On the basis of quota adjustment and linked adjustment, the basic pension will be appropriately issued to the following retirees: before 20 18 12 3 1, 30 yuan will be issued monthly to retirees who have reached the age of 70 for men and 65 for women but under 80 for women; Retirees aged 80 or above can get extra 60 yuan every month.

Before 20 18 12 3 1 enterprise employees and enterprise retirees who have completely lost their ability to work due to work-related disability shall be given disability allowance and basic pension respectively according to this notice. If the increase is lower than the average amount of basic pension adjustment for retirees of local enterprises 120%, it will be supplemented according to this standard.

Extended data:

Provisions on the relevant requirements of the basic pension for retirees:

1. Establish a national pension insurance payment and treatment inquiry system, a central pension insurance fund adjustment monitoring system and a national central database.

2. Realize the interconnection of information and data between the central and local governments and departments, effectively monitor the number of employees and retirees who should be insured, timely grasp and standardize the income and expenditure behavior of the central adjustment fund and the provincial-level co-ordination fund, and prevent risks.

3. Establishing the central adjustment system of endowment insurance fund is an important content of strengthening the construction of basic endowment insurance system, which is related to the overall situation of reform, development and stability.

Notice of Zhejiang Provincial People's Insurance Bureau-Zhejiang Provincial Department of Human Resources and Social Security and Zhejiang Provincial Department of Finance on Adjusting the Basic Pension for Retired Persons in 20 19