This information is undoubtedly good news. In the past, many people had many doubts and concerns about the social security fund. For example, I am worried about its ability to maintain and increase value, and I am worried that it can't make ends meet. Now this good news can obviously partially eliminate this concern to some extent.
It should be said that the income growth of social security fund exceeded the expenditure growth for the first time, which was really hard-won. However, this latest data does show that as long as the measures are proper and the supervision is strong, the prospect of increasing the income of social security funds in the future need not be too pessimistic.
When you think about it carefully, it is not too "unexpected" for the social security fund to get this result. First of all, governments at all levels have been increasing the collection of social security in the past. Especially since the beginning of this year, Ministry of Human Resources and Social Security and other government departments have adhered to the principle of "full coverage, basic protection, multi-level and sustainability" and made efforts to expand the coverage of social insurance. It is worth mentioning that at the moment when the propaganda is constantly strengthened, the enthusiasm and initiative of the people to participate in social security are unprecedented.
Secondly, we can also notice that for private enterprises and private enterprises that have not been insured truthfully, the relevant government departments have also done key expansion work. After finding out the employment and insurance situation of enterprises, establish a ledger to ensure that all the insurance is guaranteed and all the income is collected. For key groups, of course, we can achieve a steady increase in insurance contributions. Moreover, the state will focus on employees and flexible employees of newly-built and expanded enterprises. In fact, this has injected a steady stream of vitality into the increase of social security fund income.
Furthermore, an important reason is that the income of social security funds has increased rapidly, which is due to the fact that in recent years, the relevant departments have broken the convention and invested social security funds in excellent private enterprises to share the relevant dividends.
Source: Beijing News