1. The social security gap is the gap left from the beginning when social security was converted to the current pay-as-you-go system.

The social security systems of five South American countries such as Argentina are basically the same as those of China.

The reason why there are no vacancies is that state money was used to fill them at the beginning of the reform.

And in China.

The country's money will not be used by the people.

2. Pay-as-you-go system, that is, those who are currently employed pay insurance and those who are currently retired are paid wages.

However, in an aging society, there are still so many people in the workforce, or even decreasing.

There are many retired elderly people.

3. China implements a dual-track social pension system, which means that all pension insurance for civil servants is free, but the pension insurance they receive is several times or even more than ten times that of ordinary workers or ordinary people.

This money comes from the social security pool that everyone pays.

There is no such thing abroad.

4. It’s sad when it comes to earnings.

In the management of social pension funds, it is a high-voltage line, and whoever touches it will die.

Because the people are not satisfied with social security, the country must give the people an explanation for whoever touches the social security funds.

In this way, everyone is sleeping with the money they paid, and they don't dare to invest at all, and there will be no profit at all.

The average return across provinces is just over 2%, which is lower than time deposits.

However, the social currency is getting higher and higher. The state announced that it is about 7%, but in fact it is more than 7%.

As a result, there is basically no income and coupled with inflation, the pension insurance funds will be reduced.

At the same time, the country must continue to increase retirement income, which will only lead to an increasing shortage.