In October 2024, there will be a very critical period coming, that is, the end of the 10-year transition period of pension insurance for government institutions and institutions, which also represents an important step in the integration of pensions of enterprises and government institutions. However, some people say that the pension merger should realize the unification of pension treatment of enterprises and government institutions, and the pension of enterprise retirees will be greatly improved, is this true?
At present, the formula for calculating the pension of corporate retirees is as follows:
The composition of the basic pension of enterprise retirees.
The basic pension mainly consists of three parts: basic pension, personal account pension and transitional pension.
1. The basic pension part is related to the three major factors of the average social salary of the previous year of retirement, the average contribution index of the person, and the number of years of payment.
Basic pension = the average monthly salary of employees on the job in the previous year of retirement or the local pension calculation base of the current year × (1 + average contribution index of the person) ÷ 2× payment period ×1%.
The basic pension part reflects the incentive of payment grade and payment period, as well as the ability to maintain and increase value linked to the social average. This part also belongs to the overpayment and long-term payment. If you always pay according to 100% of the grade, you will receive 1% of the pension calculation base for each year of payment. 30% for 30 years; Pay for 40 years and receive 40%.
2. The pension part of the personal account is equal to the balance of the personal account of the pension insurance ÷ the number of months determined by the retirement age.
This part is more like accumulating a part of your own pension. For each month of payment, 8% of the payment base is credited to the personal account, so the more you pay, the more rich the accumulation of the personal account will be.
Many low-paying personnel retire with a personal account of 5~100,000 yuan, but some people who pay according to 300% grade can have a maximum personal account of 500,000 yuan. And there will be more and more in the future, because the personal account system was established in various places around 1996.
3. The transitional pension part is mainly a kind of treatment compensation for the lack of personal account accumulation due to the lack of personal account accumulation for the payment period and the deemed payment period before the establishment of the personal account system. The transitional pension calculation formula of each province is comprehensively formulated according to objective factors such as local history, and has its own unique characteristics.
For example, the transitional pension calculation formula in Shandong Province is equal to the number of years of payment before the establishment of the account× the pension calculation base of the current year× the actual average contribution index of the person × the transitional coefficient of 1.3%.
The transitional pension for enterprise retirees in Beijing is divided into two parts. The first part is the period from October 1992 to June 1998, and the average contribution index is based on the average contribution index × the average social wage × a transitional coefficient of 1.0 per cent.
The second part is the deemed contribution period before October 1992, which is equal to the average wage× the transition coefficient of the relevant contribution period × 1.0%, × the deemed contribution wage index of 1.0%.
After the state promoted the reform of the pension insurance system of government agencies and institutions, it did not revise the pension calculation formula in various places, so the pension calculation and payment of enterprise retirees will not be abruptly increased.
As for the occupational pension system established by government agencies and institutions, enterprises have actually established a corresponding enterprise annuity system a long time ago, but it is only established by units with conditions, and it is not a mandatory unified establishment.
As for the pension adjustment of retirees, the state has gradually promoted the unified adjustment of pensions in enterprises and government institutions since 2016, and the vast majority of provinces have achieved it in 2023. Although the pension is subject to unified adjustment, the specific adjustment method is still carried out in accordance with the fixed amount adjustment, linked adjustment, and appropriate inclination. The quota adjustment takes into account fairness, the linked adjustment reflects the incentive mechanism of overpayment and long-term payment, and the tilt adjustment is to give preferential care to the elderly retirees and retirees in difficult and remote areas.
Generally speaking, pensions are also retirees with a high level of treatment and a long number of years of contributions, and the amount of money increased is large. However, relatively speaking, the pension level of retirees in some government institutions is high, but the proportion (speed) of increase through the adjustment plan will be lower than (generally lower than the average adjustment level), and the proportion of people with low pension level will be higher, which can effectively narrow the gap between people's levels.
The following is a summary table of the pension adjustment plans of various provinces across the country in 2023, I hope you can be useful.
To sum up, after the end of the transition period in October 2024, the pension of enterprise retirees will not be greatly increased, but will continue to be adjusted in accordance with the state's pension, which can effectively narrow the gap in the level of pensions. #头条创作挑战赛##养老金小知识#