Can pensions be paid in full on time?Look at the authoritative answer!

On August 25, the Propaganda Department of the Central Committee of the Communist Party of China held a series of theme press conferences of the "Ten Years of China" to introduce the progress and effectiveness of employment and social security work since the 18th National Congress of the Communist Party of China.

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Bleak

21st Century Business Herald Reporter:

Pension distribution has always been the focus of attention from all walks of life. What is the overall situation of the basic endowment insurance fund of Chinese enterprise employees? In addition, this year, the overall planning of endowment insurance has been launched, and the basic pensions of retirees have been adjusted again. Some super -expected factors such as epidemics have also occurred. Will this affect pensions on time?

Human Resources and Social Security Department

The person in charge of the Pension Insurance Division Xing Tao:

The life of pension is hundreds of millions of retirees. Since the 18th National Congress of the Communist Party of China, in accordance with the unified deployment of the Party Central Committee, the basic pensions of retirees have been adjusted continuously, and the level of pensions of retirees have continued to improve. This year, despite the increase in economic downlink pressure and the impact of the new crown pneumonia, the pension of retirees is still adjusted at a ratio of 4%. At present, the additional pension has been issued. After more than thirty years of continuous reform and improvement, especially since the 18th National Congress of the Communist Party of China, the pension insurance industry has developed rapidly, the system operation is more stable, the fund is more sustainable. Essence

The operation of the endowment insurance fund you care about can be distributed in full and full on time, and it can be seen from the following perspectives:

The first is to balance the current period. In 2021, the income of the basic endowment insurance fund of the enterprise employee was 4.4 trillion yuan, and the fund expenditure was 4.1 trillion yuan. The current income and expenditure was balanced and there was a slight balance. Since this year, the fund has remained smoothly operating.

The second is that there are adjustments across provinces. In January of this year, the basic pension insurance nationwide overall planning system was launched, and the support for provinces in difficulty in fund difficulties was greater. In the first half of the year, 124 billion yuan of capital allocation work has been completed, which has strongly supported pension issuance in difficult provinces.

The third is the cumulative ending. At present, the basic endowment insurance fund of enterprise employees has accumulated a total of 5.1 trillion yuan, which has strong guarantee capabilities.

Fourth, financial subsidies. The central government's subsidy for the basic endowment insurance fund of enterprise employees has continued to increase, reaching about 650 billion yuan this year, and focuses on inclined to the western region and old industrial bases. After the implementation of the nation's overall planning, a local financial investment mechanism was also established.

Fifth, there are long -term reserves. The National Social Security Fund has more than 2.6 trillion yuan in strategic reserves, and the central level has transferred 1.68 trillion yuan in state -owned capital to enrich the social security fund.

In the next step, a series of measures will be comprehensively adopted to promote the continuous reform and improvement of the endowment insurance system. The promotion system is more fair and sustainable.

Source: China Net

Editor in this issue: Zhang Zixuan

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