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Is there any pension left when the country is in trouble?
The country is in trouble, pensions and ... this country is not short of money. In 20 19, China's fiscal expenditure was about 20 trillion yuan. According to the report of Guo Jin Securities Research Institute, as of February 6th, the fiscal expenditure at all levels was about 66.74 billion yuan, accounting for a small proportion of the fiscal expenditure budget. When the epidemic came, from scientific research talents to ordinary people, caring people from all walks of life donated money and materials, calling on all localities to actively donate money and materials. Patriotic and dedicated medical workers from all over the world have also joined the battle. By February of 13, the financial expenditure at all levels was about 80.55 billion yuan, of which the central government expenditure was about172.9 billion yuan, which was mainly used for epidemic prevention and control expenditure in Hubei Province, subsidies for patients' medical expenses, temporary work subsidies for frontline medical staff, procurement of prevention and control equipment and materials, capital construction and equipment purchase of Raytheon Mountain and Vulcan Mountain hospitals, and the state finance also gave sufficient funds for vaccine research and development and central medical materials reserve. The social security fund that gives pensions to retirees is not short of money, because the epidemic has not used the money in the social security fund and will not use it. Because the state stipulates that the social insurance fund should be used for special purposes, according to Article 69 of the Social Insurance Law, no organization or individual may occupy or misappropriate the social insurance fund, or invest and operate in violation of laws and administrative regulations, balance other government budgets, build or rebuild office buildings, pay personnel operating expenses, management expenses or use them for other purposes. Whether pensions will continue to grow in 2020 will not be affected.