This year's budget report proposes that the pension will increase by about 6.5%, achieving a 12-year growth, but this is the first time since 2005 that the pension increase is lower than 10%. The principle of comparison mentioned in the government work report of the National People's Congress should be more specific in the budget report.

The twelfth continuous adjustment, called the twelfth continuous adjustment, is also the fourth continuous adjustment of the current government, which reflects the government's emphasis on this work and the principle of not doing anything for the masses although the growth of fiscal revenue slows down.

This adjustment of the treatment of retirees is the first time to achieve overall arrangements. The government work report is about retirees, not enterprise retirees as mentioned in previous reports. The budget report is more clear, including retirees from enterprises and institutions. This was not the case in the past. The "Twelve-year Joint Adjustment" includes government agencies and institutions, which is a new progress after the reform of the pension system for government agencies and institutions was implemented last year. It used to be a dual-track system, but now it has been merged, and the basic system has been merged. The treatment adjustment policy also follows the same law and makes overall arrangements.