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Can pensions be paid in full and on time?
On 23rd, the person in charge of Ministry of Human Resources and Social Security responded to the operation of China's endowment insurance fund, saying that the operation of China's endowment insurance fund is generally stable, and some areas will still keep the income greater than the expenditure in the current period, which can ensure the timely and full payment of endowment insurance benefits.

The person in charge said that from June 5438 to May this year, the total income of the employee pension insurance fund was1576.9 billion yuan, a year-on-year increase of 23.9%; The total expenditure of the fund was 65.438+35.05 billion yuan, a year-on-year increase of 23.2%. The current balance was 226.4 billion yuan, with a cumulative balance of 4.08 trillion yuan.

Judging from the situation of enterprise pension insurance, with the economic stabilization and improvement, the collection income of enterprise pension insurance fund increased by 10.4% from June to May, returning to "double-digit" growth, and the fund expenditure maintained moderate growth. According to this trend, the income of the pension fund will still exceed the expenditure throughout the year, and the accumulated balance of the fund will continue to increase, which can ensure that the pension insurance benefits will be paid in full and on time. "Overall, the fund balance is considerable and has strong supporting ability."

However, the above-mentioned person in charge said that due to the unbalanced economic development between regions, there are structural contradictions in the uneven distribution of funds. At present, there are many balances in the east and few in the central and western regions, especially in the old industrial areas such as the northeast, where there are few payers and many retirees, and the support burden is heavy, so the fund cannot make ends meet in the current period.

"In this regard, based on the current situation and with a long-term perspective, we will take effective measures to ensure the healthy and stable operation of the fund and promote the sustainable development of the endowment insurance system." The person in charge said.

First, implement the national insurance plan to expand coverage. While safeguarding the rights and interests of the people's old-age insurance, we will increase the collection and increase the income of the fund. The second is to increase financial input to ensure the operation of the fund. Since 1998, the central government has invested a total of 2.57 trillion yuan in enterprise pension insurance funds, and local governments are also increasing their investment. The third is to improve the level of overall planning and balance regional differences. In view of the low fund balance and high expenditure pressure in some provinces, the state will adjust the surplus and deficiency of funds in a wider scope by improving the overall planning level to balance the uneven burden caused by the difference in dependency ratio between regions. The fourth is to broaden financing channels and expand the scale of funds. Through the investment and operation of the pension fund, we will promote the marketization, diversification and specialization of the fund and realize the preservation and appreciation of the fund. At the same time, promote the transfer of some state-owned capital to enrich the social security fund, effectively enhance the fund's ability to resist risks, and ensure the good operation of endowment insurance. The fifth is to develop a multi-level old-age insurance system. Gradually form a multi-level security system based on basic old-age insurance, supplemented by enterprise annuities and occupational annuities, and connected with personal savings old-age insurance and commercial old-age insurance to meet the old-age security needs of different groups and improve the level of life security after retirement.

The person in charge also stressed that by comprehensively adopting the above measures, the medium-and long-term balance of the fund can be achieved, the challenges of the new economic normal and the aging population can be effectively met, and the sustainable development of the old-age insurance system and the basic life of the majority of retirees can be ensured.