China has built the largest social security system in the world, with basic old-age insurance covering more than 654.38 billion people. The construction of social security system in China has entered the fast lane. Through unremitting efforts, a social security system with distinctive characteristics, the largest scale in the world and complete functions has been built in China.

Efforts have been made to draw the bottom line, weave dense nets and build mechanisms to promote the full coverage, foundation, multi-level and sustainable development of social security, and important breakthroughs have been made in system reform, and the coverage has been continuously expanded. The number of people participating in the three social insurances of basic old-age pension, unemployment and work-related injury respectively increased from 790 million, 65.438+0.5 billion and 65.438+0.9 billion in 2065.438+02.

Support capacity has been continuously enhanced. The accumulated balance of the three social insurance funds is 6.9 trillion yuan, the annual income and expenditure scale of social insurance funds exceeds 13 trillion yuan, and the market-oriented investment and operation funds exceed 8 trillion yuan. Adhere to the level of social security and economic development, and steadily improve the level of social insurance benefits. Focusing on recording life, ensuring life and serving life, a five-level social security management service network was basically formed, the national social insurance public service platform was put into operation, and the standardization, standardization and informatization level of management services were significantly improved.