In the government reports of the two sessions this year, the basic pension for retirees was raised. With the end of the work of the two sessions, some livelihood policies have also been implemented, including increasing pensions. Up to now, many provinces have raised the latest standards. Recently, it was announced that the central pension adjustment will exceed 700 billion yuan in 2020. What is the specific situation? Which provinces have contributed the most?

1. How is the adjustment of the central pension exceeding 700 billion?

Recently, the Ministry of Finance released the annual budget of the Central Adjustment Fund for 2020. The data shows that the central adjustment fund is expected to reach 739.823 billion yuan this year, an increase of 654.38+009.523 billion yuan or 654.38+07.4% over last year's implementation.

Second, what is the significance of pension adjustment?

The central adjustment of pension is to solve the problem of imbalance of endowment insurance funds among provinces. Establish a central adjustment fund for old-age insurance and adjust the old-age insurance funds in various provinces to ensure that pensions in various regions can be paid in full and on time.

3. Which provinces have contributed the most?

The seven net contribution provinces are Guangdong, Beijing, Fujian, Jiangsu, Zhejiang, Shanghai and Shandong, with a net contribution of 654.38+076.7 billion yuan. These provinces are located in the eastern coastal areas, including Guangdong, Jiangsu, Shandong, Zhejiang, Beijing and Shanghai, and Fujian, a southeast coastal province with developed private economy.

1. Guangdong contribution

Guangdong's net contribution reached 64.5765438 billion yuan, accounting for 36.5% of the total net contribution, making it the province with the largest contribution from the central government.

2. Beijing contribution

Guangdong's net contribution was 46.259 billion yuan, ranking second in the contribution of the central adjustment fund.

3. Fujian contribution

Fujian's net contribution reached 654.38+06.85 billion yuan, ranking third in the contribution of the central adjustment fund.

4. Jiangsu contribution

Jiangsu's net contribution reached 654.38+05.243 billion yuan, ranking fourth in the contribution of the central adjustment fund.

5. Zhejiang contribution

Zhejiang's net contribution reached 654.38+03.649 billion yuan, ranking fifth in the contribution of the central adjustment fund.

4. Which provinces will benefit?

Among them, there are four provinces whose net profit exceeds 654.38+0 billion yuan, namely Liaoning, Heilongjiang, Hubei and Jilin.

The implementation of the central pension adjustment system can alleviate this situation to some extent.