The rapid growth of my country's pension insurance fund income has laid a solid guarantee for the stable payment of pensions to retired people.

As of the end of 2021, my country's urban employee basic pension insurance fund revenue was 6,004.04 billion yuan, an increase of 1,606.86 billion yuan from the previous year, a year-on-year increase of 36.54%.

Source of data on the income and growth rate of the National Urban Employee Basic Pension Insurance Fund from 2016 to 2021: compiled by the Ministry of Human Resources and Social Security and Zhiyan Consulting. As more private assets, including personal savings and insurance, are invested in pension reserves, Our country will also have greater confidence and greater ability to cope with the challenges of the aging peak, and the scale of my country’s pension insurance fund expenditures is still increasing.

As of 2021, my country's urban employee basic pension insurance fund expenditures were 5.65003 billion yuan, an increase of 531.13 billion yuan from the previous year, a year-on-year increase of 10.38%.

Data source for the expenditure and growth rate of the basic pension insurance fund for urban employees nationwide from 2016 to 2021: compiled by the Ministry of Human Resources and Social Security and Zhiyan Consulting. China is the country with the largest elderly population, and the aging of the population is gradually accelerating.

Establishing a unified basic pension insurance system for urban and rural residents so that all people can enjoy basic pension security fairly is an inevitable requirement for China's economic and social development and a need to promote the construction of the "New Four Modernizations".

As of the end of 2021, the number of people covered by my country's basic pension insurance for urban and rural residents was 547.97 million, an increase of 5.54 million from the previous year and a year-on-year increase of 1.02%.