Jiangsu Province's basic pension adjustment plan for enterprise retirees in 2014 was officially launched. More than 5.5 million enterprise retirees in Jiangsu Province will increase their basic pensions from January 1, 2014. The new basic pensions will be guaranteed to be paid in place before the end of April.

According to the unified deployment of the state, the basic pension for enterprise retirees in 2014 will still adopt a combination of general adjustment and appropriate inclination. Different from the unified increase of 10% in previous years, the general adjustment method in 2014 is linked to personal payment status and other factors, further reflecting the

An incentive mechanism for insurance premiums that pays more and gets more.

The general adjustment includes three parts: first, it is increased according to the fixed amount, with an increase of 40 yuan per person per month; second, it is increased according to the individual's payment years, with an increase of 3 yuan per month for every one year, and those who are less than 45 yuan will be paid 45 yuan; third,

It will be increased by 4% of my monthly basic pension before this adjustment.

The pension calculation method for enterprise retirees is calculated according to the first two items of the general survey, with an increase of at least 85 yuan per person, plus the third item, as well as the support factor for personnel with low pension levels, the minimum pension per person for enterprise retirees in Jiangsu Province

Add more than 100 yuan.

At the same time, the second item in the general survey is linked to the individual’s payment years. Those with longer payment years can add more.

In this adjustment to the basic pension for enterprise retirees, if the payment period reaches 40 years, the increased pension can reach 120 yuan, which is 60 yuan more than if the payment period is 20 years.

The third item of the general survey is calculated based on 4% of the basic pension.

The payment base is high and the pension level of the elderly with payment years is relatively high, so the pension increase will also be high.

If the basic pension is 2,500 yuan, this item will increase the pension by 100 yuan; if the basic pension is 2,000 yuan, this item will increase by 80 yuan, which is 20 yuan less than the former.

Zhu Hua, director of the Pensions Division of the Jiangsu Provincial Department of Human Resources and Social Security, said that based on the above three increases, for retirees with lower basic pension levels, provincial and municipal governments can decide according to the local basic pension insurance funds, financial affordability and

Based on actual conditions such as the level of basic pension replacement rate, a certain amount of additional pensions will be appropriately issued within the range of no more than 240 yuan in southern Jiangsu, no more than 220 yuan in central Jiangsu, and no more than 210 yuan in northern Jiangsu.

In 2014, we will continue to appropriately increase the basic pension level for elderly enterprise retirees.

The plan stipulates that in addition to participating in general adjustments, senior corporate retirees aged 70, 75 and 80 will receive an additional 40 yuan, 60 yuan and 80 yuan per person per month, respectively, which are higher than last year's 30 yuan, 40 yuan and 50 yuan respectively.

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