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Chenzhou Increases the Pension Funds

2012-05-04

 

The eighth continuous increase of pension funds from 2005 

 

It was learned from Chenzhou Human Resources and Social Security Bureau, a new turn of pension funds adjustment fully launched recently will benefit 78964 retirees.

 

According to some relative files, Hunan province retirees' pension funds can increase per capita 190 yuan every month and people older than 70 years can add another 50-60 yuan. This policy was in effect from January 1, 2012.

 

People who are concerned for the policy are the ones retired before December 31, 2011 and joined social plan of basic old-age insurance system for enterprise employees. Besides the adjustment for the pension funds, the additional part from January to March will be reissued at the soonest time.

 

It was learned that it has been the eighth continuous increase of pension funds since the year of 2005, which greatly upgrade the retirees' income. Till now, there are 2,061 enterprises participated in the basic old-age insurance scheme with the number of 31, 1592. Among them, 80,012 are retired employees, and 78,964 are eligible retreat staff.