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Why is the fund expenditure of social endowment insurance the largest?
The biggest reason for social endowment insurance fund expenditure is:

1| natural growth of retirees,

2. It is the' fourteen consecutive increases' of pensions since 2005, which has pushed up the scale of pension expenditure to a certain extent.

3. It is the continuous improvement of the system support rate.

4. The overall level of the fund is low, and it is impossible to adjust the benefits at the national level.