October 2014 is a very important time. From this time on, the state will implement the reform of the pension insurance system of government agencies and institutions. At the same time, the country has established a 10-year transition period, which will end in October 2024.
A friend asked, in October 2024, the pension will be integrated with enterprises and government institutions, is this true?
In October 2024, the pension insurance system will be merged.
In October 2024, it can be said that the pension insurance system of enterprises and government institutions has been further merged, but it cannot be said that the pension has achieved a comprehensive merger.
After October 2024, the pension of retirees of enterprises, government agencies and institutions will be fully calculated through three parts: basic pension, personal account pension and transitional pension. The calculation formula of the basic pension and the personal account pension is exactly the same.
However, even if the same enterprise retirees, the pension is also high and low, mainly because of the difference in the number of years of payment, the average contribution index of the person, the average salary, the balance of the personal account of the pension insurance, the retirement age and so on.
If the above factors of enterprise retirees are the same as those of retirees of government institutions and institutions, the calculated basic pension and personal account pension are exactly the same.
For example, if the average contribution index is 1.5 and the payment period is 40 years, the basic pension will receive 50% of the average social salary of the previous year of retirement. The balance of the personal account is 100,000 yuan, and the retirement at the age of 60 will receive about 720 yuan for the pension in the personal account.
In addition to the pension calculation, the pension increase will also be fully integrated, all the same. For example, in the 2023 pension adjustment plan for retirees in Shandong Province, the fixed adjustment part is an increase of 41 yuan per person per month, and the adjustment according to the payment period is to increase the basic pension by 1.2, 1.4, 1.6, 1.8 and 2.0 yuan according to different payment years, and the adjustment according to the pension level is to increase the basic pension by 1.25%, and the adjustment of the old age tilt is to increase by 15 yuan, 30 yuan and 60 yuan according to different ages. In addition, for the elderly who reached the age of 70, 75 and 80 in the previous year, there is an additional increase in pensions, and the standard for increasing the number of retirees in enterprises is even higher (290 yuan, 190 yuan and 360 yuan), and the retirees of government institutions and institutions are only increased by 20 yuan, 80 yuan and 80 yuan.
The parts that are still different after the merger.
First, the original pension is retained, and it is constantly changing through annual pension adjustments.
Second, the incentive of paying more and getting more for a long time has not changed, and the pension treatment will be higher if the payment base is high, the payment period is long, and the retirement age is late.
The third is the calculation of transitional pensions. The retirement pension of government institutions is calculated for the deemed payment period before October 2014, while the retirement of enterprises is for the payment and deemed payment period before the establishment of the local personal account system, which is generally much earlier.
Fourth, the calculation of the deemed contribution index. Corporate retirees generally do not have a deemed contribution index, or the deemed contribution index is calculated according to 1. For retirees of government agencies and institutions, the deemed payment index is determined comprehensively according to the standard of their own position level and living allowance at the time of retirement, and factors such as the promotion of professional titles before retirement can affect the deemed payment index, and the retirees of enterprises are almost unaffected.
Fifth, occupational annuity supplementary pension benefits. Occupational pension is a supplementary pension treatment that has been established simultaneously with the reform of the pension insurance system of government institutions and institutions. Although enterprises also have enterprise annuity systems, the coverage is relatively low, and most people do not have enterprise annuities.
The situation that the pension benefits of government institutions and institutions will be reduced is mainly related to occupational pensions. When the occupational pension personal account is paid, there will be no more occupational pension benefits. With the passage of time, the personal accounts of the first batch of retirees of government agencies and institutions with occupational pension benefits will also be received one after another (generally 14 or 5 years), and the retirement benefits will be reduced at this time. However, due to the small amount of money accumulated at that time, the elderly who retired in October ~ December 2014 actually only have a few yuan or a dozen yuan per month for occupational annuities, which has little impact. Over time, the amount of occupational pension will gradually increase, and the impact of suspension will be relatively obvious.
Generally speaking, the pension insurance system is successively realized, but the future pension treatment is still overpaid, and the long-term payment is basically unchanged. If you want to receive a higher pension, you still need to pay more. Otherwise, we can only wait for the pension to be adjusted every year and gradually narrow the gap between everyone's pension levels. #养老金知识小百科#