The possibility of pensions increasing for 17 consecutive years in 2021 and 18 consecutive pension increases in 2022 is still very high. The specific analysis is as follows: First, rising prices? According to Article 18 of the "Social Insurance Law", the state establishes a basic pension

The normal pension adjustment mechanism will increase the level of basic pension insurance benefits in a timely manner based on the average wage growth of employees and rising prices.

?After all, in life, you have to spend money on food, clothing, housing and transportation. However, nowadays, prices are rising rapidly. In order to protect the basic quality of life of retirees, it is imperative to increase pensions.

In addition, many regions have raised their minimum wage standards this year, such as Jiangxi, Shaanxi, Tianjin and other provinces and cities. The increase ranges from 80 to 200 yuan. The wage level has increased significantly, and the corresponding pensions will also be adjusted appropriately.

?Second, the pension insurance fund balance is sufficient? Although the epidemic last year brought huge resistance to economic development, our country's economy is steadily recovering, which has provided a great boost to the rise of pension funds, and as of the end of last year , my country’s pension insurance fund has a cumulative balance of 4.7 trillion yuan, which is very secure even if pensions continue to be raised.

?Third, the social security payment base has been increased? The pension benefits of retirees are paid for by employees participating in the insurance, so the more people pay, the more secure the pension payment will be. And this year, many provinces have

Correspondingly, people's social security payment base standards have been raised. For example, in Shanxi Province, the lower limit of social security payment has been raised from 2,739 yuan last year to 3,235 yuan, and the upper limit of social security payment has been raised from 13,695 yuan to 16,176 yuan. This has effectively increased the payment amount of insured persons and provided benefits to the elderly.

The pension increase provides sufficient conditions. Even if the pension is increased in the future, the payment pressure will still be affordable.

?Fourth, the level of social security has been further improved. Last year, all provinces have realized the unified expenditure and collection of pension funds. This not only facilitates management, but also the central government’s adjustment efforts are increasing. In addition, the country is also actively studying the nationwide pension insurance system.

With an overall plan, the ability of pension funds to resist risks will be further improved, the social security system will become more and more perfect, and the quality of life of retirees will be better protected.

The increase in pensions for retirees mainly relies on real money to support it. Based on the above four points, it is still very possible for pensions to achieve 18 consecutive increases in 2022.

Pension increases in 31 provinces On April 16, the Ministry of Human Resources and Social Security and the Ministry of Finance issued a notice on adjusting the basic pension for retirees in 2021, kicking off the pension increase.

According to the notice, the overall adjustment ratio nationwide will be determined based on 4.5% of the monthly per capita basic pension for retirees in 2020.

Each province uses the national overall adjustment ratio as the upper limit to determine its own adjustment ratio and level.

This is the “17th consecutive increase” in pensions.

Since then, Shanghai was the first to announce a pension adjustment plan on May 12, and various regions have also announced pension plans. By June 28, Sichuan announced a pension adjustment plan, and all pension increases in 31 provinces have been implemented.