In fact, the mainland's pension system has been reformed several times, and each time there will be special circumstances. In order for the reform to proceed smoothly, transitional pensions came into being. It was at this time that the "MiddleMan" was born!
What is a "middle man"?
The "middle-aged person" mentioned in the social security field does not refer to a certain individual, but to a group of people who are eligible for a transitional pension.
The mainland's social pension system was greatly reformed in 2014, that is, the "enterprise employee retirement system" and the "retirement system of organs and institutions" were merged. Since in the past, the personnel of organs and institutions themselves did not need to pay social security, so after the merger, the pension received by these people will certainly be lower than that of retirement from enterprises. In order to make up for this difference, there are "middle people" who can apply the transitional pension system.
What are the reissuance standards for "Middle-aged People" in 2015?
In 2015, the standard of "middle-aged people" was 10% higher than that of pensions.
Specifically, those who retired between October 1, 2014 and December 31, 2015, were in the first year after the social security reform. According to the specific provisions of "guaranteeing the low and limiting the high", there are two situations in the specific calculation and issuance method:
1. "Keep it low"
If the pension calculated according to the old method is higher than the pension calculated in the new method, the pension will be paid in accordance with the old method according to the idea of ensuring that retirement benefits are not reduced.
At this time, because the actual pension is higher than the current pension, there is naturally no reissuance.
2. "Height Limit"
If the pension calculated according to the old method is lower than the pension calculated in the new method, in order to achieve the purpose of limiting the height, it is necessary to pay the pension according to a certain proportion of the difference during the 10-year transition period.
Specifically, the proportion of reissues has increased from 10% to 100% year by year. From October 1, 2014 to December 31, 2015, the proportion of reissues is 10% for the first year, and the proportion of reissues has increased by 10% every year thereafter.
illustrate:
Tiger Brother joined the workforce in 1980 and retired in 2015. The pension calculated according to the old method is 7,000 yuan per month for retired "middle people" who belong to social security, and the pension calculated by the new method is 8,600 yuan per month.
The new method is 1600 yuan more than the pension calculated by the old method. Then the amount of reissuance = 1600 * 10% = 160 yuan.
Therefore, when Brother Tiger retired in 2015, the actual monthly pension = 7000 + 160 = 7160 yuan.
In addition, Tiger Brother also has an occupational pension, which can also increase retirement benefits.
Has there always been a transitional pension?
Transitional pensions are special policies of the transitional period and will not always exist. The transition period is also limited, and when the transition period is over, the transitional pension will naturally disappear.
Transitional pensions are mainly to solve the problem of insufficient payment period for public institution personnel. Transitional pensions exist from October 2014 to September 2024.
illustrate:
Tiger Tiger retired in June 2021. Since tigers themselves had not paid social security insurance before the 2014 reform, the payment period of tigers was less than 15 years.
However, Huhu has been working for more than 30 years, and in order to make up for the lack of contributory years, it is necessary to adjust the actual pension through transitional pensions in accordance with the standard of "middle people".
Who can receive a transitional pension?
Since it is a transitional pension, it is naturally impossible for everyone, in all cases, to be available.
In fact, the transitional pension is more of a supplement. In the process of merging our country's social security system, the interests of some people will certainly be affected. In order to make the social security system better able to complete the transition, the state will issue transitional pensions for those who retire after October 2014 and before September 2024.
Since 2014, all employees are required to pay social security. After a 10-year transition period, after retirement, the pension that public institution employees may receive will be directly related to their own contribution period, and the difference with the retirees of enterprise units will be minimal.
Resources:
"Implementation Measures for the Reform of the Pension Insurance System for Staff of Beijing Municipal Organs and Public Institutions"
Decision of the State Council on the Reform of the Pension Insurance System for Staff of Organs and Public Institutions (Guo Fa [2015] No. 2)