Chinanews client, Beijing, December 12th (Reporter Li Jinlei) Recently, pensions have gone up again!

The increase this time is the basic pension for urban and rural residents.

Pension cartoons.

Author: Wang Shanshan

National basic pensions for urban and rural residents increase

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

　　Pensions for retirees have risen first, and this year it has risen by 5%. It has now been increased and repaid, benefiting more than 120 million retirees.

Today, basic pensions for urban and rural residents are rising.

　　What is the basic pension for urban and rural residents?

Participating in the pension insurance for urban and rural residents, the treatment consists of two parts: basic pension and personal account pension.

The basic pension is composed of the minimum basic pension standard determined by the central government, the basic pension raised by the local government, and the basic pension for additional years.

　　Previously, the minimum standard for basic pensions set 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, the current minimum standard of basic pensions set by the central government is 93 yuan per month, and the level of basic pensions raised varies from place to place.

Social security card data map.

Photo by Sun Hongyuan

Basic pensions for residents in many places rise

　　After the national minimum standard for basic pensions for urban and rural residents was raised, from a local perspective, the basic pensions for urban and rural residents in Shandong, Fujian, Shenzhen, etc. ushered in an increase recently.

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

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

　　Shenzhen also announced that it will raise the basic pension standard for basic pension insurance for residents. Starting from January 1, 2020, the basic pension will be increased from the original 302 yuan per month to those insured persons receiving pensions who have less than the 8th anniversary of the city’s household registration. 322 yuan; starting from the month following the 8th anniversary of the city’s household registration, the basic pension has been increased from 453 yuan to 483 yuan per month.

Data map of endowment insurance for urban and rural residents.

Photo by Sun Rui

Shanghai has the highest basic pension for urban and rural residents

　　Previously, Shanghai adjusted the basic pension standard of urban and rural residents' pension insurance from 1,010 yuan per person per month to 1,100 yuan per person per month.

The current basic pension standard for urban and rural residents in Shanghai is the highest in the country.

　　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 and who enjoy old-age security benefits before December 31, 2019, an increase of 20 per person per month will be added from January 1, 2020. yuan.

The average monthly basic pension for urban and rural residents in Beijing reached 830 yuan, and the average welfare pension was 745 yuan.

　　As employee pensions and residents' pensions have risen successively, more pensions are available to retirees, and the square dance has become more vigorous.

Can pensions be paid on time and in full?

　　It should be noted that, in accordance with the requirements of the Ministry of Human Resources and Social Security, it is necessary to ensure that the provincial-level unified income and expenditure of the basic pension insurance fund for enterprise employees will be realized by the end of 2020.

Therefore, with the realization of provincial-level overall planning, the province's pension payment date will also be unified.

　　In addition, retirees are very concerned about the impact of the epidemic this year, can pensions be paid on time and in full?

　　The Ministry of Finance recently issued a "reassuring pill": This year, my country will increase the central financial subsidies and adjustments of the basic pension insurance fund to support local governments in the timely and full payment of pensions.

In 2020, the central government will allocate 582.7 billion yuan in subsidies for basic endowment insurance for enterprise employees, an increase of 10.7% over last year, and focus on the central and western regions and the old industrial base provinces where the contradiction between fund revenue and expenditure is more prominent.

　　The state requires that pensions are paid in full, so everyone can rest assured.

(Finish)