The Ministry of Human Resources and Social Answer 21 Reporter: The employee endowment insurance fund has accumulated a total of 5.1 trillion yuan, and the pension is guaranteed in full on time

Author:21st Century Economic report Time:2022.08.25

The 21st Century Economic Herald reporter Li Sha Beijing reported that on August 25, the Propaganda Department of the Central Committee of the Communist Party of China held the employment and social security work progress and effectiveness of the employment and effectiveness of social security work since the Communist Party of China. Li Zhong, deputy minister of the Ministry of Human Resources and Social Security, introduced that in the past ten years, the construction of my country's social security system has entered the fast track, and has built a social security system with distinctive Chinese characteristics, the world's largest scale and complete functional social security system.

Li Zhong said that the number of basic social insurance for basic care, unemployment, and work injury has increased from 790 million, 150 million, and 190 million in 2012 to 1.04 billion people, 230 million, and 2.9 in June 2022. For 100 million people, pension insurance has increased by 250 million in ten years. The three social insurance funds have accumulated a total of 6.9 trillion yuan, the annual income and expenditure scale of the fund exceeded 13 trillion yuan, and the market -oriented investment and operation fund exceeded 8 trillion yuan.

In the social security system, the life of pension relations for hundreds of millions of retirees has always been the focus of attention from all walks of life. What is the overall situation of the basic endowment insurance fund in my country? 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 epidemic conditions have also occurred. Will this affect the pension on time?

At the meeting, the person in charge of the Pension Insurance Department of the Ministry of Human Resources and Social Affairs, Shi Tao said in response to the question of reporters in response to the southern Finance and Economics Economic Herald reporters that since the 18th National Congress of the Communist Party of China, my country has continuously adjusted the basic pensions of retirees, and the level of pensions of retirees has continued to improve.

Although this year, affected by the increase in economic downlink pressure and the epidemic of new crown pneumonia, the pension of retirees is still adjusted at 4%. After more than 30 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, and the fund has been more sustainable. It has accumulated a solid material foundation for ensuring pensions on time.

Specifically, Tao Tao pointed out whether the operation of the endowment insurance fund can be distributed in full on time, and it can be seen from five 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.

Tao Tao said that in the next step, the Ministry of Human Resources and Social Affairs will also take a series of measures to promote the continuous reform and improvement of the pension insurance system, promote the system fair and sustainable, and ensure that pensions are issued in full on time.

(Reporter You Fangming also contributed to this article)

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