China News Agency, Beijing, May 26 (Reporter Liang Xiaohui) The basic pension for Chinese retirees was raised by 4% on the basis of last year.
On the 26th, the Ministry of Human Resources and Social Security and the Ministry of Finance of China announced the "Notice on Adjusting the Basic Pensions of Retirees in 2022", which clarified that starting from January 1 this year, the retirement procedures have been completed according to the regulations before the end of 2021 and monthly Retirees from enterprises, government agencies and institutions receiving basic pensions will increase the level of basic pensions, and the overall adjustment level will be 4% of the monthly per capita basic pensions for retirees in 2021.
It is known that this adjustment will continue to adopt a combination of quota adjustment, pegged adjustment and appropriate inclination. The quota adjustment reflects social equity, and the adjustment standards for all types of retirees in the same region are consistent; The incentive mechanism of "pay more and get more" enables those who pay more and pay more for a long time to receive more pensions; appropriate tilt reflects key care, mainly for elderly retirees and retirees in difficult remote areas and other groups.
The notice requires all localities to formulate specific implementation plans, organize and implement them as soon as possible, and distribute the adjusted and increased basic pensions to retirees as soon as possible.
(Finish)