This year, the pension level for retirees will be increased by 4%! How to adjust specifically? Attached is the latest notice of 2022 adjustments!

Not long ago, my country launched the individual pension system, which means that the pensions of urban and rural residents will increase. Just recently, the authorities announced that the pension level for retirees will be increased by 4% this year. So how will the 4% increase in pension level for retirees be adjusted specifically? What is the latest notice on pension adjustments for retirees in 2022?

1. How will the pension level for retirees be adjusted by 4% this year?

1. Adopt a method that combines fixed-rate adjustment, linkage adjustment and appropriate inclination, and unify the adjustment methods for retired employees of enterprises and government agencies and institutions.

2. Fixed-rate adjustments should reflect the principle of fairness; linked adjustments should reflect the incentive mechanism of more payment and more benefits, and longer payment and more benefits, and should be linked to the retirees' payment years (or working years) and basic pension levels;

3. For elderly retirees and retirees from difficult and remote areas, the adjustment level can be appropriately increased.

4. Continue to ensure that the basic pension for retired military-to-civilian cadres from enterprises who have been placed in local work and have participated in basic pension insurance is not lower than the average basic pension level of local enterprise retirees.

5. We should further strengthen incentives and appropriately increase the proportion of linkage adjustments.

2. What is the latest notice on pension adjustments for retirees in 2022?

1.2022 National Notice on Pension Adjustment for Retirees:

Retirees who have completed the retirement procedures as required and received basic pension on a monthly basis before December 31, 2021 can increase their pension. The national adjustment ratio will be determined according to 4% of the average monthly basic pension of retirees in 2021. Each province will use the national adjustment ratio as the upper limit to determine its own adjustment ratio and level. The adjustment method will adopt a combination of fixed-rate adjustment, linkage adjustment and appropriate inclination, and the adjustment methods for retired employees of enterprises and government agencies and institutions will be unified. The fixed-rate adjustment should reflect the principle of fairness; the linked adjustment should reflect the incentive mechanism of "the more you pay, the more you get, and the longer you pay, the more you get", and should be linked to the retiree's years of payment (or years of work) and basic pension level; for elderly retirees and retirees in difficult and remote areas, the adjustment level can be appropriately increased.

2.2022 Latest notice on pension adjustment for retirees in Guizhou:

Starting from January 1, 2022, the minimum standard of basic pension for urban and rural residents' basic pension insurance in our province will be increased to 113 yuan (including the minimum standard of basic pension determined by the central and provincial governments), which is an increase of 15 yuan from the original 98 yuan per person per month.

3.2022 Latest Notice on Pension Adjustment for Retirees in Jiangxi:

Starting from January 1, 2022, the minimum monthly per capita standard of basic pension for urban and rural residents' basic pension insurance in the province will be increased by 8 yuan. The funds needed for the increase will be shared by the provincial and county (city, district) finances in the ratio of 3:7 for general counties and 4:6 for counties where policies are extended in the western region. After the increase, the minimum standard of basic pension in the province is 123 yuan per person per month, of which: 93 yuan is subsidized by the central government, 15.1 yuan is subsidized by the provincial government for general counties, and 16.4 yuan is subsidized for counties in the western region where policies are extended, and the rest is borne by the county (city, district) finances.

4.2022 Latest Notice on Pension Adjustment for Retirees in Fuzhou, Fujian:

The minimum standard of basic pension for urban and rural residents' basic pension insurance in the city has been increased by 50 yuan. The adjusted minimum standard of basic pension at the municipal level is 240 yuan. The increase will be paid from January 1, 2022.

Summary: This year, the pension level for retirees will be increased by 4%. A combination of fixed-rate adjustment, linkage adjustment and appropriate inclination will be adopted, and the adjustment methods for retirees of enterprises and government agencies and institutions will be unified. Previously, many places have issued notices indicating that pensions will be increased, and many places will pay them from January 1, 2022.