The basic pension will be raised by 4%, and various localities will take measures to ensure timely and full payment.
In the past July, many provinces intensively issued notices to raise the basic pension for retirees. Up to now, 31 provinces (autonomous regions and municipalities) and Xinjiang Production and Construction Corps have all presented their plans. Will the deferred pension insurance policy introduced since April affect the pension benefits of relevant personnel? In the next few years, we will enter the peak period of retirement. How to ensure that pensions are paid in full and on time?
An overall increase of 4% will benefit more than 130 million retirees.
In May this year, Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued a notice, clarifying that from January 1, 2022, the basic pension level will be raised for retirees who have gone through the retirement formalities according to regulations and received the basic pension on a monthly basis before the end of 2021, and the overall adjustment level will be 4% of the monthly basic pension for retirees in 2021.
Xinhua Viewpoint reporter found that up to now, 31 provinces (autonomous regions and municipalities) and Xinjiang Production and Construction Corps have issued specific plans.All localities have adopted a combination of quota adjustment, linked adjustment and appropriate tilt, and required that the increased pensions be paid in place before the end of July.
It is understood that the quota adjustment mainly reflects the principle of social equity, and the amount of adjustment in different provinces ranges from 20 yuan to 60 yuan. In Guangdong, for example, retirees receive a monthly increase in 28 yuan.
The adjustment of hook reflects the incentive mechanism of overpayment and overpayment. Taking Jiangxi as an example, if the adjustment is linked to the payment period, the retirees with the payment period of 15 years or less will be increased by 16.5 yuan per month, and the 1.1 yuan adjustment will be increased every full year for those with more than 15 years; If it is adjusted according to the basic pension level, each person will increase by 1.23% of his basic pension in December 2021.
Appropriate tilt of the policy reflects the key care for the elderly, retired military cadres from enterprises and retirees in hard and remote areas. For example, Heilongjiang will increase the 30 yuan for each elderly person aged 70 to 79 per month; Older people over the age of 80 will receive additional 40 yuan per month; For retirees in hard and remote areas, 5 yuan, 10 yuan and 15 yuan will be added separately according to regional categories.
"Raising pensions, an important measure for people’s livelihood security, will benefit more than 130 million retirees." Zheng Gongcheng, president of China Social Security Society, said.
The phased holdover policy does not affect the timely and full payment of pensions.
In order to help enterprises tide over difficulties, stabilize employment and protect people’s livelihood, this year, China has implemented a phased policy of delaying the payment of social insurance premiums for five enterprises in extremely poor industries, 17 enterprises in other industries and small and medium-sized enterprises in areas seriously affected by the epidemic; For individual industrial and commercial households and all kinds of flexible employees who participate in the basic old-age insurance for enterprise employees in their personal capacity, if it is difficult to pay the fees in 2022, the payment policy can be voluntarily suspended until the end of 2023.
The phased deferred payment of social insurance premiums has reduced the current income of pension funds, will it affect the implementation of the pension policy in 2022?
"The policy of deferred payment of social insurance premiums has been carefully calculated and the fund can bear it, which can ensure that pensions are paid in full and on time."Qi Tao, deputy director of the Department of Endowment Insurance of the Ministry of Human Resources and Social Security, said that in particular, increasing financial support for provinces with difficult funds, more than 120 billion yuan of funds have been paid in the first half of the year, effectively balancing the inter-provincial fund burden.
From the accounts, according to the data of the Ministry of Human Resources and Social Security, at the end of March, the annual income and expenditure scale of the national basic old-age insurance fund reached 12.6 trillion yuan, and the accumulated balance exceeded 6 trillion yuan. The fund was generally stable, and the overall income exceeded the expenditure. It is guaranteed that pensions will be paid in full and on time.
At the same time, the central government’s financial subsidies continue to increase, earmarked to ensure the payment of basic old-age benefits. According to Guo Yang, deputy director of the Social Security Department of the Ministry of Finance, in 2021, the scale of subsidies for the basic old-age insurance fund arranged by the central government has reached about 900 billion yuan, and it will further increase in the future.
Deepening reform and promoting the basic old-age insurance system to be more sustainable
In the next few years, with the baby boomers reaching retirement age in 1960s, the number of pensioners will increase. Some young people are worried about the sustainability of pension increase and whether their own pension insurance benefits can be guaranteed in the future.
"The Social Insurance Law clearly stipulates that the level of basic old-age insurance benefits should be raised in a timely manner according to the average wage increase and price increase of employees." Zheng Gongcheng said that China has established a reasonable adjustment mechanism for retirees’ basic pension. The general principle is to do our best and do what we can, and to improve the level of security on the basis of sustainable economic and financial growth.
At the same time, China continues to deepen reform and optimize the system to ensure the long-term sustainability of the basic old-age insurance system.
By the end of 2021, the number of people participating in the basic old-age insurance for urban workers exceeded 480 million, an increase of 24.53 million over the end of last year. "China is promoting the liberalization of household registration restrictions for flexible employees, allowing 200 million flexible employees to participate in basic old-age insurance for employees in their places of employment, and there is more room for expanding the coverage of the basic old-age insurance system for enterprise employees." Zheng Gongcheng said.
Improving the overall planning level is also accelerating. From January 1, 2022, the basic old-age insurance for enterprise employees was officially implemented nationwide. Up to now, the national integrated information system of basic endowment insurance for enterprise employees in most provinces has been put into operation.
"The funds will help each other across the country, which is conducive to giving play to the scale effect of the fund and enhancing its support capacity. This has solved the structural contradiction of the fund in the system, and the pension payment in difficult areas is more secure and the pension system is more sustainable. " Tao Tao said.
As a supplement to the basic old-age insurance, the personal pension system was also launched in April this year. The Ministry of Human Resources and Social Security is working with relevant departments to formulate supporting policies and determine pilot cities for individual pension system.
"The endowment insurance fund is entrusted by the people to the state management ‘ Life-saving money ’ . We will take multiple measures to manage and use the endowment insurance fund well and let hundreds of millions of elderly people have a sense of security. " Tao Tao said.
