Tang Xiaoli also said that a document is being worked out with the Ministry of Finance to entrust the endowment insurance fund for urban and rural residents to the Social Security Fund Council for investment and operation. According to estimates, if the annualized rate of return on investment is increased from 3% to 5%, it is equivalent to an increase of 3.2 percentage points. "It is very difficult to reduce the local level by one percentage point now. Through investment and operation, it is equivalent to increasing the contribution rate (there is room for fee reduction). "
65438+10.3, Tang Xiaoli, deputy director of Ministry of Human Resources and Social Security Fund Supervision Bureau, revealed the entrusted investment of pension funds: at present, nine provinces have signed entrusted investment contracts with the Social Security Fund Council, amounting to 430 billion yuan; In addition, Tibet, Gansu, Zhejiang and Jiangsu also plan to entrust investment operations, which can increase the investment amount by about 654.38+050 billion yuan.
Tang Xiaoli disclosed this situation in China Pension Actuarial Report 20 18-2022. Tang Xiaoli said that the only way to realize the sustainable development of China's endowment insurance system is to increase revenue and reduce expenditure. An important measure of open source is to invest and operate the endowment insurance fund that has been collected. In the first year as the base year, the Social Security Fund Council adopted a prudent investment principle and did not invest heavily in the stock market very actively. Tang Xiaoli said that in this case, judging from the financial reports received so far, it is not a problem to achieve a rate of return of more than 5% by the end of 20 17.