The pension has risen for 20 consecutive years, and the government report has made it clear that it

Mondo Social Updated on 2024-03-05

For the majority of retirees, one of the topics that everyone is most concerned about during the two sessions every year is the issue of pensions.

Can this year's pension continue to be raised? Can pensions usher in 20 consecutive increases? The answer has been given in the report.

In the ** report held on March 5, the prime minister has clearly mentioned that the minimum monthly standard of basic pension for urban and rural residents will be increased by 20 yuan, and the basic pension for retirees will continue to be raised.

There are two meanings here.

Clause.

1. The basic pension of urban and rural residents will be raised by 20 yuan.

At present, there is no unified standard for the pension of urban and rural residents in China, and the basic pension of urban and rural residents is implemented by the provinces themselves, as for how much the basic pension is, and whether it can be raised, when it will be raised by the provinces themselves, so there are great differences in pension policies in different provinces.

Judging from the actual situation of each province in recent years, some provinces will be raised for many years, but some provinces may not be raised for many years.

The first report has made it clear that the basic pension of urban and rural residents will be raised uniformly, which means that the basic pension of urban and rural residents in various provinces should be raised by at least 20 yuan per month, so that it can be more than 240 yuan a year, of course, the financial strength of some provinces may be raised more.

Clause.

Second, the pension of urban workers and retirees will continue to be raised.

In the past 19 years, the pension of urban workers and retirees in China has ushered in 19 consecutive increases, and this ** report has clearly mentioned that continue to improve the pension treatment of retired seniors, and the retired elderly mentioned here are urban worker retirees, which means that the pension will continue to rise in 2024, and the pension will usher in 20 consecutive rises.

*The report only mentions continuing to increase the pension benefits of retired seniors, but as for when and how much it can be raised, **The report does not explicitly mention it.

However, referring to the actual situation of the past years, we might as well speculate on the specific progress of the pension increase in 2024.

1. How much will the pension be raised?

In recent years, China's pension increase has shown a downward trend as a whole, starting from 2016, the annual adjustment range is less than 10%, in recent years, 5% in 2020, and 4% in 20215%, 4% in 2022, and 3 in 20238%。

Referring to the trend of pension increases in recent years and the increase in wage levels in 2023, the increase in residents' **, the pension increase in 2024 should be between 3% and 4%.

2. The announcement time of the pension increase.

Judging from the actual situation in recent years, after the first report is clear, the Ministry of Human Resources and Social Security will introduce specific policies according to the actual situation and then announce them.

In recent years, the announcement time of the pension increase plan is basically in April or May every year, of which the announcement time in 2019 is March 20, the announcement time in 2022 is April 10, the announcement time in 2021 is April 7, the announcement time in 2022 is May 16, and the announcement time in 2023 is May 22.

If nothing else, the announcement for 2024 should also be between late April and mid-May.

3. The release time of the specific pension plan.

Every year, the Ministry of Human Resources and Social Security issued a pension adjustment notice is just a big guiding document, specific to different provinces will have a large difference, the provinces will refine the pension adjustment plan according to the actual situation of the province, from the fixed amount of adjustment, increase the proportion, the number of years linked, inclined adjustment and so on.

In accordance with the requirements of the Ministry of Human Resources and Social Security, after the Ministry of Human Resources and Social Security issued a notice, the provinces need to submit the specific plan of the province to the Ministry of Human Resources and Social Security within one month, and the Ministry of Human Resources and Social Security can be announced to the outside world.

If nothing else, the specific announcement time of the pension adjustment plan announced by the provinces this year should also be between June and July.

4. The time when the pension is in place.

As long as the provincial pension plan is set, the distribution time will be very fast, generally in the month or the next month after the pension adjustment plan is announced, the pension will be in place, according to this time inference, the pension repayment time in 2024 should be between June and August.

In short, the pension ushered in 20 consecutive rises will be a sure thing, everyone just need to be patient.

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