Jilin Provincial Department of Human Resources and Social Security Jilin Provincial Department of Finance

"Notice on Adjusting the Basic Pensions for Enterprise Retirees in 2017"

Jirenshe Lianzi [2017] No. 45

Each city (state), Changbai Mountain Management Committee, each county (city, district) Human Resources and Social Security Bureau, Finance Bureau, and provincial coordinating units:

According to human resources According to the requirements of the Ministry of Resources and Social Security and the Ministry of Finance's "Notice on Adjusting the Basic Pension for Retirees in 2017" (Ministry of Human Resources and Social Security [2017] No. 30), with the consent of the provincial government and the approval of the Ministry of Human Resources and Social Security and the Ministry of Finance, we are now Notice on matters related to the adjustment of basic pensions for enterprise retirees in 2017 is as follows:

1. Time and scope of adjustment

From January 1, 2017, to December 31, 2016 Retired (retired) personnel who have gone through retirement procedures in accordance with regulations and receive basic pensions on a monthly basis will have their basic pensions increased.

II. Adjustment methods and standards

According to national requirements, the adjustment of the basic pension for retirees will adopt a combination of fixed amount adjustment, linked adjustment and appropriate tilt. The specific standards are as follows:

(1) Quota adjustment. An increase of 42 yuan per person per month.

(2) Hook adjustment.

1. Linked to the payment period. For the payment period up to 25 years (inclusive), the payment will be increased by RMB 1.5 per month for each full year; for the payment period from 26 to 30 years, the payment will be increased by RMB 2.5 per month for each full year; for the payment period from 31 to 35 years, the payment will be increased by RMB 2.5 per month. For every full year, the monthly increase is 3.5 yuan; for the payment period of 36 years and above, the monthly increase is 4.5 yuan. Any portion of the above payment period (including the deemed payment period, excluding the conversion period for special types of work) that is less than one year will be calculated as one year. Those who participate in the basic pension insurance in accordance with the "Five-Seven Family Employees" policy will not participate in the adjustment of the payment period.

2. Linked to the basic pension level. The monthly increase is 1% of the monthly basic pension amount within the project planned by me at the end of 2016.

(3) Tilt adjustment. The following retirees will receive an appropriate increase in basic pension based on the above adjustment standards.

1. Elderly retirees. As of December 31, 2016, those aged 70 to 74 will receive an increase of RMB 40 per month; those aged 75 to 79 will receive an additional RMB 50 per month; those aged 80 and above will receive an additional RMB 60 per month.

2. Establish government agencies and institutions to subsidize enterprise retirees in counties (cities, districts) in hard-to-reach remote areas, with an increase of 5 yuan per person per month.

3. If the adjustment amount for enterprise work-related injury retirees linked to the payment period is less than 50 yuan, it shall be calculated as 50 yuan.

4. After enterprise retired military cadres are adjusted according to the above standards, the basic pension will not reach the monthly per capita basic pension of enterprise retirees in the local (city, county, and provincial direct coordinating unit is the province) after adjustment. Gold level grants top up to that level.

(4) Other matters. For public institutions that have participated in the basic pension insurance for enterprise employees, the basic pension paid by the fund for their retirees shall be implemented in accordance with the aforementioned adjustment methods and standards.

3. Funding channels

For retirees participating in the basic pension insurance for enterprise employees, the funds required to adjust the basic pension will be disbursed from the basic pension insurance fund for enterprise employees. For those who have not participated in the basic pension insurance for enterprise employees, the funds required for adjustment will be provided through the original channels.

4. Approval and issuance

To adjust the basic pension for enterprise retirees, the employer or retiree file management agency shall fill in the approval form uniformly formulated by the province and submit it to the local social insurance agency. After review by the agency and approval by the human resources and social security department, the social insurance agency will be responsible for disbursing the funds in full and on time.

5. Work Requirements

Adjusting the basic pension for enterprise retirees reflects the close care of the Party Central Committee, the State Council, the provincial party committee, and the provincial government for the vast number of retirees. All localities must effectively Strengthen leadership, make careful arrangements, clarify responsibilities, strengthen cooperation, accurately interpret policies, correctly guide public opinion, and actively and steadily organize and implement implementation. The increased basic pension will be paid in full as soon as possible.