1. Aggravation of population aging: With the aggravation of population aging in China, the proportion of the elderly population has increased year by year, and the demand for pensions has also increased. Increasing the pension year by year can better protect the basic life of the elderly, improve their quality of life and relieve the pressure of insufficient pension.
2. Economic development and inflationary pressure: the improvement of economic development level and inflationary pressure are also one of the reasons for the annual increase of pensions. The improvement of the level of economic development has brought about the increase of the living cost of the elderly and the increase of the pension base, which has led to the necessity of raising the pension.
3. Social stability and security: providing for the aged is one of the important measures to ensure the basic life of the elderly. Raising the pension level will help to maintain social stability and security and reduce the occurrence of social instability.
4. Raise the retirement age: With the trend of aging population, in order to alleviate the pressure of pension, the government began to gradually raise the retirement age, reduce the number of retirees and ease the pressure of pension payment. With the increase of retirement age, the working years will increase accordingly, which is also conducive to raising the pension base and raising the payment level of pensions.
5. Strengthen the management of endowment insurance fund: Endowment insurance fund is one of the sources of pension. The government will take a series of measures to strengthen fund management, ensure the stability and sustainability of the fund, and provide a more stable and reliable source of pension for the elderly.
Pension, also known as pension and retirement fee, is the most important social pension insurance treatment. That is to say, according to the relevant national documents, it is necessary to pay insurance benefits on a monthly or lump-sum basis in the form of money, which is mainly used to ensure the basic living needs of employees after retirement according to their contributions to society and their qualifications or retirement conditions for enjoying old-age insurance. Pensions are accumulated and operated according to the principle of accumulation by the state, the collective and the individual. When people are in their prime of life, part of the wealth created is invested in pension plans to ensure a sense of security in their later years.
Matters needing attention in handling endowment insurance:
1. In China, the information provided by units or individuals must be true and reliable. Those who declare with false materials and receive pension benefits, once verified, will be severely dealt with in accordance with relevant laws and regulations, except for recovering all illegal income.
2, the unit or the applicant has any objection to the approved pension benefits, should be in accordance with the provisions of the "social insurance dispute handling measures" in a timely manner to reflect the handling of our bureau. If our bureau handles it incorrectly, the treatment issuing department shall be responsible for re-examination and approval. If there are still objections to the results of heavy nuclear processing, you can apply for administrative reconsideration to the provincial labor and social security department within 60 days from the date of receiving the results of heavy nuclear processing.
To sum up, the pension is increasing year by year to cope with the aging population and the sustainable development of the pension system, to ensure the basic needs of the elderly, to maintain their living standards, and to maintain social stability and security. The government will continue to strengthen the reform and improvement of the pension system to provide more stable and reliable protection for the elderly.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 16
Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.
Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
Article 18
The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.