Benefit 16 million people in the province's basic pension insurance basic pension per person per month for 10 yuan per person

Qilu.com · Lightning News, September 8. Recently, with the consent of the Provincial Party Committee and the Provincial Government, the Shandong Provincial Department of Human Resources and Social Security and Shandong Provincial Department of Finance jointly issued a notice that since July 1, 2022, the residents of Shandong Province have basically basically The minimum standard for pension insurance is increased from 150 yuan per person to 160 yuan per person, that is, an increase of 10 yuan per person per month, an increase of 6.67%, and directly benefited from the province's 16 million residents' pension insurance benefits.

According to the national system, residents' pension insurance benefits are composed of basic pensions and personal account pensions. From the perspective of Shandong Province, these two parties show a trend of "dual growth". On the one hand, basic pension standards have been continuously improved. Since the establishment of the system in 2009, Shandong has improved the minimum standard for basic pensions nine times. According to their own actualities, some cities, counties (cities, districts) have further improved basic pension standards based on the minimum standards stipulated in the province. At the same time, Shandong has established a policy of appropriate tilt policies for urban and rural residents 65 and above. The treatment of people aged 65-74 and 75 (inclusive) or more. 5 yuan, 10 yuan. On the other hand, the level of personal account pension has continued to improve. Shandong adopts measures to establish a pension incentive mechanism for payment periods, improve the adjustment mechanism for payment subsidies, and carry out investment and operation of fund entrustment to encourage residents to participate in early insurance, long payment, and continuous insurance. The level of income continuously increases the accumulation of personal accounts and improves its own pension guarantee level.

In the next step, Shandong will focus on improving residents 'pension insurance policies, optimize and adjust the grade of pension insurance for residents, and promote the gradual improvement of the level of pension insurance benefits of residents, ensure the healthy and smooth operation of residents' pension insurance system, and better meet the increasing growth of the people. The need for endowment protection, continuously enhance the sense of gain, happiness, and security of the insured residents.