According to the notice issued by the Shandong Provincial Department of Human Resources and Social Security, the Shandong pension increase plan in 2023 has been announced. Specific programs include overall pension, individual account pension, transitional pension, adjustment fund and local subsidies.
The monthly increase will be determined by stages according to the payment period. 15 (inclusive), the increased pension will be adjusted from 2023 1, and the adjustment target is those who have gone through retirement and resignation procedures before February 2022 1 and received the basic pension on a monthly basis.
This adjustment adopts a combination of quota adjustment, hook adjustment and appropriate inclination; The monthly increase is determined according to 65438+ 0.25% of my basic pension in June 2022.
Financing channel
The funds needed to adjust the basic old-age pension and participate in the basic old-age insurance for enterprise employees shall be paid from the basic old-age insurance fund of enterprises; Those who participate in the basic old-age insurance for staff of government agencies and institutions shall be paid from the basic old-age insurance fund of government agencies and institutions.
The local finance will give some subsidies to the local adjustment of new expenditures for enterprise retirees' pensions. Did not participate in the basic old-age insurance for employees, solved by the original channel.
Among them, when the required funds are disbursed from the endowment insurance fund, a part of them will be disbursed from the personal account balance according to the proportion of the personal account pension to the basic pension when the insured retires, and the rest will be disbursed from the overall fund. When the personal account balance is zero, all of it will be paid from the overall fund.
The above contents refer to Phoenix Net-Shandong Retirement Adjustment.