The minimum standard of basic old-age insurance for residents in July has risen to 100 yuan per person per month.
Shandong commercial newspaper reporter Liang g
with the consent of the Shandong provincial government, Shandong province has raised the basic pension minimum standard for basic pension insurance since July 1, 2016 It will increase from 85 yuan per person to 100 yuan per month, and the city or county (city or district) can also raise the basic pension level appropriately. It is reported that the improvement of the standard to achieve the basic pension insurance basic pension of the provincial residents 5 even increase, directly benefiting about 14000000 residents of the pension insurance benefits.
reporter learned from the official network of the Ministry of human resources and social security of People's Republic of China that the pension insurance benefits received by the pension insurance personnel of urban and rural residents after the retirement age, including the basic pension and the personal account pension.
first is the basic pension, which is the part of this improvement. The government pays the basic old-age pension in full to the insured persons who are eligible for the treatment, and the basic pension is appropriately added to the long-term payment.
next is a personal account pension. The personal payment and the government's subsidy to the insured personnel are all included in the personal accounts. The insured people choose their own grades, and the more personal contributions they pay, the more government subsidies they enjoy. The monthly accounting standard for personal account pension is currently divided by 139 of the total amount of personal accounts. Therefore, the more personal accounts accumulate, the more personal pension accounts will be received after the insured age reaches retirement age.