To answer your question, first of all, let’s understand the nature of pension insurance. Pension insurance, the full name of social basic pension insurance, is to protect the basic living needs of the elderly and provide them with a stable and reliable source of living.

Please note that pension insurance protects basic life. If you want to enjoy a better quality pension life, it is not enough to rely solely on the national pension insurance.

You can buy some commercial pension insurance as a supplement or other pension reserve plan.

The purpose of pension insurance is actually to protect the basic life of the elderly.

However, the economic level, pension policies and development of each region are different. Everyone's occupation is different, and the pension they receive is also different.

In addition, if you want to have a very good retirement life, according to international standards, the pension replacement rate must reach more than 70%, while China's pension replacement rate is only about 45%, which is far from meeting people's retirement needs.

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China's pension funds face many problems. The scope of financing of pension funds is narrow, the administrative management system does not match the pension system, the existence of a dual-track system has caused unfair phenomena, and the illegal misappropriation of pension insurance funds is serious. The reason for China's pension deficit is

The problem is becoming increasingly prominent. In short, relying solely on the state's basic pension is far from meeting personal pension needs. Make more money while you are young and make your own retirement plan at the same time.