What kind of notice is it, so worrying, this notice is the notice of adjusting the basic pension of retirees in 2024, this notice is the order to increase the pension, there are hundreds of millions of retirees, I believe that every retiree hopes that this notice will be announced as soon as possible, the sooner the better, it is best to announce it in a few days, and then the heart will be basically down-to-earth.
Although this notice has not yet been announced, judging from the adjustment of pensions in recent years, it is unlikely that the adjustment ratio will reach 4.5% in 2024, because the GDP growth in 2023 will be 5.2%, and the growth has slowed down significantly;
Of course, the above expectations are all on the bright side, and it is not excluded that the adjustment ratio may be reduced to 3.5% or even lower, everything is possible. I think that at the beginning, the adjustment ratio of 10% lasted for many years, and everyone didn't want to blurt out that it was still 10%, which is needless to say, it can be said that it is full of confidence.
When the proportion of pension adjustment fell to 6.5% in 2016, everyone realized that the adjustment ratio of 10% was over, and it was impossible to see it in the future.
After many years of adjustment, if this is the case, I haven't even given a chance to rebound for a year, either sideways, or continuous decline, and I don't expect a rebound in 2024, and it can continue to be sideways even if it is a big victory, a consolation prize.
Although the proportion of pension adjustment is still unknown, the method of adjusting the pension will not change, because the method of fixed adjustment, seniority-linked adjustment, pension-linked adjustment, and age-linked adjustment is a very mature and fair method, which takes into account the interests of all parties.
The age-linked adjustment method is a very fair way to show that heroes are judged by their age, and they cannot enjoy the treatment of increasing the old-age allowance if they are not at the age specified in the policy.
If you reach the age standard, you can enjoy the treatment of increased old age allowance, and the older you are, the more you can increase the old age allowance. The age-linked adjustment, which is neither linked to length of service nor to pensions, is arguably one of the most fair ways to do so. I remember that when the pension was adjusted in 2023, the old age allowance for retirees from Shandong enterprises who will reach the age of 70 during 2022 will increase by 290 yuan, which is really enviable.
The requirement for this age is that the retiree must reach the age of 70 during the year preceding the pension adjustment. That is, retirees born in 1953 can enjoy the treatment of increased old age allowance when the pension is adjusted in 2024, and retirees born in 1954 cannot enjoy the treatment of increased old age allowance.
Only retirees from Shanghai, Beijing and Zhejiang are eligible for the increased old-age allowance as young as 60 years old (Shanghai female retirees born in 1963) or 65 years old (Zhejiang female retirees born in 1958, Shanghai male retirees born in 1958, and Beijing retirees born in 1958).
Looking at it this way, the most difficult thing for retirees in the vast majority of provinces and cities to get is the age-linked treatment of increasing the old-age allowance.
Female retirees are entitled to the increased old-age allowance only after 20 years of retirement (excluding special circumstances), and male retirees are entitled to the increased old-age allowance only after 10 years of retirement (excluding special circumstances).
The old-age allowance treatment is the treatment that lasts the most, the treatment that enjoys the latest time, or the treatment that enjoys the shortest time. (Original: Zhou Fengchi)