Enterprise retirees in Jinan enjoy higher old-age pensions
It is learnt from Jinan Municipal Social Insurance Bureau that the adjustment of old-age pensions for enterprise retirees in Jinan has been completely accomplished, which is required by 2014 Adjustment Document of Old-age Pensions for Enterprise Retirees. The adjustment of old-age pensions has been enforced since January 1st, 2014. Enterprise retirees will receive old-age pensions according to the adjusted standard since June. The balance resulted from the adjustment from January to May will be paid retroactively on June 10th.
It is the tenth adjustment of old-age pensions in Jinan, 348 thousand enterprise retirees are qualified for the adjustment in the whole city, who were retired or resignated before December 31st, 2013, and receive basic old-age pension every month.