Pensions have gone up again! Who can go up? How much did it go up?

  Chinanews. com client Beijing December 12 (Reporter Li Jinlei) Recently, pensions have risen again! The increase in money this time is the basic pension for urban and rural residents.

  Pension comics. Author: Wang Shanshan

  The basic pension for urban and rural residents nationwide has been raised.

  This year’s government work report proposes to raise the basic pension for retirees and raise the minimum standard of basic pension for urban and rural residents.

  Retirees’ pensions rose first, rising by 5% this year. At present, they have risen and been reissued, benefiting more than 120 million retirees. Nowadays, the basic pension for urban and rural residents is rising.

  What is the basic pension for urban and rural residents? To participate in the old-age insurance for urban and rural residents, the treatment consists of two parts: basic pension and personal account pension. The basic pension consists of the minimum standard of basic pension determined by the central government, the basic pension raised by local governments and the basic pension with additional years.

  Previously, the minimum standard of basic pension determined by the central government was 88 yuan per month. According to the information released by the Ministry of Human Resources and Social Security through the Chinese government website recently, at present, the minimum standard of basic pension determined by the central government is 93 yuan per month, and the level of basic pension raised varies from place to place.

  Social security card data map. Photo by Sun Hongyi

  Basic pensions for residents in many places ushered in an increase.

  After the national minimum standard of basic pension for urban and rural residents was raised, from the local level, recently, the basic pension for urban and rural residents in many places including Shandong, Fujian and Shenzhen ushered in an increase.

  Among them, Shandong announced that from July 1, 2020, the minimum standard of basic old-age insurance for residents in the province will be raised from 118 yuan to 142 yuan per person per month, that is, the 24 yuan will be raised per person per month.

  Fujian Province proposed that the minimum standard of basic old-age pension for urban and rural residents in Fujian Province will be raised from July 1st, from 123 yuan per person per month to 130 yuan.

  Shenzhen also announced to raise the basic pension standard for residents’ basic old-age insurance. Since January 1, 2020, if the insured who receives the pension has less than 8 years of household registration in this city, the basic pension will be raised from 302 yuan per month to 322 yuan; The basic pension has been raised from 453 yuan per month to 483 yuan since the month following the eighth anniversary of the city’s household registration.

  Data map of endowment insurance for urban and rural residents. Photo by Fion Sun

  Shanghai has the highest basic pension for urban and rural residents.

  Previously, Shanghai adjusted the basic pension standard for urban and rural residents’ old-age insurance from 1010 yuan per person per month to 1100 yuan per person per month. At present, the basic pension standard for urban and rural residents in Shanghai is the highest in China.

  Beijing has also raised the basic pension for urban and rural residents this year. For those who have received the basic pension for urban and rural residents’ basic old-age insurance before December 31, 2019 and enjoyed the old-age security welfare pension, the 20 yuan will be increased every month from January 1, 2020. The per capita monthly standard of basic pension for urban and rural residents in Beijing has reached 830 yuan, and the per capita welfare pension is 745 yuan.

  With the increase of employee pension and resident pension, retirees get more pensions, and dancing in square dance is more energetic.

  Can the pension be paid in full and on time?

  It should be noted that, according to the requirements of the Ministry of Human Resources and Social Security, it is necessary to ensure that the basic endowment insurance fund for enterprise employees will be unified at the provincial level before the end of 2020. Therefore, with the realization of provincial overall planning, the date of pension payment in the whole province will also be unified.

  In addition, retirees are very concerned that this year, affected by the epidemic, can pensions be guaranteed to be paid in full and on time?

  The Ministry of Finance recently gave a "reassurance": this year, China will increase the central financial subsidy and adjustment of the basic old-age insurance fund, and support local governments to pay pensions in full and on time. In 2020, the central government allocated 582.7 billion yuan of subsidies for basic old-age insurance for enterprise employees, an increase of 10.7% over last year, and focused on the central and western regions and old industrial base provinces where the contradiction between fund revenue and expenditure was more prominent.

  The state requires that pensions be paid in full, so everyone can rest assured. (End)