Will the pensions of retired employees still increase in 2023?
This may be a topic that many elderly people are concerned about. Since pension adjustments have been declining every year in recent years, coupled with the increasing aging of our country, many elderly people worry that if their pensions are not enough, their pensions will not increase. The pension increase will only be 4% in 2022. Will it continue to increase in 2023? The answer is yes.
Pension growth mainly depends on three major data . According to the provisions of the "Social Insurance Law", the level of basic pension insurance benefits should be increased in a timely manner based on the average social wage growth and price growth. In fact, in addition to the two major factors of social average wage and price growth, it also depends on social affordability. Let us take a look at the omens of these three major data:
First, the growth of the average social wage.
In 2021, our social average wages have experienced rapid growth. The average social wages in non-private units in cities and towns across the country have increased by 9.7%, and by 8.9% in private units. The average monthly salary in urban non-private units in Beijing and Shanghai has exceeded 16,000 yuan. The growth of the average social wage has inertia, so the average social wage in 2022 will continue to grow.
Although no wage data for 2022 has been announced by various regions, the National Bureau of Statistics announced that from the first to the third quarter, the per capita disposable income of national residents was 15,678 yuan, a year-on-year increase of 75.1%. These wages are created by employed people, and due to the impact of aging, the actual number of employed people is decreasing every year. Therefore, overall, the average social wage growth rate is expected to be relatively considerable.
Second, price growth.
To calculate the inflation of and , very complex data is required. According to the consumer price index commonly used in my country, the first to third quarters increased by 2.0% year-on-year, including a year-on-year increase of 1.6% in November. For retired people, the most important consumption is daily food, clothing, housing and transportation. Among them, the price of food, tobacco and alcohol increased by 3.0% year-on-year in November. In particular, the price of pork increased significantly compared with last year (of course, there will be a decrease when comparing only one category).
In order to maintain the purchasing power level of pensions for the elderly, especially those for low-income groups, the average increase in pensions will definitely be higher than the consumer price index.
Third, social affordability.
First of all, our pension insurance fund still has sufficient payment capacity. This year, the Ministry of Human Resources and Social Security did not separately announce the cumulative balance of the basic employee pension insurance fund, but it made it clear that the cumulative balance of the three basic pension, work-related injury and unemployment funds has reached 7.24 trillion yuan.
According to the 2021 Human Resources and Social Security Development Statistical Bulletin, the total revenue of our basic employee pension insurance fund that year was 6,045.5 billion yuan, the expenditure was 5,648.1 billion yuan, the cumulative balance was 5,257.4 billion yuan. This year, revenue will still exceed expenditure, and the cumulative balance is expected to continue to grow.
In addition, our pension insurance is a type of social insurance. In fact, pension is one of the important responsibilities of society, not a simple pension insurance fund.
The country has already promoted the allocation of equity of state-owned enterprises to social security funds before the end of 2020, and 10% has been allocated so far. It is expected that the sum of this part of equity investment by the central and local governments can reach more than 4 to 5 trillion yuan, and dividends can bring benefits and reduce the pressure on pension insurance funds.
China has established a national social security fund since 2000 to accumulate funds for the uncertainty risks of social insurance. At the end of 2021, the equity of my country's social security fund has reached 2.59808 billion yuan, which is also the pillar for the continued growth of pension funds.
In addition, the state will also improve our country’s pension insurance system and optimize the income and expenditure of pension insurance funds. For example, during the 14th Five-Year Plan period, we will promote progressive postponement of retirement, gradually increase the minimum payment period for receiving pensions, and ease the pressure on social security funds.
In summary, based on the current data, there is no doubt about the growth of pension funds in 2023. It is believed that the 19th consecutive pension increase for retirees will come soon.#public health care·reunion season#
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-