After entering 2022, many provinces have upgraded their social security systems and cut them into a unified national social security platform. This is an important measure for China to realize the national overall planning of social security. However, after seeing the national pooling of pension insurance, many people may be worried about whether the pensions of retirees and the social security contributions of employees will change after the national pooling of pensions. As for whether the national social security payment and pension payment standards will be unified in the future, there is no fixed answer at present. At present, the national pension planning is in a transitional stage. However, judging from the actual operation of the national endowment insurance, even if the system is unified, there will still be differences between the payment of pension and the payment of endowment insurance in different provinces.

The national overall planning of endowment insurance is to adjust the surplus and deficiency, not to average. Many people may worry that after the national pension insurance is coordinated, the places with higher pensions will be cut off, leading to a downward adjustment of pensions; Where the pension is low, it may be expected that the pension will be greatly improved and reach the same level as some developed areas in the east. In fact, at present, China's national pension planning only involves the overall planning of pension funds, and has nothing to do with the issuance and standards of individual pensions. Due to the different levels of economic development and income of pension funds in different provinces in China, the pressures faced by pension funds in different provinces are also different.

For example, in developed provinces such as Guangdong, Shanghai, Beijing, Zhejiang and Jiangsu, their annual pension income is very high and their pension balance is relatively abundant. However, for the three northeastern provinces, Hubei and Inner Mongolia, the pressure of providing for the aged has been great in recent years, and even some provinces have a deficit in pensions in previous years. If the pensions of all provinces in the country fight for their own, it will not only lead to a decline in the efficiency of the use of pensions, but more importantly, some provinces with relatively low pension insurance income may not be able to afford pensions. In order to solve the problem of low efficiency of old-age care, China has decided to realize national overall planning of old-age insurance. This overall planning is mainly reflected in two aspects.

First, data planning.

Before 202 1, the old-age insurance systems in each province were independent of each other, and the data were independent of each other. However, after entering 2022, with the social security system of each province switching to the national overall planning system, the national social security data will be unified. In this way, you only need to log in to an account, and you can query your participation in different places. There is no need to log in to the provincial social security system separately. When going through the retirement formalities, it will be much more convenient for people who retire across regions.

Second, fund pooling.

The endowment insurance funds in China provinces have always been managed by the provinces themselves. However, after the overall implementation of the whole country, the endowment insurance funds in all provinces will be managed by the National Social Security Fund. On the one hand, local governments bear part of the expenses according to the actual situation, and at the same time, the central government allocates part of the financial supplementary pension insurance fund. In addition, some state-owned capital will be transferred to the endowment insurance fund, thus supplementing the balance of the endowment insurance fund. Through this overall planning, we can not only improve the management efficiency of pension funds, but also increase the payment ability of pension funds.

Finally, even if the pension insurance is co-ordinated nationwide, it will not affect everyone's pension insurance payment and pension collection. Pension planning is more about fund planning, but the specific payment standards and pension payment standards will be carried out according to the actual situation of each province. Generally speaking, China's pension will still follow the mechanism of paying more and getting more, that is to say, the amount of each person's pension is mainly related to the payment base and payment period of each person's pension.

In addition, considering the different actual income levels and consumption levels in different provinces, the current pension payment method will still be implemented according to the current formula. In other words, the pension consists of the balance of personal account plus the basic pension, which is closely related to the average salary of the local society, the payment period and everyone's payment index. Therefore, we don't have to worry about the changes in pension insurance contributions and pensions after the national overall planning of pension insurance.