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How to raise the basic pension for retirees by 4.5%?
The increase in the amount of pension provides a guarantee for the future life of the elderly. I think this move is a measure put forward by the state in view of the gradual increase of empty nesters caused by the aging population. Moreover, the increase of the old people's pension can improve their living standards in retirement and let them live the old age they want without relying on the help of their children.

Who can have a pension? Not every elderly person can get a pension subsidy after retirement. According to China's regulations, only by paying pension insurance 15 years continuously during the working period can you enjoy the pension fund issued by the government after statutory retirement. The amount paid is also distributed according to how much you pay for the old-age insurance, and it has increased to 4.5% on this basis. Therefore, not all old people can receive state-issued pensions after retirement. Some people may have worked in a difficult environment when they were young, or they are older retirees, and their pension will be higher than that of ordinary retirees.

How to treat an aging China? Because China has a large population, many families are 4+2+/kloc-0+. There are four old people, two adults and an only child in the family. This is why the state now supports the policy of opening the second child in order to balance the differences between the old and the young. Moreover, there are many projects serving the elderly. For example, more and more hospitals have set up pension funds for the elderly, and more nursing homes have been set up to serve some retired elderly people. Not all retirees can enjoy the increase in pension funds this time. For example, those who just retired this year are not within the scope of this adjustment.

How to improve the pension policy? Regarding this increase in pensions, many people are also concerned about whether the elderly can receive pensions in time. The state has also issued relevant policies here, urging relevant departments to implement them when issuing pensions. Moreover, the elderly encounter some difficulties in the process of receiving pensions, and they must be given timely help.