Social Security Fund Market -oriented Investment and Operation Fund over 8 trillion yuan

The Ministry of Human Resources and Social Security said that it will pay more attention to the safety and value preservation and value -added of social security funds

Reporter Meng Ke

Li Zhong, deputy minister of Human Resources and Social Security Li Zhong, said at the "China Ten Years" press conference held at the Propaganda Department of the Central Committee of the Communist Party of China on August 25 that the number of social insurance insureds: basic pension, unemployment, and work injury. 790 million people, 150 million people, and 190 million people increased to 1.04 billion, 230 million, and 290 million in June 2022. In the past ten years, only 250 million pension insurance was increased. The security capacity continues to increase, the three social insurance funds have accumulated a total of 6.9 trillion yuan, the annual income and expenditure scale of social insurance funds exceeded 13 trillion yuan, and the market -oriented investment and operation fund exceeded 8 trillion yuan.

The chief economist of CITIC Securities clearly said in an interview with the Securities Daily that during the decade, the development of the three social insurance funds has made great progress, the scale has expanded rapidly, and has made a strong contribution to my country's social security system. From the current data, the market -oriented scale of social insurance funds should be further improved.

It is obviously stated that my country's fiscal subsidies are currently the guarantee of the sustainable development of social insurance. However, with the deepening of my country's aging, it is necessary to further enhance the scale of market -oriented operations to increase investment income and ensure the sustainable development of social insurance funds. Promoting three social insurance funds to accelerate the entry into the capital market. On the one hand, it can improve the stability of the capital market and promote the "slow bull" market. On the other hand, it can continue to increase investment income and make more contributions to the social security system.

Li Zhong said that since the 18th National Congress of the Communist Party of China, it has been the period when my country's social security system has the greatest reform and the fastest development speed. During this period, the Ministry of Human Resources and Social Security carried out the top -level design of endowment insurance and introduced the overall plan of the reform of the endowment insurance system. At present, the Ministry of Human Resources and Social Affairs is rushing to implement the nationwide overall planning of endowment insurance.

In terms of the operation of the endowment insurance fund, the data shows that the current basic endowment insurance funds of enterprise employees have a total of 5.1 trillion yuan, which has strong guarantee capabilities. 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. 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.

Dong Dengxin, director of the Institute of Finance and Securities of Wuhan University of Science and Technology, told a reporter from the Securities Daily that the current growth of the scale of social insurance funds in my country has encountered two major bottlenecks. One is that the expansion is more difficult. Taking basic pension insurance as an example, the current basic pension insurance coverage is covered by the coverage. It has reached 92%, and it is roughly guaranteed. However, the "14th Five -Year Plan for the Development of Human Resources and Social Security" proposes that the basic pension insurance participation rate will reach 95 %, and the increase of these three percentage points will become more and more difficult; The total level of social insurance rates decreased from 41%to 33.95%, making the growth rate of social security funds be restricted.

"To solve the two major bottlenecks of social insurance funds, we need to implement the nationwide overall planning of the basic pension insurance of employees as soon as possible. At the same time, other reforms must be promoted simultaneously, including vigorously developing the second -pillar enterprise annuity and occupational annuity, and the third pillar personal pension. The balanced and coordinated development of the three -pillar pension system is an important reform measure for social security diversion and decompression. "Dong Dengxin believed.

From the perspective of obviously, there are currently imbalanced regional development in my country's endowment insurance balance, and endowment insurance funds in economically developed areas are sufficient, but the gaps in underdeveloped areas are large. The implementation of the country's overall planning is conducive to ensuring that pensions in difficult areas are issued and issued in full on time. Structural contradictions. In addition, it is necessary to pay attention to the development of the third pillar of the elderly, and inspire more people to participate in the construction of the third pillar through tax discounts to make up for the gap in the first pillar.

Li Zhong pointed out that in the next step, the Ministry of Human Resources and Social Security will actively promote the rule of law of social security, pay more attention to social security fund security, preservation and appreciation, and strive to improve the degree of refinement and quality service level of social security management. system.

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