If we continue to increase the pension next year, then it means that the adjustment of our pension has achieved a trend of continuous growth for 18 years. Of course, I personally think that next year and 2022 pension, the probability of continued growth and adjustment is very large, basically there is no reason why it cannot grow. Therefore, each of us may believe that we can continue to usher in the adjustment of the pension next year, but in the process of pension adjustment, how much the specific adjustment ratio will be, which may not be guaranteed.
Looking back at the adjustment of our pension in the past 17 years, then in fact, this proportion of pension growth is still relatively logical. For example, since the normal adjustment of our pension began in 2005, almost in the first 10 years, it has been adjusted and increased according to a high-speed growth standard and proportion of 10%. It was not until 2016 that the pension growth dropped from the previous 10% to 6.5%, and the proportion of pension increases in 2017, 6.5%, fell to 5.5%.
After 2018 until 2022, the three years have maintained a growth rate of 5.0%, of course, in 2018, 2019 and 2020, there is not much growth change in nature, but 2018 is actually lower than 2017, because after all, the growth rate in 2017 is 5.5%, then after 2018, the growth rate is adjusted to 5.0%.
By the time of this year, the proportion of pension growth in 2021 has been further adjusted to 4.5%, which is slightly narrower than the level of last year's 2020, so many people are more concerned about this growth ratio, and whether it can continue to maintain a 5% growth in 2022 next year, or continue to maintain a 4.5%, such a constant growth ratio. If the proportion of pension growth is slightly narrowed, then it further means that the amount of adjustment we can get will be relatively reduced, which will indeed have a certain impact on our retirees, so this is also a problem that many people are more concerned about.
In fact, in recent years, the narrowing of pension growth, the main factor is because we ourselves as retirees to talk about the pension base has reached a certain high point, before 2015, may be your pension base is generally not very high, but after 2016, the pension base is slowly improving, then although this growth ratio has narrowed, but in fact, for each of us, the amount of growth obtained is relatively not very large. As for whether it will reach such a proportional growth rate of 5% in 2022, or continue to maintain a 4.5% proportional growth, we can only say that it is a matter of waiting and seeing.
But basically it can be determined that the probability of continuing to adjust next year is still very large, because this has been clearly written into the fourteenth five-year long-term planning outline to continue to increase the treatment of our pension, so this is enough to show that the pension can continue to adjust and grow, but the specific growth ratio needs to be redrawn every year, we can only wait patiently, between March and April next year, there are relevant departments to issue relevant notices, to be able to know specifically.
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