In July, the 2024 pension adjustment and compensation will be in place. Are ther

By the end of June, all 31 provinces in the country announced the pension adjustment plans for 2024. In accordance with the unified deployment and arrangements of the state, by the end of July, the pension adjustment differences for the 2024 fiscal year will be fully reimbursed nationwide. Today, a friend asked, is there a difference in the pension adjustment for the year 2024 in the four cities of Beijing, Shanghai, Guangzhou, and Shenzhen?

There are unified national requirements for the adjustment of retirement pensions, but there are also differences in different places.

Commonalities in pension adjustments.

On June 17th, the national notice for the adjustment of pensions for retirees in 2024 was announced. The notice clarified some national common requirements:

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① The start time and scope of the pension adjustment are from January 2024, targeting those who have completed retirement procedures and receive pension benefits on a monthly basis before December 31, 2023.

To be honest, in previous years, Guangdong Province also included those who retired from January to June of that year in the pension adjustment. However, in recent years, it has been fully unified.

② The overall level of pension adjustment, the state has clearly defined the overall level of pension adjustment for 2024 as 3%. Each province should use 3% as the upper limit to determine the local pension adjustment ratio and level.

③ The method of pension adjustment is mainly carried out through three methods: fixed amount adjustment, linkage adjustment, and appropriate inclination. Although the methods are the same, the proportion and standards of each part are stipulated by each place on its own.The differences in pension adjustment plans across three provinces.

① Although Guangzhou and Shenzhen are different cities with different pension calculation bases, the pension adjustment plan uniformly adopts the plan of Guangdong Province. The pension adjustment plan for Guangdong Province in 2024 is as follows:

- Fixed adjustment is 30 yuan.

- Adjustment based on contribution years, which is an increase of 1 yuan per month in the basic pension for each year of contribution. For contribution years exceeding 20 years, an additional 1 yuan per year is added for each full year beyond 20 years. For example, with 40 years of contribution, the increased pension amount is 40 yuan + (40 years - 20 years) × 1 yuan = 60 yuan.

- Adjustment based on the pension level, which is an increase of 1.16% of the individual's basic pension from December. If the pension is 6,000 yuan, the increased amount is 69.6 yuan.

- High-age inclination adjustment, which is an additional pension increase of 20 yuan, 30 yuan, 60 yuan, and 200 yuan for elderly individuals aged 70 and above, depending on different age brackets.

If the high-age inclination adjustment is not considered, a 40-year working history with a pension of 6,000 yuan can increase by 30 yuan + 60 yuan + 69.6 yuan = 159.6 yuan, with a growth rate of 2.66%.

② The 2024 basic pension adjustment plan for retired personnel in Beijing.

The most significant difference in Beijing's pension adjustment plan compared to other provinces is the part that is linked to the pension level.Quota adjustment: This year, the basic pension for each person is increased by 30 yuan per month, which is the same as in Guangdong Province.

Adjustment based on payment duration: For each year of payment duration, the basic pension is increased by 2.4 yuan, and by 0.2 yuan per month. This is one of the highest standards among all provinces in the country. With 40 years of service, one can increase by 96 yuan.

Adjustment linked to the pension level is divided into two parts: for pensions below 6,813 yuan, each person is increased by 30 yuan per month, and for pensions above 6,813 yuan, each person is increased by 15 yuan per month. Additionally, if the adjusted amount is below 6,843 yuan, it is supplemented to 6,843 yuan. At the same time, an increase of 0.2% is made based on the individual's basic pension. For a pension of 6,000 yuan, the increase would be 30 yuan + 12 yuan = 42 yuan.

For the adjustment favoring the elderly, it mainly targets additional pension increases for elderly people aged 65 and above, with different age groups receiving increases of 20 yuan, 40 yuan, 50 yuan, and 60 yuan. Additionally, for those who are 65 years old and have more than 30 years of service, an extra 5 yuan will be added to the pension.

With 40 years of service and a pension of 6,000 yuan, the total increase in money is 30 yuan + 96 yuan + 42 yuan = 168 yuan.

③ Shanghai's pension adjustment plan. Shanghai's pension adjustment plan is relatively straightforward, with a fixed quota increase of 61 yuan per person per month.

Adjustment based on payment duration: It is an increase of one yuan for each year, so for 40 years, it is 40 yuan.

Adjustment based on the pension ratio: It is an increase of 1% of the individual's basic pension from December 2023. For a pension of 6,000 yuan, this is an increase of 60 yuan.

The adjustment favoring the elderly is for those aged 70 and above, with additional pension increases of 25 yuan, 35 yuan, and 45 yuan.Pension of 6,000 yuan, with a working tenure of 40 years, the increased amount is 161 yuan.

Overall, as illustrated in the examples above, despite the significant differences in the pension adjustment plans, the actual increased pension amounts are 159.6 yuan, 168 yuan, and 161 yuan, with a difference within 10 yuan, which is not very large. #Top Headline Creation Challenge# #How is the pension specifically adjusted in 2024#

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