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Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

author:Wanzi-yi-hsien

Recently, with the coming of May, one of the questions that many people are most concerned about is, before the May Festival, will the pension adjustment notice be announced soon? This year's pension will be adjusted according to what proportion? When will it be reissued? What is the follow-up process? Let's take a look:

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Before May Day

Will the pension adjustment notice be announced?

In fact, judging from the timing of the announcement of the pension adjustment notice in recent years, there is still the possibility of an official announcement before Labor Day on May 1. For example, in 2020 and 2021, the notice of pension adjustment was announced in mid-April. Therefore, based on this historical data, we have reason to believe that it is also very possible to announce the pension adjustment in 2024 before May 1.

However, considering that the pension adjustment notice for 2022 and 2023 will be announced relatively late, basically in mid-to-late May, it is not ruled out that this pension adjustment notice may be in mid-May.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

However, as far as we are concerned, whether the pension adjustment notice is announced before or after the holiday, in fact, there will be no changes to the adjustment of our pension, and it will be adjusted from January 2024, so you can rest assured that the notice is only a matter of time sooner or later, and it will not affect the specific amount of adjustment.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

.02

What is the adjustment ratio?

Compared with when to notify the pension adjustment, now, everyone is more concerned about what the pension adjustment ratio will be this year?

Looking back on the past, there has been a continuous downward trend in pension adjustment, such as 5.0% in 2020, 4.5% in 2021, 4.0% in 2022, and 3.8% in 2023;

Therefore, we can boldly predict that, according to past practice, the pension adjustment in 2024 may be lowered again on the basis of 2023. There is a high probability that it will be maintained at an adjustment ratio of 3.5%~3.8%.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

But as for the specific amount, then we can only wait and see, because we can only know through the specific adjustment notice of the pension, but there is a high probability that there is a high probability that the possibility of the adjustment ratio exceeding 3.8% this year is basically non-existent.

Since there has not been a single year with an adjustment that has exceeded the previous year's adjustment from the past 19 years, either the same as the previous year's adjustment or slightly lower than the previous year's, the possibility of an adjustment of more than 3.8% this year should be non-existent.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

However, don't worry too much, we think that the possibility of the adjustment ratio being less than 3.5% is relatively small, after all, the pension adjustment ratio in 2023 will be reduced by only 0.2%, compared with 2022, the speed of the reduction has slowed down significantly, so it is expected that the reduction speed in 2024 will be similar to the situation in 2023, and there will be no too fast reduction, and the probability will be 0.2 or 0.3, maintaining the adjustment ratio of 3.5%-3.6%, which is very likely.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

.03

Pension adjustments

When will the reissue be in place?

It should be noted that the implementation time of each year's pension adjustment starts from January 1.

Therefore, although it is expected that the 2024 pension adjustment notice may not be announced until May, the pension adjustment does not mean that it will be implemented from May, but from January 1, 2024.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

So this involves the issue of retroactive payment of increased pensions. So when will the pension adjustment be paid in 2024?

First of all, it is necessary to determine when the pension adjustment in 2024 will be reissued, and it is necessary to understand when the adjustment plan will be formulated in various places.

According to the past practice, 31 provinces are generally required to formulate specific adjustment plans for their provinces by the end of May, and report them to the Ministry of Human Resources and Social Security and the Ministry of Finance for the record.

Pension adjustments can be implemented after the filing is successful, for example, the pension repayment in 2023 will be in place before the end of July.

Before May Day, the pension adjustment notice may be announced, when will it be reissued, and what is the follow-up process

That is to say, it basically takes more than two months from the announcement of the pension adjustment notice to the implementation of the final pension and the repayment. After all, this adjustment must be scientific and reasonable, social fairness, about when this year's pension will be in place, please retirees wait patiently for a period of time.

In short, the pension will rise as much as it should, and it will not pay retirees a penny. This is reassuring.

Wan Ziwen said: Every word of the article was typed out by me, and I clicked "watching" to let me know that you are also "doing your best" for life.

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