31 provinces across the country have completed this year's pension increase, and more than 100 million retirees have had their pensions increased; the countdown to pension investment in the market has entered.

The Central Economic Work Conference held recently proposed the need to promote the reform of the pension insurance system and speed up the introduction of the reform plan for the pension insurance system.

In 2015, the pension insurance system of government agencies and institutions was integrated with that of enterprise employees.

This year, for the first time, the pensions of corporate retirees and government agencies and institutions have been adjusted simultaneously.

In order to coordinate the pension burdens of various regions and ensure that pensions are paid in full, the national coordination of basic pensions is also expected to introduce specific plans in the near future.

According to the Ministry of Human Resources and Social Security, all the basic pensions for retirees adjusted this year have been put in place. The pension benefits of retirees from more than 100 million enterprises and government institutions across the country have been increased. Some areas have also raised the basic pension standards for urban and rural residents' pension insurance.

The editor recently learned from relevant departments that the pension levels of my country's corporate retirees are still expected to increase next year, but the current increase has not yet been determined and needs to be calculated based on factors such as fiscal solvency and price levels.

In order to maintain and increase the value of pension insurance funds, the Ministry of Human Resources and Social Security has clarified that pension funds will start investment operations this year, and 30% of the first batch of 2 trillion pension funds will enter the stock market.

Recently, the National Council for Social Security Fund issued an announcement announcing 21 basic pension insurance fund securities investment management institutions.

This also means that pension funds are entering the final countdown to the market.

Relevant national documents stipulate that after workers become old or lose their ability to work, insurance benefits paid monthly or in one lump sum in the form of currency are based on their contributions to society and their qualifications for pension insurance or retirement conditions.

Social needs are mainly used to ensure the basic living needs of employees after retirement.

Pensions are accumulated and operated based on the principle of joint accumulation by the state, collectives and individuals.

When people are in the prime of life, part of the wealth created is invested in pension plans to ensure that they have a source of support in old age.

The new pension policy in 2017 has finally been released. How will pensions be paid this time?

Payment of basic pension on a monthly basis must meet two conditions at the same time: first, reaching the statutory retirement age; second, accumulating contributions for 15 years.

Retirees will continue to receive pensions in accordance with the original standards. The "Decision of the State Council on the Reform of the Pension Insurance System for Staff of Government Institutions and Public Institutions" was released today.

The decision requires that personnel who have retired before the decision is implemented will continue to receive basic pensions in accordance with the original treatment standards of national regulations, and a basic pension adjustment system will be implemented at the same time.

1. How much do you pay for pension every month? According to the policy, the basic pension insurance account for urban employees is managed by social coordination and individual accounts. In terms of pension payment ratio, enterprises pay 20% and employees pay 8%.

Social security deposit unit/individual ratio table (Beijing) Xiao Wang works in Beijing. Let’s take him as an example. He has paid pension for 15 years and his monthly salary is 5,000 yuan. Then his monthly pension is

5000×20%+5000×8%=1,400 yuan.

In 15 years, his pension will be 252,000 yuan.

2. What are the conditions for pension payment? Employees participating in pension insurance must meet two conditions to receive pensions before they can pay monthly: 1) reaching the legal retirement age; 2) accumulating and paying pension insurance premiums for 15 years

.

When we retire, the amount of basic pension and personal account pension determines the amount of pension payment.

Monthly pension = basic pension + personal account pension The place of receiving pension insurance depends on 4 situations. According to the "Notice on Several Issues Concerning the Transfer and Continuation of Basic Pension Insurance Relationships for Urban Enterprise Employees" issued this time, according to 4 situations

Different circumstances stipulate the place where pension insurance benefits are received: 1. If the pension insurance is in the place of household registration, and the local insured person’s benefits are received in the place of household registration in accordance with the basic pension insurance relationship, the place of household registration is responsible for handling the benefits collection procedures; 2.

If the cumulative payment period for the basic pension insurance in the area where the cumulative payment period reaches 10 years is not in the place of household registration, but the cumulative payment period for the basic pension insurance period reaches 10 years in the place where the basic pension insurance relationship is located, the benefits collection procedures should be handled in that place; 3. If the period is not enough, transfer to the next full payment period

If the place where the basic pension insurance relationship is received is not in the place of registered residence, and the cumulative payment years in the place where the basic pension insurance relationship is located are less than 10 years, the basic pension insurance relationship will be transferred back to the original insured place where the last payment period was 10 years or more to handle the benefits collection procedures.

;4. If there are insufficient funds in multiple places to pool the basic pension insurance relationship in the place of household registration, and the cumulative payment period in each insured place is less than 10 years, the basic pension insurance relationship and corresponding funds will be pooled in

The place of household registration shall handle the procedures for receiving benefits in accordance with regulations.

There is a new statement on how to calculate the payment period. According to reports, during the implementation of the "Interim Measures for the Transfer and Continuation of the Basic Pension Insurance Relationship for Urban Enterprise Employees", some new situations and problems have emerged, which has led to difficulties in the transfer and continuation of the pension insurance relationship for some insured persons.