The so-called national co-ordination of basic pension insurance refers to the realization of the co-ordination of basic pension insurance nationwide under the guidance of the Scientific Outlook on Development, with unified system regulations, unified allocation and use of funds, unified management and unified information system nationwide as the main lines.

Coordinated development.

According to public reports, the national co-ordination of basic pension insurance for enterprise employees will be launched in January 2022. The national co-ordination of basic pension insurance for enterprise employees is mainly divided into three stages: In the first stage, since the establishment of my country’s pension insurance system in the 1990s,

Starting from county-level coordination, we will gradually increase the level of coordination.

In the second stage, as of the end of 2020, all provinces have achieved unified collection and expenditure of funds at the provincial level, solving the problem of uneven fund burdens among regions within the province.

In the third stage, the national coordination of the basic pension insurance for enterprise employees will be launched in January 2022, and the timely and full payment of pensions is guaranteed.

According to incomplete statistics, as of the end of 2021, the number of people insured by basic pension insurance nationwide reached 1.03 billion, of which 420 million were insured by basic pension insurance for enterprise employees.

Among them, the fund income of enterprise employee basic pension insurance consists of basic pension insurance premiums paid by units and individual employees, basic pension insurance fund interest income, entrusted investment income, financial subsidies and other income.

As of 2021, the income of the basic pension insurance fund for enterprise employees is approximately 4.4 trillion yuan, and the fund expenditure is approximately 4.1 trillion yuan. The fund operation is generally stable.

According to public reports, the main reasons and purposes for implementing national pooling of pension insurance include three aspects: First, due to uneven development among regions, differences in economic development levels, population age structures, etc., there are structural contradictions in pension insurance funds among provinces

The problem is becoming increasingly prominent. Some provinces have relatively large fund balances, but some provinces with relatively aging populations have greater pressure on pension insurance fund expenditures.

Second, a central adjustment system has been established.

As the first step to achieve national co-ordination, my country launched the central fund adjustment system in 2018.

From 2018 to 2021, during the four years since the central adjustment system was implemented, the government has transferred more than 600 billion yuan of inter-provincial transfer funds, of which the scale of inter-provincial transfers in 2021 has reached more than 210 billion yuan, which has effectively supported difficult provinces to ensure that pensions are on time and in full

issued.

Third, a national unified social insurance company service platform has been established.

The social insurance company service platform has been officially launched in 2019, providing insured persons with services such as social security enquiries, insurance registration, transfer and renewal, and unemployment benefits applications, making it more convenient and faster to handle social security business.

Recently, some retirees have reported that pensions may usher in four "unifications" in 2023, and retirement may be delayed or continued to be "postponed". Is this true? According to feedback from retirees, pensions may usher in four unifications.

The news mainly includes four aspects: First, the methods and rules for determining pension benefits will be unified.

Second, the national pension fund will realize unified planning of unified revenue and expenditure.

Third, social security cards will be uniformly used for pension payment across the country.

Fourth, the pension payment time for all retirees across the country is unified.

First of all, the methods and rules for determining pension benefits will be unified. According to public reports, the pension consolidation of government agencies and public institutions will be implemented starting from 2014, and a ten-year transition period for pension consolidation will be set up, aiming to achieve the goal of realizing a unified pension system for employees of government agencies and public institutions.

Implement the same basic pension insurance system as that of enterprise employees.

Although there are still differences in the assessment methods and rules of pension benefits in some regions, there is a gradual transition to a unified pension assessment method across the country, including Guangdong and Jiangsu.

As of the end of 2020, all provinces in my country have achieved provincial-level unified collection and expenditure of basic pension insurance funds for enterprise employees, solving the problem of uneven fund burdens among regions within the province and basically solving the different assessment methods and rules for pension benefits in different cities in the same province. situation.

Among them, the "Notice on Adjusting the Basic Pension for Retirees in 2022" issued by the Ministry of Human Resources and Social Security and the Ministry of Finance clearly states that without the approval of the Ministry of Human Resources and Social Security and the Ministry of Finance, the basic pension level of retirees shall not be increased on their own and shall not be passed through

Establishing minimum pension standards and other means to increase the level of benefits in disguised form.

Therefore, the methods and rules for determining pension benefits in various regions across the country will gradually be unified, but the specific implementation time has not yet been determined, and the specific implementation time will be subject to the release of local policies.

Secondly, regarding the unified planning of unified revenue and expenditure for the national pension fund, due to the uneven development among regions in my country, differences in economic development levels, population age structure, etc., the structural contradictions of pension insurance funds among provinces have become increasingly prominent.

Some provinces have relatively large fund balances, but some provinces with relatively aging populations have greater expenditure pressure on pension insurance funds.

As of the end of 2020, all provinces in my country have achieved provincial-level unified collection and expenditure of basic pension insurance funds for enterprise employees, solving the problem of uneven fund burdens among regions within the province.