Then it is clearly pointed out in the outline of the 14 th Five-Year Plan and the medium and long-term plan that the basic pension benefits will continue to be improved. It is not difficult for us to understand from this sentence that a five-year plan is generally five years. Five years from 202 1 to 2025. Therefore, in the outline of the 14 th Five-Year Plan in 2023, it also meets the prerequisite for continuing to improve the basic pension. Therefore, we believe that it is very possible to continue to adjust the pension in 2023 and usher in a continuous upward adjustment of China's pension 19. Of course, there are also many retirees who are more concerned about how to adjust their pensions and what factors will affect the specific adjustment amount.
In the process of annual pension adjustment, we can see that it is carried out in accordance with the principle of combining quota adjustment, hook adjustment and tilt adjustment. The adjustment of the hook depends on your seniority hook and pension hook respectively. Then it means that the length of service and pension benefits have a great influence on themselves. If you have a long working life and a high pension. In the process of adjustment, there is no doubt that higher adjustment standards will be obtained.
In addition to pension benefits and length of service. It is also directly related to the factors in your own region. We have noticed that every province and every region has introduced the detailed rules and plans for pension adjustment. Then the adjustment level of pensions in some areas may be higher. For example, the overall level of quota adjustment, hook adjustment and tilt adjustment in Xizang Autonomous Region will be relatively high. However, the adjustment level in some areas may be relatively low, such as Jilin and Guangxi, so the corresponding adjustment level in different areas also has a great impact.
Another big influence is the age of retirees. The retirement age is different, and the corresponding adjustment level is slightly different. In general, most areas are aimed at people over 70 years old, which is considered as the retirement stage of the elderly. Then they can get part of the tilt adjustment, and then they can get additional adjustment on the basis of the original quota adjustment and hook adjustment. With the growth of age, such as over 80 years old, or even over 90 years old in some areas, higher growth can be achieved. Therefore, age is also an important factor affecting pension adjustment.