The year is 2022, which is also a critical year for the implementation of the “14th Five-Year Plan”.

The much-anticipated "Two Sessions" have officially kicked off. Let's take a look at what other pension-related proposals the representatives and committee members attending this year have.

01 Wei Houkai, deputy to the National People's Congress and director of the Institute of Rural Development of the Chinese Academy of Social Sciences: Give full play to the basic security function and recommend raising the minimum standard of basic pensions for urban and rural residents.

National coordination of basic pension insurance for enterprise employees was officially launched.

According to the Ministry of Human Resources and Social Security, starting from January this year, adjustments have been made nationwide to the current balances and shortfalls of inter-regional pension insurance funds to ensure that pensions are paid out in full and on time.

With the gradual advancement of the national coordination of basic pension insurance for enterprise employees, whether the minimum standard of basic pension for urban and rural residents will be adjusted has also attracted attention.

Wei Houkai, deputy to the National People's Congress and director of the Institute of Rural Development of the Chinese Academy of Social Sciences, said in an interview with China Business News: The basic pension for urban retirees across the country is adjusted almost every year.

The last adjustment of the national minimum basic pension standard for urban and rural residents was on July 1, 2020, from 88 yuan to 93 yuan per month. It has been almost 2 years since then.

Therefore, we call on the state to raise the minimum standard of basic pension for urban and rural residents.

"According to our research, the current level of protection and coordination of the basic pension insurance for urban and rural residents is low and cannot meet the requirements of 'basic protection'. Therefore, I submitted relevant suggestions during this year's two sessions, hoping that the country will raise the standard to monthly

103 yuan." Wei Houkai said.