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Pension adjustment policy
Legal analysis:

The scope of pension adjustment this time covers retirees who have gone through retirement procedures before 202 1, 12, and 3 1 and received basic employee pension on a monthly basis (including those who have gone through resignation procedures according to the State Council 1978). Participating in revolutionary work before the founding of the People's Republic of China is in line with the provisions of document No.3 of the former Ministry of Labor and Personnel [1983], and retirees and old workers who are paid according to the original standard salary after retirement are not included in the adjustment scope of basic pension for retirees. It is clear that from June 5438+1 October1day, 2022, the basic pension level will be raised for retirees from enterprises, institutions and institutions who have gone through retirement procedures according to regulations and received basic pensions on a monthly basis before the end of 2026, and the overall adjustment level will be 4% of the monthly basic pension for retirees in 20021year. This adjustment will continue to adopt a combination of quota adjustment, hook adjustment and appropriate inclination. The quota adjustment reflects social equity, and the adjustment standards for all types of retirees in the same area are consistent; The adjustment of the hook reflects the incentive mechanism of "more work and more pay" and "more long-term work", so that people who work more and get more long-term work can get more pensions; Appropriate tilt reflects the key care, mainly for the elderly retirees and retirees in hard and remote areas and other groups to take care of. If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund. At the same time, it is necessary to improve the fund's ability to pay by expanding the coverage of employees' basic old-age insurance and strengthening the management of fund income and expenditure, so as to ensure that retirees' basic pensions are paid in full and on time, and no arrears may occur. Please report the local implementation in writing to the Provincial Department of Human Resources and Social Security before August 15, 2022. If problems are found in the implementation, please report them to the Provincial Department of Human Resources and Social Security and the Department of Finance in a timely manner.

Legal basis: Article 15 of the Social Insurance Law of People's Republic of China (PRC) consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.