Basic pension insurance is a social insurance system compulsorily established and implemented by the state in accordance with laws and regulations. Under this system, employers and workers must pay pension insurance premiums in accordance with the law. After workers reach the retirement age stipulated by the state or quit their jobs for other reasons, the social insurance agency will pay them pensions and other benefits in accordance with the law. , thereby ensuring their basic life. Basic pension insurance, together with unemployment insurance, basic medical insurance, work-related injury insurance, maternity insurance, etc., constitute the modern social insurance system and are one of the most important types of insurance in the social insurance system. The basic pension insurance system that combines social pooling and personal accounts is a new type of basic pension insurance system pioneered by my country in the world. This system adopts the traditional method of raising basic pension insurance premiums in raising basic pension insurance funds.

That is, it is jointly borne by the state, units and individuals; the basic pension insurance fund implements social mutual aid; a structured calculation and payment method is adopted in the calculation and payment of basic pensions, emphasizing the importance of personal account pensions Motivational factors and labor contribution differences. Therefore, this system not only absorbs the advantages of the traditional pension insurance system, but also draws on the advantages of the personal account model; it not only embodies the characteristics of social mutual aid, risk dispersion, and strong security of social insurance in the traditional sense, but also emphasizes Improve employees' self-security awareness and incentive mechanism. Gradually consolidate personal accounts. Consolidating personal accounts and accumulating basic pension insurance funds are important measures to deal with the aging of the population, and are also an important guarantee for the sustainable development of the basic pension insurance system for enterprise employees. It is necessary to continue to implement the pilot work of personal accounts in the three northeastern provinces, and to study and formulate specific plans to expand and implement personal account pilots in other regions, and submit them to the State Council for approval before implementation. The state formulates personal account fund management and investment operation methods to maintain and increase value. Strengthen the collection and supervision of basic pension insurance funds. It is necessary to fully implement the provisions of the "Interim Regulations on the Collection and Payment of Social Insurance Premiums", strictly implement the social insurance registration and payment declaration system, strengthen social insurance audits and labor security supervision and law enforcement, and strive to increase the collection rate.