China News Service, Beijing, July 14th (Reporter Du Yan) The Beijing Municipal Bureau of Human Resources and Social Security today released Beijing's 2020 social security benefits centralization adjustment plan, including pensions for retirees of enterprises, institutions and institutions, and the basis of urban and rural residents Pensions and welfare pensions, regular treatment for work-related injury insurance and unemployment insurance benefits the city's nearly 3.97 million people. Among them, the adjusted pension for enterprise retirees was paid in place on July 15.

  This is an important measure for Beijing to continue to improve security and improve people's livelihood under the background of the current epidemic situation, the slowdown of fiscal revenue, and the implementation of the staged social insurance premium reduction policy, which has increased the pressure on the income and expenditure of pension insurance funds.

The adjusted pension is paid in place on July 15

  According to national requirements, since January 1, 2020, Beijing continues to adjust basic pensions for retirees (including retired and retired employees) of enterprises, institutions, and institutions. This is the 28th time Beijing has increased the pensions of enterprise retirees. It is also the fifth time since 2016 to adjust pensions for retirees of enterprises, institutions and institutions simultaneously.

  This year's adjustment is for retirees who have completed the retirement procedures and received monthly pensions according to the regulations before December 31, 2019 (inclusive). It is expected to benefit 3.02 million retirees from enterprises, institutions and institutions, and will be reissued from January this year. Pensions, in which enterprise retirees can receive the reissued pensions on July 15. The specific adjustment methods are as follows:

  1. Fixed basic pension

  Each retired person increases 50 yuan per person per month.

  2. Linking to adjust basic pension

  (1) Linked to the payment period

  In 2020, the method of universally increasing basic pensions linked to the payment period will be continued. Among them, for retirees with a payment period of 10 years or more, the payment period will increase by 3 yuan per month for each full year; for the number of months less than a full year, it will increase by 0.25 yuan per month. If the payment period is less than 10 years (excluding retirees from construction land acquisition and agricultural conversion), each person will increase by 30 yuan per month; if the payment period is less than 15 years, each person will recharge RMB 45 per month.

  (2) Linked to pension level

  According to the monthly basic pension level of retirees before the end of 2019, the city's per capita disposable income level of the city's residents (5646 yuan) in 2019 is divided into two levels, and each person above 5646 yuan (inclusive) will increase by 30 yuan per month For each person below 5,646 yuan, the monthly increase is 65 yuan. By adopting low-key high-key and high-key low-key methods, people with low protection level can appropriately increase basic pensions.

  At the same time, in order to take into account fairness, for a small number of retirees who are adjusted to be less than 5711 yuan according to the pension level, the difference will be supplemented (limited to the retired people whose monthly pension level is 5646 yuan or more before the adjustment). [See Chart 1]

On July 14th, Beijing issued a centralized adjustment plan for relevant social security benefits in 2020. Among them, by adopting the low-key high-key and high-key low-key methods, the people with low protection level can increase the basic pension appropriately. Photo courtesy of Beijing Municipal Bureau of Human Resources and Social Security 

  For example: Uncle Zhao, 64 years old, payment period 37 years, basic pension is 5650 yuan/month. According to the corresponding standard, it should be increased by 30 yuan, which is added to the original pension to 5680 yuan. But in December 2019, after the pension of less than 5646 yuan increased by 65 yuan, some personnel will reach 5711 yuan (5646+65), which is higher than Uncle Zhao’s 5680 yuan, so increase the uncle Zhao’s by 31 yuan, so that he can reach The highest amount in the next gear is 5711 yuan. In the adjustment linked to the pension level, Uncle Zhao actually increased by 61 yuan per month.

  This year's adjustment, Uncle Zhao increased a total of 222 yuan per month. After the adjustment, the basic pension was 5872 yuan per month.

Appropriate tilt to senior retirees

  For retirees with early retirement ages and older ages, in order to further improve their basic living standards, since 2007, Beijing has moderately tilted to older retirees when adjusting the basic pensions of enterprise retirees. This approach was maintained when the pensions for retirees of enterprises, institutions and institutions were adjusted simultaneously for the first time in 2016.

  In 2020, we will continue to adhere to this approach. For senior retirees who have reached the age of 65 and above before December 31, 2019 (inclusive), after adjusting according to the above measures, we will again enjoy 45 to 75 yuan. Tilt policy of grade. Namely: Retirees 65 to 69 years old will increase an additional 45 yuan per month per person; 70 to 74 years old will increase an additional 55 yuan per month per person; 75 to 79 years old will increase an additional 65 yuan per person per month; The monthly increase of 75 yuan.

  On this basis, for those who have retired over 65 years of age to continue to pay for 30 years, each person will increase an additional 5 yuan per month, to reflect the retirees who retire early, consecutive years of service and long payment period. [See Chart 2]

On July 14th, Beijing issued a centralized adjustment plan for relevant social security benefits in 2020. Among them, it is appropriate to lean towards senior retirees. Photo courtesy of Beijing Municipal Bureau of Human Resources and Social Security 

  For example: Aunt Liu, 68 years old, 33 years of payment, basic pension is 4100 yuan/month. This year's adjustment, Aunt Liu increased a total of 264 yuan per month. After the adjustment, the basic pension was 4364 yuan per month.

  For example: Uncle Wu, 80 years old, 40 years of payment, basic pension is 5300 yuan/month. This year's adjustment, Uncle Wu increased a total of 315 yuan per month. After the adjustment, the basic pension is 5615 yuan per month. [See Chart 3]

On July 14th, Beijing issued a centralized adjustment plan for relevant social security benefits in 2020. Among them, it is appropriate to lean towards senior retirees. Photo courtesy of Beijing Municipal Bureau of Human Resources and Social Security 

Two special adjustment methods

  One is to continue to adjust the retirement treatment of old workers who participated in revolutionary work before the establishment of the new China. At present, the old workers who participated in the revolutionary work before the founding of the Beijing enterprises are generally over 80 years old. The state stipulates that they can enjoy 100% retirement treatment. This adjustment will still be adjusted according to the previous year’s method of working in the revolutionary work, that is, those who participated in the revolutionary work from July 7, 1937 to September 2, 1945, each person will increase by 375 yuan per month; September 3, 1945 As of September 30, 1949, those who participated in the revolutionary work increased by 345 yuan per person per month. On the basis of the adjustment of the above two standards, they also enjoy the preferential policy of senior retirees. This adjustment generally increases by 420 to 450 yuan/month.

  The second is to ensure that the retired military cadres of enterprises and the original industrial and commercial persons shall not be lower than the city's average pension after adjustment. After the adjustment is made in accordance with the fixed amount, the payment period, and the pension level, if the pensions of retired military cadres and original industrial and commercial enterprises are lower than the adjusted average pensions of the city’s enterprise retirees, they will be made up to the average level. At the same time, senior retirees who have reached the age of 65 and above before December 31, 2019 (inclusive) also enjoy the preferential policy for senior retirees.

  Personnel retiring before December 31, 2019 (inclusive) in Beijing government agencies and institutions will also make adjustments in accordance with the above-mentioned fixed adjustment, hook adjustment and appropriate tilting methods and adjustment standards, and release them before the end of July. (Finish)