The pension increase of 202 1 has been completed. So far, the pension has been continuously increased by 17, and many insured employees are puzzled. Obviously, the country says that there is a gap in the endowment insurance fund and it is necessary to delay retirement to deal with the crisis, but why do we have to raise the pension for retirees every year? There are six reasons behind this:

First of all, prices are rising every year.

To put it bluntly, rising pensions are price subsidies. Looking back at the data published by the National Bureau of Statistics over the years, the price level in China has been rising continuously in recent years. Rising prices mean currency depreciation and rising cost of living. For a more intuitive understanding, for a simple example, the commodity that used to cost 100 yuan has now risen to 103 yuan. If prices go up, but retirees' pensions are not adjusted synchronously, then the elderly will have to tighten their belts.

Second, the overall wages of society are rising.

According to the data released by the National Bureau of Statistics, in 2020, the per capita disposable income of the national residents was 32 189 yuan, a nominal increase of 4.7% over the previous year, and a real increase of 2. 1% after deducting the price factor. Despite the serious epidemic in 2020, the per capita wage of employees is still rising, so it is speculated that the income level in previous years has increased even more. People who retire now used to be employees of enterprises who made great contributions to national economic construction, and pension is the only source of income for most retirees. In order to let them enjoy the grand occasion of economic development, they should also raise the pension for retirees simultaneously with the employees of enterprises.

Third, the payment base has increased year by year.

The upper and lower limits of the social security payment base are determined according to 60%-300% of the social security salary. Because social security wages are rising every year, the social security payment base and payment pressure of the insured are also increasing year by year. If the pension level after retirement does not increase with the increase of social security wages and remains unchanged, it will cause more people to resist and lead more and more people to give up paying social security, then the old-age insurance system will not be sustainable for a long time.

Fourth, the pension fund still has a balance.

In 2020, affected by the epidemic, the state reduced the payment of three social insurances for enterprises, but the pension fund still had a large balance. According to the statistical bulletin on the development of human resources and social security in 2020 issued by Ministry of Human Resources and Social Security, the total income of the basic old-age insurance fund for urban workers in the whole year was 4,437.6 billion yuan, and the fund expenditure was 5 1, 30 1 billion yuan. At the end of the year, the accumulated balance of the basic old-age insurance fund for urban workers was 48.310.70 billion yuan. It can be seen that the endowment insurance fund still has a considerable balance.

Now the social security system is connecting with the tax system, which can largely avoid the situation that enterprises do not pay or pay less social security fees. At present, the state is steadily promoting measures such as delaying retirement, extending the minimum payment period of endowment insurance, and coordinating endowment insurance nationwide. In the long run, a lot of money can be invested in the endowment insurance fund. As long as the pension fund can maintain a large balance every year, the state is confident to raise the pension for retirees.

Fifth, stimulate more people to actively pay fees.

Because the return period of social security is too long, many people are worried that they will not get their pension or die if they don't get it back, which will lead to their social security premiums hitting Shui Piao, so they are unwilling to pay social security. Based on this practical problem, the state needs to raise the pension every year, so that the insured can see the tangible benefits, in order to fully mobilize the enthusiasm of young workers to pay for insurance.

Sixth, in order to promote consumption

Investment, consumption, import and export are the three troikas that stimulate economic growth. At present, both investment demand and export demand are shrinking sharply, and "promoting consumption" has become the future growth point of China's economy. In order to improve the consumption ability of ordinary people, we should also appropriately increase the pension of retirees every year, which can not only ensure the quality of life of the elderly, but also activate their consumption potential, thus promoting economic development and forming a virtuous circle.