Beijing continues to adjust pensions for retirees, which will be paid before the end of July.

Cctv news: On July 14th, Beijing Municipal Bureau of Human Resources and Social Security released the adjustment plan of relevant social security treatment standards in 2022. According to the national requirements, since January 1, 2022, Beijing has continued to adjust the basic pension for retirees of enterprises, institutions and institutions (including retired and retired personnel).

This year’s adjustment will continue to be carried out in accordance with the combination of quota adjustment, linked adjustment and appropriate inclination, and continue to maintain the adjustment method of increasing inclination to retirees with early retirement time, continuous service and long payment period, so that they can enjoy the fruits of social development more.

This adjustment is aimed at retirees who have gone through retirement formalities before December 31, 2021 (inclusive). It is estimated that more than 3.18 million retirees from enterprises, institutions and institutions will be benefited, and pensions will be reissued from January this year, of which enterprise retirees and reissued pensions will be paid in place on July 15. The specific adjustment measures are as follows:

(A) the quota adjustment of basic pension

For each retiree, 36 yuan will be increased each month.

(B) linked to adjust the basic pension

1. Linked to the payment period

This year, we will continue to implement the method of generally increasing the basic pension linked to the payment period. Among them, for retirees who have paid for 10 years or more, the 3 yuan will be increased every month for every 1 year; For the remaining months less than the whole year, the monthly increase is 0.25 yuan. If the payment period is less than 10 years (excluding retirees who transfer from land acquisition to work), the 30 yuan will be increased per person per month; Retirees whose payment period is less than 15 years will receive an increase of 45 yuan per person per month.

2. Linked to the pension level

According to the monthly basic pension level of retirees before the end of 2021, the per capita disposable income level of residents in this city in 2021 (6250 yuan) is used as the baseline to divide into two grades, and each person with more than 6250 yuan will increase 20 yuan per month, and each person with less than 6250 yuan will increase 50 yuan per month.

At the same time, in order to give consideration to fairness, for retirees whose monthly pension level was above 6,250 yuan before adjustment, if it is still below 6,300 yuan after adjustment linked to the pension level, it will be replenished to 6,300 yuan. [See Chart 1]

Chart 1

For example: Uncle Wang, 64 years old, with a payment period of 37 years and a basic pension of 6,255 yuan/month. According to the corresponding standards, 20 yuan should be raised to 6275 yuan when added to the original pension. However, in December 2021, when people with pensions below 6,250 yuan rose to 50 yuan, some people would reach 6,300 yuan (6,250+50), which was higher than Uncle Wang’s 6,275 yuan. Therefore, Uncle Wang was given a higher 25 yuan to make him reach 6,300 yuan. In the adjustment linked to the pension level, Uncle Wang actually increased 45 yuan every month.

This year’s adjustment, Uncle Wang increased by 192 yuan per month, and the basic pension after adjustment was 6447 yuan/month.

(3) Appropriate tilt to senior retirees

For retirees who retire early and are older, in order to further improve their basic living standards, we will continue to give preferential treatment to senior retirees this year. For senior retirees who have reached the age of 65 or above before December 31, 2021, after adjustment according to the above measures, they will once again enjoy the preferential policy of four grades from 40 yuan to 70 yuan. That is, retirees aged 65 to 69 will increase their 40 yuan every month; 70 to 74 years old, each person will increase 50 yuan every month; Each person aged 75 to 79 will add 60 yuan every month; 70 yuan will be increased every month for each person over 80 years old.

On this basis, for retirees over 65 who have paid for 30 years, the 5 yuan will be increased every month, so as to reflect the further preference for retirees with early retirement time, continuous service and long payment period. [See Chart 2]

Chart 2

For example: Aunt Zhao, 68 years old, with a payment period of 33 years, has a basic pension of 4,500 yuan/month.

This year’s adjustment, Aunt Zhao added a total of 230 yuan every month, and the basic pension after adjustment was 4,730 yuan/month.

For example: Uncle Liu, 80 years old, with a payment period of 40 years and a basic pension of 5,700 yuan/month.

This year’s adjustment, Uncle Liu increased by 281 yuan per month, and the basic pension after adjustment was 5981 yuan/month.

(D) Two special adjustment methods

First, continue to adjust the retirement benefits of old workers who participated in revolutionary work before the founding of the people’s Republic of China. This adjustment will still be made according to the previous year’s method, that is, those who participated in the revolutionary work from July 7, 1937 to September 2, 1945 will receive an increase of 335 yuan per person per month; Those who took part in revolutionary work from September 3, 1945 to September 30, 1949 received an increase of 305 yuan per person per month. On the basis of the adjustment of the above two standards, they also enjoy the preferential policy for senior retirees. This adjustment will generally increase by 375 yuan/month to 405 yuan/month.

The second is to ensure that the retired military cadres of enterprises and the former industrial and commercial personnel are not lower than the average pension level of enterprise retirees in the city after adjustment. After increasing the basic pension according to the quota and payment period and increasing the basic pension according to the absolute amount, if the basic pension of enterprise retired military cadres and former industrial and commercial workers is lower than the adjusted average pension level of enterprise retirees in the city, it will be replenished to the average level. At the same time, senior retirees who have reached the age of 65 or above before December 31, 2021 (inclusive) also enjoy the preferential policy for senior retirees.

The pensions adjusted by the retirees before December 31, 2021 (inclusive) of the municipal institutions and institutions will also be paid in place before the end of July.