Retiree Benefits To Your Pensions Will Rise Again.

Recently, the Ministry of Finance issued a detailed account of the central budget in 2017.

Central level expenditure this year

More than 2 trillion and 900 billion yuan, including social security and employment, medical and health and family planning and other areas of spending increased by more than two digits.

According to the budget, the pension standard of retirees in enterprises and government institutions will be raised by an average of 5.5% this year.

As early as before, the national financial work conference has already proposed that we should reasonably raise the retirement pension standard.

In 2016, for the first time in China, the pension benefits of enterprises and government institutions were adjusted synchronously, and the monthly average per capita level of basic old-age insurance for urban and rural residents in China was more than 105 yuan.

Central to local tax return and pfer in 2017

In the note, the budget for pfer payment of basic pension is 566 billion 617 million yuan, an increase of 69 billion 147 million yuan over the number of executes in 2016, an increase of 13.9%.

Since January 1, 2017, the pension standard of retirees in enterprises and institutions has been raised by an average of 5.5%, and the number of basic old-age pension for urban and rural residents has increased.

This means that the pension will achieve a "13 consecutive rise" this year.

This is a reassurance for the majority of retirees, which means that the pensions will become more and more secure this year.

The pension standard will achieve "13 consecutive ups". In March 5th, Premier Li Keqiang made the government work report that he will continue to raise the standard of basic pensions for retirees in 2017, so as to ensure payment in full and on time.

This means that starting from 2005, the retirement pension standard will achieve a "13 consecutive rise".

According to the plan, the minimum standard of basic pension stipulated by the state is 70 yuan per person per month. In the future, a reasonable adjustment mechanism of basic pension level will be established according to the situation of economic development and price changes.

The basic old-age insurance standard for urban and rural residents has been raised. The basic old-age insurance standard for urban and rural residents has been raised.

Since 2017, Beijing has increased the upper limit of annual premium payment for urban and rural residents' old-age insurance from the current 7420 yuan to 9000 yuan.

From 2017 onwards, Beijing urban and rural residents to participate in old-age insurance payment subsidy is divided into four grades, each person subsidies 60 yuan to 150 yuan per year.

The minimum standard of basic old-age insurance for urban and rural residents in Jiangsu has been raised to 125 yuan per month.

Since January 2017, Hebei has continued to improve the basic old-age insurance for urban and rural residents.

The standard is raised from 80 yuan per person to 90 yuan per month.

Fujian will raise the minimum standard of basic old-age insurance for urban and rural residents by 15 yuan.

...

The operation of the pension fund is generally stable. In March 1st, the State Council held a press conference on employment and social security.

The Ministry of human resources and social affairs shows that the operation of the endowment insurance fund is stable in general.

Last year, the total income of the basic old-age insurance fund for urban workers was 2 trillion and 840 billion yuan, the total expenditure was 2 trillion and 580 billion yuan, the current balance was about 260000000000 yuan, and the accumulated balance was 3 trillion and 670 billion yuan, which could ensure 17 months' payment.

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