When will this year’s pension increase be in place？ Tell us more about the payment schedule.

　　BEIJING, Beijing, July 14 (Reporter Li Jinlei) When the pension increase will be put in place this year is a common concern of retirees. The reporter from Zhongxin. com (WeChat WeChat official account: cns2012) found that Shanghai has taken the lead in raising pensions and distributing them, while Beijing, Tianjin, Zhejiang and other places have revealed the distribution schedule, which is expected to be in place by the end of September.

　　At present, only Shanghai pensions are paid in place.

　　The Ministry of Human Resources and Social Security and the Ministry of Finance issued the Notice on Adjusting the Basic Pension for Retirees in 2016 in April this year. From January 1, 2016, retirees from enterprises, institutions and institutions who have gone through retirement procedures according to regulations and received basic pensions on a monthly basis will raise the basic pension level, and the overall adjustment level will be about 6.5% of the monthly basic pension for retirees in 2015.

　　According to the requirements, all regions shall, in accordance with the deployment of the State Council and the actual situation in the region, formulate specific implementation plans, report them to the Ministry of Human Resources and Social Security and the Ministry of Finance for examination and approval, and promptly organize their implementation, so as to distribute the adjusted and increased basic pension to retirees as soon as possible.

　　Now, the time has entered mid-July, and the reporter of Zhongxin. com noticed that at present, except for Shanghai, which has issued a specific plan for pension adjustment, the adjustment plans of other provinces have not yet been introduced.

　　More disclosure of pension payment schedule

　　Although the adjustment plans of most provinces have not yet been introduced, some areas such as Beijing, Tianjin and Zhejiang have revealed the timetable for pension payment to the society through various forms.

　　Xu Xi, director of Beijing Municipal Bureau of Human Resources and Social Security, said on the 12th that Beijing will continue to increase pensions for enterprise retirees this year. The increased pensions will be reissued in January this year and will be paid in place at the end of September.

　　Tianjin Municipal Bureau of Human Resources and Social Security recently revealed in response to a question from a netizen in the local media that the current pension capital increase plan is in the process of approval and is expected to be issued at the end of September.

　　The Zhejiang Provincial Department of Human Resources and Social Security also said in its reply to the netizen’s consultation in official website that according to the deployment requirements of the state, the provincial party committee and the provincial government, the Zhejiang Provincial Transfer Plan has been submitted to the Ministry of Human Resources and Social Security and the Ministry of Finance for examination and approval, and will be organized and implemented after approval, and it is expected to be distributed in place before the end of September.

　　Anhui Provincial Department of Human Resources and Social Security revealed in its reply to netizens’ consultation in official website that since it is the first time this year to co-ordinate arrangements for government institutions and enterprise retirees to adjust the basic pension synchronously, the policy is complicated, and the Department of Human Resources and Social Security and the Provincial Department of Finance will, in accordance with the requirements of national deployment, draw up an adjustment plan for pension benefits in Anhui Province on time, submit it for approval according to procedures, and organize its implementation in due course.

　　Not every retiree’s pension has increased by 6.5%.

　　It is reported that this pension adjustment is the first time to adjust the treatment according to the basic pension adjustment method since the reform of the endowment insurance system of government agencies and institutions on October 1, 2014. It is also the first time for retirees from enterprises and institutions to adjust the treatment simultaneously. It is estimated that more than 85 million retirees from enterprises and more than 17 million retirees from government agencies and institutions will benefit, and a total of more than 100 million retirees will benefit.

　　It should be noted that Jong Li, spokesperson of the Ministry of Human Resources and Social Security, said at the press conference in the first quarter of this year that the adjustment level of about 6.5% is the overall level of adjustment of retirees’ treatment in enterprises, institutions and institutions, not that retirees in enterprises and institutions are adjusted at the rate of 6.5% based on their respective pension levels, not to mention simply increasing the pension by 6.5% for every retiree.

　　Jong Li pointed out that due to the differences in economic development levels in different places, and the reform of the endowment insurance system in government agencies and institutions has just started, this adjustment of basic endowment insurance needs to fully consider the balance between enterprises and government agencies and institutions, the balance between regions, and the convergence of treatment adjustment methods before and after the reform of government agencies and institutions. Therefore, the specific adjustment methods of local enterprises and institutions may be slightly different, and for individuals, there will be a certain gap in the actual adjustment level due to factors such as different payment years or working years and different pension levels.

　　The reporter from Zhongxin. com noted that the adjustment plan in Shanghai shows that for enterprise retirees, the 80 yuan will be increased every month, and then the 2.5 yuan will be increased every month according to the payment period (including deemed payment period), and then the basic pension I received in December 2015 will be increased by 2.5%. For retirees from government agencies and institutions, the 80 yuan will be increased per person per month, and the average pension of similar personnel will be increased by 4.5%. In addition, among the above-mentioned retirees, before December 31, 2015, women aged 60 or above and men aged 65 or above will receive a monthly 20 yuan.