seen. If there is news, the author will send it out as soon as possible, so we'll see you next time! Part of the information in this article is on the Internet, if there is any infringement, please contact to delete!