Will pensions be paid in advance in May?

Retirees' pensions were originally paid monthly, but in some special circumstances, pensions will be paid in advance. Many places have issued notices to adjust the time of pension payment in May, and the pension payment in May will be advanced to April.

Retirees' pensions were originally paid monthly, but in some special circumstances, pensions will be paid in advance. Guangdong has issued a notice to adjust the pension payment time in May, and the pension payment in May will be advanced to April.

Guangdong provincial department of human resources and social security announced on April 24th that the regular treatment of basic old-age insurance, regular treatment of work-related injury insurance and one-time treatment of unemployment insurance for enterprise employees, which were originally scheduled to be distributed in May 2023, will be distributed before April 25th. In other words, the enterprise employee pension in May will be paid before April 25th. The reason is that the social insurance information system of Guangdong Province was shut down on May1-May 7, because Shenzhen switched to the national integrated information system of basic old-age insurance for enterprise employees, so pensions were paid in advance.

Length of service refers to the total number of years that workers have been engaged in legitimate social occupations with wage income since they established labor relations with employers, which is related to the wages and benefits of workers. For temporary workers recruited in accordance with the relevant provisions, who are converted into enterprise labor contract workers, their last working hours in the enterprise as temporary workers and their working hours after being recruited as labor contract workers can be combined and calculated as continuous service. The continuous length of service of temporary workers before the implementation of social pooling of endowment insurance in the local area can be regarded as the payment period.

Temporary workers in the local implementation of social pooling of old-age insurance after the continuous length of service, should be required to pay old-age insurance premiums, and calculate the payment period. Failing to pay the old-age insurance premium can not be calculated as the payment period or payment period.

Retirees receive two pensions in advance before May Day, which is equivalent to receiving the pension in May in advance. If you go out to play this holiday, you will have more disposable funds, but you should also pay attention to paying the pension in May in advance, and there will be no money in May, so you should plan the pension expenditure reasonably.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.