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In 2024, can the pension of the old educated youth be increased?

author:Social Insurance Settlement Research

Once upon a time, a group of energetic young people went to the countryside to support construction, but now this group of people is full of gray hair and has begun to reminisce about the past.

When I first joined the company, I met a very good teacher, he was a high-spirited young man, and when he showed me some old photos, he was not as painful as he imagined.

In 2024, can the pension of the old educated youth be increased?

Everyone knows the hardships of those years, and it must be deeply imprinted in their minds, but my master never said that he was bitter and tired, and he even thanked that time, which made him understand gratitude and cherishment.

Now that the master has retired, he has not cared about the pension, but I helped him pay attention to the relevant policies, and then found out: After the length of service of the educated youth in the countryside is determined, the pension can rise every year, and 2024 is no exception.

In 2024, can the pension of the old educated youth be increased?

01, what is the current situation of the old intellectuals

After returning to their hometowns, the old intellectuals have some jobs, and their current situation depends on the treatment that comes with their work. According to the Shanghai Educated Youth Association, 70% of the educated youth have a monthly income of less than 3,000 yuan, which seems to indicate one thing, that is, the living conditions of most of the old educated youth are no different from ordinary people.

My master is relatively lucky, after the retirement procedures are completed, the pension is about 7,000 yuan, which must also be related to the treatment of state-owned enterprises, which is also a lot higher than the treatment of most educated youth.

However, from the perspective of my master's mentality, the old intellectuals are unforgettable for those years and grateful for the existing life, and they are the older generation worthy of our respect.

In 2024, can the pension of the old educated youth be increased?

02, a blood-boiling document

In 1985, the Ministry of Labor and Personnel issued the "Notice on Solving the Problem of Calculating the Length of Service of the Former Educated Youth in the Countryside" (Lao Renpei [1985] No. 23 Document), which made all the young intellectuals enthusiastic, and finally affirmed their seniority during the period of going to the countryside.

How important is the length of service? When you are on the job, you can receive a seniority subsidy (if any) in the original unit, and when you retire, you can participate in the calculation of the pension, and when the pension rises, you can also participate in the rise.

To put it simply, the salary increase when you are in office and the pension increase when you retire is undoubtedly an affirmation of the contribution of all intellectual young people in the hard years of those years.

In 2024, can the pension of the old educated youth be increased?

03, will the pension rise more in 2024

Many knowledgeable young people on the Internet are still asking if the pension can be increased a little more in 2024, in fact, as long as the length of service is identified, it can be increased every year.

First of all, let's take a look at the retirement pension calculation, because of the recognition of the pension of the seniority:

(1) Overreceived transitional pension:

If my teacher's average contribution index (that is, the average payment grade) is 1, I retire in 2024, and I will go to the countryside for 4 years to determine the length of service, and the average salary in Dalian in 2013 is 8,690 yuan, and the calculation of the transitional pension is as follows:

Transitional pension = (the average salary of on-the-job employees in the city in the previous year + the average monthly indexed salary of the person) / 2 * (the number of years before the establishment of personal accounts + the conversion period of special types of work) * 1.4% = (8690 + 8690 * 1) / 2 * 4 * 1.4% = 486 yuan

(2) Over-received basic pension

The over-received basic pension = (the average salary of the city's on-the-job employees in the previous year + the average indexed monthly salary of the person) / 2 * (deemed payment period× 1% = (8690 + 8690 * 1) / 2 * 4 * 1% = 348 yuan.

Because the length of service during this period of time did not actually pay, so the pension of the personal account did not receive more, so in the calculation of pensions, because the old intellectuals recognized the length of service, they can receive these two parts of the pension, my case can show that the extra 486 + 348 is equal to 834 yuan.

Secondly, let's take a look at the rise in pensions. The annual increase in pensions is divided into fixed adjustments, linked adjustments and inclined adjustments, and the relevant ones linked to the length of service are linked to the linked adjustments.

Linked adjustment, one is linked to the pension level, the other is linked to the length of service, in fact, these two adjustments have a direct and indirect relationship with the length of service.

Therefore, after the previous length of service is determined, the pension will receive a lot more when he retires, and when the pension rises every year, the increase can be increased on this basis, which is the increase in the pension of the educated youth.

Many people may know that the educated youth recognize the length of service, but the pension increase brought about after the recognition of the length of service may not be counted, the calculation in the article is for your reference only, and you are welcome to like and comment.