The treatment of endowment insurance in 10 provinces this year is determined： encouraging overpayment is related to hundreds of millions of people.
The treatment of endowment insurance in 10 provinces this year is determined: encouraging overpayment is related to hundreds of millions of people.
Zhongxin Jingwei Client April 2 (Dong Xiangyi) According to the incomplete statistics of Zhongxin Jingwei Client, from January 1, 2020, Beijing, Guangdong, Zhejiang, Shaanxi, Tianjin, Chongqing, Anhui, Jiangsu, Tibet, Inner Mongolia and other provinces, autonomous regions and municipalities have implemented the newly revised implementation plan of basic old-age insurance for urban and rural residents, adjusted the individual payment grade standards in many places, and raised the payment ceiling.
It is understood that in 2018, the number of people participating in insurance payment nationwide was 510 million, and the number of people receiving treatment exceeded 150 million. With the continuous improvement of the basic old-age insurance system for urban and rural residents, urban and rural residents are expected to receive a higher level of pension.
Photo by Xin Jingwei in the data map
Adjust the endowment insurance for urban and rural residents in many places
First of all, popular science, at present, China has established two major institutional platforms: basic old-age insurance for employees and basic old-age insurance for urban and rural residents. Simply put, the former is distributed to employees of urban enterprises, government agencies and institutions, while the latter is distributed to unemployed residents and rural residents.
The "basic old-age insurance benefits for urban and rural residents" mentioned in this paper consists of basic pension and personal account pension, which are paid monthly and paid for life. Among them, the basic pension is determined by the central and local governments; Personal account pension is determined by dividing the total storage amount of personal account by the calculation coefficient.
On March 30th, Beijing announced the payment standard of basic old-age insurance for urban and rural residents in 2020. Considering the city’s economic development and income growth of urban and rural residents, the minimum payment standard is 1000 yuan, and the maximum payment standard is 9,000 yuan. This standard remains unchanged compared with last year.
The client of Sino-Singapore Jingwei found that, except Beijing, from January 1, 2020, Guangdong, Zhejiang, Shaanxi, Tianjin, Chongqing, Anhui, Jiangsu, Tibet, Inner Mongolia and other provinces, autonomous regions and municipalities implemented the newly revised implementation plan of basic old-age insurance for urban and rural residents.
Judging from the content of local adjustment, three major tasks are mainly defined: first, improve the treatment determination mechanism; The second is to establish a normal adjustment mechanism for basic pensions; The third is to establish an adjustment mechanism for individual payment grade standards. In addition, many places require the preservation and appreciation of personal account funds, the provincial collection and entrusted investment of basic old-age insurance funds for urban and rural residents, and the improvement of personal account pension level and fund payment ability.
Personal payment grade increased
The Zhongxin Jingwei client noticed that the payment grade has been adjusted many times this year, and the insured can choose the grade independently.
Taking Chongqing as an example, the individual payment grade has been adjusted from the original 12 grades to 13 grades, with the lowest payment grade still being 100 yuan per person per year and the highest grade being adjusted to 3,000 yuan per person per year.
Anhui has also added payment grades. On the basis of the original 12 grades of 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1,000 yuan, 1,500 yuan, 2,000 yuan and 3,000 yuan, three grades of 4,000 yuan, 5,000 yuan and 6,000 yuan have been added.
Tibet has raised the minimum payment grade standard from 100 yuan to 200 yuan, adding three higher payment grades of 3,000 yuan, 4,000 yuan and 5,000 yuan. After adjustment, there are 15 payment grades for urban and rural residents to choose from.
Tianjin stipulates that the standard for the first to fifth grades remains unchanged, and it is still from 600 yuan to 1,800 yuan, which is worse than 300 yuan; The standard for grades 6 to 10 is appropriately raised and adjusted to 2,400 yuan to 4,800 yuan, which is worse than that of 600 yuan.
The reason for this adjustment is that the Tianjin Municipal Bureau of Human Resources and Social Security said that the original lower first to fifth gears will not be adjusted, mainly considering the economic ability of low-income groups, especially those on the edge of poverty, which is conducive to this group’s ability to pay insurance premiums year by year; Raising the payment standard of six to ten grades can enable residents with better economic conditions to increase their personal account accumulation by choosing high-grade payment. "It not only takes into account low-income groups, but also appropriately widens the gap through high grades."
Guangdong has cancelled a payment grade and adjusted the original ten payment grades to nine grades of 180 yuan, 240 yuan, 360 yuan, 600 yuan, 900 yuan, 1,200 yuan, 1,800 yuan, 3,600 yuan and 4,800 yuan per year.
Data Map Source: Baotu. com
Reflect the appropriate tilt, pay more and get more
In order to further improve the incentive of the system, many places have appropriate policies for the elderly insured; There is also a related incentive mechanism for long-term payment, which reflects the overpayment.
In fact, in 2018, the Ministry of Human Resources and Social Security and the Ministry of Finance issued a heavy document, namely, "Guiding Opinions on Establishing the Basic Old-age Insurance Treatment for Urban and Rural Residents and the Normal Adjustment Mechanism for Basic Pensions". The document stated that the local government should raise the basic pension standard according to local conditions and give appropriate inclination to urban and rural elderly residents aged 65 and above; For long-term payment, more than the minimum payment period, the basic pension should be appropriately added.
Let’s look at local policies again: Take Tibet as an example, the basic pension for the insured between the ages of 65 and 69 will increase 10 yuan per person per month; For the insured persons aged 70 and above, the basic pension will be increased by 20 yuan per person per month. In addition, for those who have paid for more than 15 years, 5% of the basic pension of the current year will be added every year.
Tianjin has made it clear that the basic old-age insurance policy for urban and rural residents embodies the "export-oriented" incentive principle of treatment. If the insured person has accumulated a payment period of more than 15 years, the basic pension will be issued with additional 4 yuan every month for every one year.
Guangdong has made it clear that the insured who has paid for more than 15 years will be paid no less than the basic pension in 3 yuan every month for more than 1 year.
Both Anhui and Shaanxi have proposed that for the insured who have paid for more than 15 years, the minimum monthly basic pension will be 2 yuan per person per month for each additional year.
Zhang Yinghua, executive researcher of the World Social Security Research Center of China Academy of Social Sciences, said that the mechanism of "paying more and making up more" aims to encourage the insured to pay more and get a higher pension in the future, thus improving the security.
Photo by Xin Jingwei in the data map
The scale of entrusted pension investment has exceeded one trillion yuan.
How much is the basic endowment insurance fund for urban and rural residents now? According to Fu Jinling, director of the Social Security Department of the Ministry of Finance, in 2018, the total income of funds nationwide was 387 billion yuan, and the total expenditure was 293.8 billion yuan. The balance in that year was 93.2 billion yuan, and the accumulated balance was 727.4 billion yuan.
In January this year, Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, said that by the end of 2019, 22 provinces (autonomous regions and municipalities) had signed entrusted investment contracts for basic old-age insurance funds, with a total entrusted amount of 1,093 billion yuan. Among them, 19 provinces (autonomous regions and municipalities) have started entrusted investment in the basic old-age insurance fund for urban and rural residents, with a contract value of 212.3 billion yuan, an increase of 135 billion yuan over the same period of last year. The investment income of the basic old-age insurance fund has achieved steady growth.
According to the previous report of the Economic Information Daily, a number of authoritative sources revealed that in addition to promoting the national overall planning of the basic old-age insurance fund and comprehensively promoting the reform of the old-age insurance system of institutions and institutions, the intensity of pensions entering the market will also increase, and the pension investment of urban and rural residents will achieve national coverage before the end of 2020.
Dong Dengxin, director of the Institute of Financial Securities of Wuhan University of Science and Technology, believes that as the accumulation of basic endowment insurance funds continues to grow, the scale of fund custody and market entry will gradually increase. (Zhongxin Jingwei APP)