The prediction that "no pension will be available in 2035" is actually a complex issue involving many factors such as the social security system, demographic changes, and economic development.
At present, no official or authoritative organization has clearly stated that there will be no pensions available in 2035.
The payment of pensions is closely related to the country's pension security policy, fund operation status, economic development and other factors, and requires comprehensive analysis of multiple factors.
1. Current status of China’s pension security system China has established a relatively complete pension security system, including basic pension insurance, enterprise annuities, personal savings pension insurance and other levels.
The basic pension insurance system covers most urban and rural residents and provides retirees with a certain level of living security.
At the same time, the state continues to improve the pension security system by adjusting pension policies and raising pension levels.
2. The impact of demographic changes on pensions As the aging of the population intensifies, the pressure on pension payments is gradually increasing.
However, this does not mean that there will be no pensions available in 2035.
The state will adjust pension security policies based on changes in population structure to ensure the sustainable payment of pensions.
At the same time, the government will also take measures to encourage people from all walks of life to participate in the elderly care industry and form a diversified elderly care security system.
3. The supporting role of economic development in pensions Economic development is an important support for the payment of pensions.
As China's economy continues to grow, national fiscal revenue continues to increase, providing a strong guarantee for the payment of pensions.
In addition, the state will also enhance pension payment capabilities by optimizing pension investment operations and increasing pension yields.
4. The Importance of Personal Pension Planning While paying attention to the national pension security system, individuals should also actively plan their own pension life.
Accumulating personal pension funds through savings, investments, etc. can reduce dependence on basic pensions and improve the quality of one's pension life.
To sum up: the statement that "there will be no pensions in 2035" lacks scientific basis and cannot be blindly believed.
China has established a relatively complete pension security system, which will be adjusted and improved based on changes in population structure, economic development and other factors.
At the same time, individuals should also actively plan their own retirement life to prepare for future retirement.
Legal basis: Article 16 of the "Social Insurance Law of the People's Republic of China" stipulates: Individuals participating in basic pension insurance who have made cumulative contributions for fifteen years when reaching the statutory retirement age will receive a basic pension on a monthly basis.
If an individual participating in the basic pension insurance dies due to illness or non-work-related disability, his or her surviving family members may receive funeral benefits and pensions; if an individual who has completely lost the ability to work due to illness or non-work-related disability before reaching the statutory retirement age may receive
Sickness allowance.
The required funds are paid from the basic pension insurance fund.
Article 22 of the "Social Insurance Law of the People's Republic of China" stipulates: The state establishes and improves the social pension insurance system for urban residents.
The people's governments of provinces, autonomous regions, and municipalities directly under the Central Government may, based on actual conditions, combine the social pension insurance for urban residents and the new rural social pension insurance for implementation.