China has a population of 1.41 billion, of which 18.7% are elderly people aged 6 or above, making a total of 26 million. Moreover, the growth rate of the elderly population in China is extremely fast. Compared with 21, the proportion of the elderly aged 6 and over in the total population has increased by 5.44 percentage points in ten years. In the future, many elderly people in China will begin to retire. At the end of June 221, a document issued by the Ministry of Human Resources and Social Security pointed out that from 221 to 225, China will add more than 4 million retirees. Such a large number of retired people will further accelerate the aging process in China. Japan's Sankei Shimbun said that China is entering a moderately aging society. It is the responsibility of the whole society to let the retired people have a stable life in their later years, and the main way to protect the old people's life in their later years is pension. Moreover, now the pension has been rising, which brings more protection to the life of retirees, which also drives more people to buy old-age insurance.

There are many people participating in the old-age insurance, and the pension has risen for 17 consecutive years. After realizing that the old-age insurance is of great benefit to themselves, people are very active in buying the old-age insurance. The regular press conference held by the Ministry of Human Resources and Social Security in the second quarter of 221 revealed that by the end of June 221, the number of people participating in basic old-age insurance in China had reached 1.14 billion. With the continuous rise of the national economy and the increasing number of participants, the country has more surplus money to improve the welfare of existing retirees, especially pensions, which often rise. On April 16, 221, the Ministry of Human Resources and Social Security and the Ministry of Finance issued the Notice on Adjusting the Basic Pension for Retirees in 221, which clearly stated that the pension will be raised by 4.5% in 221, while the elderly retirees and retirees in hard and remote areas can also appropriately raise the adjustment level.

From 25 to 221, the pension has risen for 17 consecutive years, and the retired old people can get more and more money. However, there is a problem now. With the increasing elderly population, there will be a pension gap. In 22, insurance association of china said that in the next 5-1 years, China is expected to have a pension gap of 8-1 trillion yuan. In this case, whether the pension will continue to rise after three years has become a question in many people's minds. In fact, the Ministry of Human Resources and Social Security has already released the signal on this issue.