On the occasion of the Spring Festival, retirees and on-the-job workers pay urgent attention to the regulations on the issuance of retirement pensions and various subsidies promulgated by the Ministry of Human Resources and Social Security and the Ministry of Finance. Before February 2023 1, can retired workers in various regions receive their own pensions, provident funds and other benefits?
On June 4, 2023, Ministry of Human Resources and Social Security and the Ministry of Finance announced the adjustment of the basic pension for enterprise retirees in 2023, and specifically notified the national financial department. According to the current average consumption level and the specific time and amount of pensions for retirees, state departments at all levels clearly stipulated that all provinces, municipalities, autonomous regions and municipalities directly under the Central Government should report the pension adjustment plan to Ministry of Human Resources and Social Security and the Ministry of Finance before June 30, 5438.
The impact of pension growth on the economy;
Increase consumption expenditure and promote economic growth. Raising the pension can improve the income level of the elderly, promote their consumption expenditure, and thus promote economic growth to a certain extent. The consumption demand of the elderly for tourism, medical care, culture and entertainment will also increase, which is expected to drive the development of related industries;
Increase social security burden and financial pressure. With the increase of the elderly population, the pension expenditure is relatively large. If the pension is continuously raised, the government needs to bear more social security burden, which will increase financial pressure and reduce financial sustainability.
To sum up, the pension increase time in 2023 is subject to local policies. Recently, Henan, Sichuan, Shanghai and Beijing have issued relevant policies and will continue to adjust employee pensions in 2023. Last year, Sichuan increased pension benefits by 654.38+0.36 billion yuan. In the past five years, the number of people participating in the basic old-age insurance in the province has increased by 654.38+0.08 million, which reflects the concern and care for retirees.
Legal basis:
Article 15 of the Social Insurance Law of People's Republic of China (PRC)
The basic pension consists of overall pension and individual account pension.
The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.
Article 16
Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.
Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.