In 2023, there is a high probability that the pensions of retired employees will continue to increase. The reason for this prediction is because of these three positive signals: First, the legal guarantee of pension increases is stipulated in Article 18 of the Social Insurance Law.

Based on the growth of average wages of employees and rising prices, the level of basic pension insurance benefits will be increased in a timely manner.

According to data from the National Bureau of Statistics, in September 2022, national prices increased by 2.8% year-on-year, among which the prices of daily necessities increased significantly. For example, the price of fresh fruits increased by 17.8%, and the price of livestock and meat increased by 16.0%, which greatly increased the living expenses of retirees.

Cost; In addition, in the first half of 2022, the per capita disposable income of residents across the country was 18,463 yuan, a nominal increase of 4.7% over the same period last year. After deducting price factors, the actual increase was 3.0%.

The two indicators clearly listed in the law are showing an upward trend, laying an economic foundation for the continued increase in pensions in 2023.

Second, my country’s economy maintains positive growth. In the first half of 2022, China’s economy grew by 2.5% year-on-year. According to a questionnaire recently released by the Economic Observer, 63% believe that the GDP growth rate for the whole year of 2022 will be 3% to 4%.

As the economy maintains positive growth and fiscal revenue increases, the country will also allow retirees to come and enjoy the fruits of our country's economic development.

Referring to the experience of previous years, when the epidemic was at its worst in 2020, my country's economic growth was 2.3%. In 2021, the country will still increase pensions for retirees as scheduled, and the increase will be 4.5%.

Therefore, it is expected that the probability of pension increases in 2023 is extremely high! Third, the pension insurance fund has a balance. As of August 25 this year, the basic pension insurance fund for enterprise employees had a cumulative balance of 5.1 trillion yuan, which has strong protection capabilities.

The National Social Security Fund has strategic reserves of more than 2.6 trillion yuan. In the short term, the social security fund is sufficient to support continued pension increases in 2023.

In the long run, the country will implement policies to delay retirement and extend the minimum payment period for social security during the 14th Five-Year Plan period. This will also provide a guarantee for the long-term balance of payments of social security funds and provide a material basis for the continued increase in pensions! 2023 Annual employee pensions are still expected to continue to increase, but those who receive basic pension benefits for urban and rural residents are not included in the adjustment. Farmers who lack professional social security knowledge cannot understand why farmers' pensions cannot be increased simultaneously with employees? The main reasons are: 2 fundamental reasons: First, the maturity of employee pension insurance and urban and rural residents’ pension insurance is different. The essence of my country’s basic pension insurance system is that the state plans in advance for the elderly life of ordinary people and establishes it for them when they are strong and healthy. A pension insurance account allows the insured to regularly deposit a certain amount of savings as a future pension reserve. There are two basic pension insurance systems in my country, one is the urban employee pension insurance, and the other is the urban and rural resident pension insurance.

Among them, employee pension insurance took shape in the 1950s, and a relatively standardized system was established in 1992. The development cycle of employee social security is long, and the insured are highly motivated to pay. They will try to extend the payment time as much as possible, increase the payment base, and increase employee investment.

With high costs, they should receive higher incomes, and their basic pensions should be increased year after year according to higher standards; social security for urban and rural residents includes new rural insurance and urban residential insurance, both of which were piloted in 2009 and 2011 respectively.

, it was only covered nationwide in 2014. It has been less than 10 years and the system has not yet fully matured. Now urban and rural residents do not have high recognition of social security, their enthusiasm for payment is low, the protection level of pension insurance is poor, and they do not have the ability to compete with employees.

Simultaneously raise the material basis of pensions.

Second, the payment base for employee pension insurance and urban and rural residents’ pension insurance is different. The payment base for employee pension insurance is determined by 60%-300% of the average social wage in the province in the previous year. Since the average social wage is rising every year, the social security of employees

The payment cost is increasing every year. Taking the payment base of Shanxi Province in 2022 as an example, the lower limit of the social security payment base is 3,548 yuan and the upper limit is 17,742 yuan. Even if the payment is based on the lowest base, the cumulative payment cost of one year's pension insurance is 3,548 × 24%

×12=10218 yuan.

Once the payment levels of urban and rural residents’ pension insurance are determined, they will not be adjusted in the short term. Currently, the minimum payment level in Shanxi Province is 200 yuan and the highest payment level is 5,000 yuan. Even the highest payment cost is far lower than that of employee social security.

The minimum base, and the premiums of residents’ social security are all entered into personal accounts. In the event of an accident, all funds in the personal account can be refunded, and the insured does not need to bear any risks. Because of this, the social security benefits of farmers are far lower than those of employees.

Benefits and pensions cannot be adjusted simultaneously with retired employees.