Partial transfer of state-owned capital to enrich the social security fund means that the social security fund can obtain dividend income from enterprises by holding the equity of state-owned capital. The specific implementation plan is to transfer part of the central and local state-owned and state-controlled large and medium-sized enterprises and financial institutions 10% equity to the social security fund for management. Then we can understand that this measure is to supplement the "big reservoir" of social security fund.

The current population structure of China has entered the primary stage of population aging. At the same time, China has achieved full coverage of old-age insurance. According to the opinion published by Workers' Daily, China will enter a deeply aging society around 2025, and the ratio of contributors to recipients of old-age insurance is about 2.5: 1, and it shows a downward trend. Therefore, before entering a deeply aging society, China urgently needs to adjust its pension structure. Changing the structure of the "reservoir" of old-age insurance is to change the pension structure of the less and less "source"-the old-age insurance payer into a diversified structure that includes continuous dividends from enterprises.

At present, the expenditure growth rate of basic old-age insurance is faster than the income growth rate, and the proportion of subsidies from the Ministry of Finance and the income of old-age insurance itself is increasing, and this trend is difficult to change, so the sustainability of the system deserves attention. There is internal motivation to change the structure.

Pension payments are calculated separately. Generally speaking, the annual growth of pension is related to economic development, inflation rate and fund operation. The better the economy, the more it grows. Specific to the individual, it is mainly paid according to the salary level and the payment period, and there is a clear payment ratio. Therefore, the pension will increase every year, which is already there, and has little to do with the enrichment of social security funds by state-owned capital.

However, as I said just now, the original "reservoir" has been added with "running water". If this part of state-owned capital has rich income, compared with the original social security fund, the current operation situation is naturally much better. Therefore, these factors will be added to the consideration of pension increase in the coming year. However, considering that some areas are under great expenditure pressure, compared with rich areas, they are still stretched. Therefore, the specific increase depends on the actual plans of various places.