Will pensions be less after the merger in 2024?

After the merger in 2024, pensions will generally not be less.

Because the accumulated payment period of retirees in government agencies and institutions is long. There are many retired people who have worked for 40 years now, generally more than 30 years, and many enterprise employees just want to reach the minimum payment period. The payment index of personnel in government agencies and institutions is high.

When paying social security, the average salary of the previous year is the payment base, and the payment index is 1, while the social security payment index of most enterprise employees is 0.6. Supplementary pension. Staff of government agencies and institutions pay occupational annuities as supplementary old-age insurance, which is paid at 4% of the average salary of the previous year every month.

However, most enterprise personnel do not have enterprise annuity as a supplement. Even if the salaries of retirees in government agencies and institutions are the same as those of retirees in enterprises, there will still be a certain gap in their pensions after retirement.

Therefore, after 2024, on the basis of unified pension calculation and payment methods, government agencies, institutions and enterprise personnel will pay more and earn more for a long time. If they want to have a high pension when they retire, they must increase the payment period, raise the payment base, and do a good job in old-age savings when they are young.

Significance of pension consolidation

First, it can promote the reform of income distribution. The main content of income distribution reform is "lowering, controlling and expanding". It is conceivable that "controlling height" from the beginning, because it is "subtraction", interest groups are bound to be constrained, which is not easy.

And "health" means "addition", which is a matter of responding to all calls, as long as there are policies. The integration of pensions will be the same as that of enterprises in the past. Therefore, the merger characterized by "lowering" is a great impetus to the reform of income distribution.

Second, it can promote industrial development. Because of the high pension, abnormal civil servants are hot, and even make jokes that they would rather sweep the floor than engage in technology. There are also a large number of rich second generations who do not follow the footsteps of their parents and drive luxury cars to be civil servants.

With the merger, more outstanding talents can see that they can make great achievements now and have more dignity in the future by running enterprises and engaging in technology. In this way, China's industrial development is not empty talk.