There will be a "small accident" in the pension adjustment in 2024, when will the pension repayment amount be in place?
In 2024, there will be a little new change in the pension adjustment work, which is different from previous years, mainly in the late announcement of the pension adjustment increase, I believe that this is also a surprise for the relevant departments to give our retirees. If the pension adjustment plan can be announced in June, when will the pension repayment amount be in place? Let's take a look at it today.
In March this year, the two sessions clearly stated that "the level of pension treatment for retirees will continue to be improved in 2024", which gave the majority of retirees a reassurance. I thought that in April or May this year, the Ministry of Human Resources and Social Security and the Ministry of Finance would jointly announce the increase in pensions. However, as of the time of the editor's post, the increase in pensions has not yet been announced, which does surprise us.
According to past experience, the 2024 pension adjustment will be introduced in June. So when will the pension repayment work be in place? Speaking of which, we need to first take a look at the relevant procedures for pension repayment.
From the above, we can know that the reissuance work is generally divided into five steps:
The first step is the Ministry of Human Resources and Social Security and the Ministry of Finance. Jointly announce the overall plan for the year to determine the proportion of the increase.
The second step is for each province and region to formulate a pension adjustment plan for the province according to the actual situation.
The third step is to ask the Ministry of Human Resources and Social Security and the Ministry of Finance to approve and report for the record. The fourth step is to be approved by the Ministry of Human Resources and Social Security and the Ministry of Finance to announce it to the public.
The fifth step is to recalculate the benefits and make up the difference in the pension.
Therefore, according to the above steps, it is not difficult for us to find that if the Ministry of Human Resources and Social Security and the Ministry of Finance announced the increase in pensions in early June. The provinces and regions will speed up the formulation of pension adjustment plans according to the increase in the range. Then it is expected that the specific plan for the 2024 pension will be announced at the beginning of July or the end of June, and the repayment of the difference in the pension increase in 2024 will be realized by the end of July.
If the 2024 pension increase is announced a little later, then the repayment will most likely be completed in early August.
Are all retirees entitled to retroactive pension payments?
It should be clarified here that based on past experience, the scope of persons who can enjoy the pension difference in fiscal 2024 is individuals who have gone through retirement procedures and received a pension by the end of 2023.
For individuals who will go through the relevant retirement procedures in 2024, they will not participate in the adjustment of the pension for the time being.
The increase in the pension difference that retirees can enjoy is determined according to the increase in the pension and the specific adjustment plan of the local pension. Assuming that the pension increase in 2024 is 3.6%, then the per capita pension increase in 2024 is 3500×3.6% = 126 yuan, if the salary is paid back in August, the retiree can be repaid 126 * 8 = 1008 yuan.
Among them, the specific amount of individual pension adjustment should be added in accordance with the three aspects of "fixed adjustment, linked adjustment and inclined adjustment" in the pension adjustment plan announced by the province or region. Among them, for retirees over the age of 70, they can enjoy the tilt adjustment part, which can generally increase by about 10 yuan to 30 yuan per month.
Write at the end
Announcement of the 2024 pension adjustment increase. It is true that there have been some small accidents, but as the saying goes, a good meal is not afraid of being late, and we retirees are asked to wait patiently. It is believed that the specific increase in pensions may be announced at any time this month, or even sometime during the week.
The pension difference repayment work will also be in full swing, Xiaobian predicts that the implementation of the pension difference replacement work should be completed before mid-August.
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