Enterprise retires personnel pension to rise year after year, why always someone return too little?Finally got the answer

2022-05-09 0 By

Enterprise retires personnel pension to rise year after year, why always someone return too little?We finally know the answer our pension has been increasing at a very high rate every year.Over the past few decades, our economy has been growing rapidly, so have incomes for all, and so have our annual pensions.The chart below shows the annual growth of Pensions in China from 2005 to 2017, reaching 10% in most years.While pension increases have declined, they have generally remained above 5% per year (6.5% in 2016, 5.5% in 2017, and 5% in 2018 and 2019).The annual growth rate of China’s pension is relatively high, with the average annual growth rate exceeding GDP growth.Overall, however, the wages of corporate retirees are still relatively low.In the past decade, China’s pension every year there are a lot of growth, some years of growth rate as high as 23%, therefore all pensions were increased, for example, some ten years ago the pension could be as low as a few hundred dollars, but now many people’s pension can be more than $2000 in cash, in some areas, the pension can be as high as 4000 yuan of above.Currently, the average pension in Xizang, Beijing, Shanghai and Shenzhen is around 4,000 yuan.Compared with decades ago, the current pension level has greatly improved, but the pension level cannot be compared not only vertically, but also horizontally, for example, with average social wages, with the price level, with other pensioners.In particular, the current pension of company employees is relatively low compared with the average social wage.Although pensions in China have increased dramatically over the past decade, in absolute terms, they are still relatively low.Although in some provinces and cities, the pension can reach more than 4,000 yuan, but in most provinces, the pension of company employees is generally less than 3,000 yuan.At the same time, the average salary of the whole Chinese society is no less than 5,000 yuan, of which, the average annual salary of urban non-private sector employees is 82,461 yuan, an increase of 11 percent.The average salary of employees in urban private units was 49,575 yuan, an increase of 8.3 percent over the previous year.At present, the average salary of people working in non-private units in Zhuhai is about 2-3 times that of enterprise retirees in the same period, and the growth rate is higher than that of retirees.Therefore, pension pay is relatively low compared with the average social wage, and there are many retired company workers who do not like low pension pay, which is understandable.Second, pensions for retired workers at many companies are also relatively low compared with prices.About ten years ago, for example, some retired wages only a few hundred dollars a month, but the price is lower, when he can buy more than the current 23000 dollars, so, from purchasing power for, at the time of a few hundred dollars and now almost 23000 dollars, that is, retired wages have not increased much.So in terms of price, it makes sense that some company employees have lower pensions, because pensions are not used to count money, they are used to buy things.Finally, compared with civil servants and institutions, company employees’ pensions are even lower.Although now merged, civil servants and public institutions used to pay a much higher social security base than company employees.It is because of the difference in the previous contribution base that the pension of civil servants in public institutions is obviously higher than that of employees in enterprises.For example, in some places, civil servants may receive 5,000 to 6,000 yuan per month, while ordinary company employees may only receive 2,000 to 3,000 yuan per month, which means that civil servants’ pension is about twice that of ordinary company workers.It is therefore not unusual for company employees to think their pensions are lower than those of civil servants and agency pensioners.If you want to receive a higher pension salary in the future, you should increase your contribution base now so that you can receive a higher pension when your contribution is higher.