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The 2024 pension adjustment will be a "small accident", will retirees over 70 rise more?

author:Social Security says notes

In 2024, the pension adjustment "reappears" episode, will the pension of retirees over 70 years old rise more?

The time has come to June, and the pension adjustment increase in 2024 has not yet been announced, which is also a "small episode" compared to previous years, because before that, it was released in April and May.

If the pension adjustment plan can be announced in June, will the increase for seniors over 70 years old be even more? Let's take a look.

The 2023 pension adjustment increase will be released in May, while the provincial pension plan will be announced in July, and the supplementary payment work in most provinces will also be completed before the end of July. Therefore, if the pension plan is announced in June this year, all provinces and regions will report to the Ministry of Human Resources and Social Security and the Ministry of Finance in accordance with the relevant procedures, and it is also expected to announce the specific adjustment plan for the pension in 2024 in early July.

The 2024 pension adjustment will be a "small accident", will retirees over 70 rise more?

Therefore, retirees should not worry, no matter how many months the pension increase is announced, and the specific plan is announced in a few months, we will make up for the increase in the previous months. If the increase in pension adjustment in 2024 is 3.6%, calculated according to the average amount of 3,500 yuan for corporate retirees in the country at the end of 2023, then each person can increase by 126 yuan per month.

If the increase in pension adjustment is announced in June and repaid in July, then the average per person can rise by 126×7 = 882 yuan; If it is reissued in August, then each person can be reissued 126×8=1008 yuan.

The 2024 pension adjustment will be a "small accident", will retirees over 70 rise more?

However, it is important to note that 3.6% is only an average increase, and does not mean that everyone is growing at this rate. The specific increase amount should be subject to the pension adjustment plan of the province. After all, the growth of pensions is closely linked to the three parts of "fixed adjustment, linked adjustment and inclined adjustment".

For retirees who have paid for a long time, have paid a large amount of money, and have a higher pension level at the end of 2023, the amount of pension growth in 2024 is relatively high, but the increase is not necessarily high. What types of retirees have relatively high pension amounts? Is it true that the elderly who are over 70 years old have a relatively high personality?

The 2024 pension adjustment will be a "small accident", will retirees over 70 rise more?

The amount of the increase for the elderly over 70 years of age shall be higher than the amount of the pension for the elderly over the age of 70 under the same circumstances. This is mainly because for the elderly over 70 years old can enjoy the pension adjustment plan in the old age tilt, generally speaking, it can rise by about 10 yuan to 30 yuan per month, depending on the local pension adjustment plan regulations.

Retirees under the age of 70 are not eligible for the tilt, so the increase is relatively low under the same circumstances. After all, it is also understandable that this also reflects the care and attention for the elderly.

Write at the end

In the case of a small episode in this year's pension adjustment increase, retirees should not worry. I believe that the pension increase will be announced in June, and you can roughly calculate the amount of personal growth according to the increase. Regardless of when the pension adjustment plan is announced, you can rest assured that the growth amount paid to retirees will also be paid on time.

For the elderly over 70 years old, they can enjoy the old age tilt part of the pension adjustment plan, so the pension increase amount is relatively high.

I believe that in 2024, corporate retirees will usher in new rising surprises, let's all wait and see!

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