BEIJING, Beijing, May 9 (Reporter Li Jinlei) This year’s pension increase began to land. At present, Shanghai has taken the lead in announcing the pension adjustment plan, which was issued in place on May 5. According to the requirements of the Ministry of Human Resources and Social Security, all localities should report the adjustment plan to the Ministry of Human Resources and Social Security and the Ministry of Finance for approval before May 31, and then promptly organize and implement it, and distribute the adjusted and increased basic pension to retirees as soon as possible.

Shanghai pension has been paid in place on May 5th.
The Ministry of Human Resources and Social Security and the Ministry of Finance issued a notice in mid-April, clarifying that the basic pension level for retirees of enterprises, institutions and institutions will be adjusted from January 1, 2017, with an overall increase of about 5.5%.
The reporter from Zhongxin. com noticed that soon after, Shanghai took the lead in announcing the adjustment plan, proposing to increase pensions for enterprise retirees, former town insurance pensioners and urban and rural residents’ pensioners from January this year, and distribute them in place on May 5.
According to the specific adjustment measures announced by Shanghai, the first is to increase 60 yuan in a unified way; The second is to increase the 2.5 yuan every one year according to my occupational insurance payment period (including deemed payment period); The third is an increase of 2.5% based on my basic pension in December 2016.
At the same time, from January 2017, Shanghai will adjust the basic pension standard for urban and rural residential insurance, and increase the pension 100 yuan per person per month. After adjustment, the basic pension standard for urban and rural residential insurance will be 850 yuan per person per month.

Pensions for senior retirees have gone up much.
According to the requirements of the Ministry of Human Resources and Social Security, the basic pension for retirees is adjusted by combining quota adjustment, hook adjustment and appropriate inclination. For senior retirees and retirees from enterprises in hard and remote areas, the adjustment level can be appropriately improved.
In other words, the pensions of senior retirees and retirees from enterprises in hard and remote areas can increase a little, which is also reflected in the pension adjustment in Shanghai.
In order to show concern for the elderly, this year, Shanghai will continue to add 20 yuan to the elderly retirees who are 65 years old for men and 60 years old for women by the end of 2016.
A case study published in Shanghai shows that Ms. Wang, an enterprise retiree, is 72 years old this year. In December last year, her monthly pension was 3,700 yuan, and she worked for 33 years before retirement. The criteria for her to increase her pension this time are: increasing 60 yuan by a fixed amount; The payment period of occupational insurance can be increased by 82.5 yuan; It can be increased by 92.5 yuan by 2.5% linked to my pension. In addition, she can also enjoy the tilt of senior citizens to increase 20 yuan. In total, Ms. Wang can increase 255 yuan this time.

All localities should implement it before May 31st for approval.
Shanghai has taken the lead in raising pensions. How is the progress in other regions? According to the requirements of the Ministry of Human Resources and Social Security, all regions should formulate specific implementation plans in accordance with the unified deployment of the State Council and the actual situation in the region, reasonably determine the adjustment level and adjustment methods, and make careful arrangements for the organization and leadership, work progress and financial guarantee of pension adjustment.
According to the notice, all regions should submit it to the Ministry of Human Resources and Social Security and the Ministry of Finance for approval before May 31, 2017, and then organize the implementation.
The notice also made it clear that all regions should strictly follow the implementation plans approved by the two ministries, put all adjustment policies in place, and should not raise the adjustment level or break through the adjustment policies on their own. Areas that raise the adjustment level by themselves will be criticized and accountable, and the central financial subsidy funds will be deducted accordingly. (End)
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