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Have the 180 billion basic pension insurance funds of the nine provinces arrived and started investing?

On November 1, 14 provinces raised the basic pension standards for urban and rural residents.

At the same time, investment in basic pension insurance funds has been carried out steadily. Nine provincial (autonomous and municipal) governments including Beijing and Anhui have signed entrusted investment contracts with the Social Security Fund Council. The total contract amount is 430 billion yuan, of which 180 billion yuan has been received and started.

invest.

——Coverage continues to expand. As of the end of September, the number of people covered by basic pension, basic medical care, unemployment, work-related injury, and maternity insurance nationwide were 905 million, 1.129 billion, 186 million, 224 million, and 190 million respectively.

From January to September, the total income of the five funds was 4.7 trillion yuan, a year-on-year increase of 37.7%, and the total expenditure was 4.02 trillion yuan, a year-on-year increase of 34%.

——The system has been further improved and policy documents such as guiding opinions on deepening the reform of basic medical insurance payment methods, measures for the transfer and continuation of basic pension insurance for government agencies and institutions, and measures for recording interest rates in personal accounts of employee pension insurance have been issued.

The provincial-level coordination system for basic pension insurance for enterprise employees has been further improved.

The new version of the National Basic Medical Insurance, Work Injury Insurance and Maternity Insurance Drug Catalog was released and implemented.

The pilot program for long-term care insurance and the merger of maternity insurance and medical insurance were carried out in depth.

Promote the implementation of provincial-level coordination of work-related injury insurance funds, issue and implement interim measures for the management of use of work-related injury prevention fees, and improve the mechanism for adjusting and determining work-related injury insurance benefits.

——Benefit levels have been steadily improved. The basic pension levels for retirees from enterprises and government institutions have been adjusted since January 1, 2017, and the increased pensions have basically been paid in place.

Formulate and implement policies and measures to improve unemployment insurance benefits.

14 provinces have raised basic pension standards for urban and rural residents.

——New progress has been made in fund investment management. Basic pension insurance fund investment has been carried out steadily. The governments of 9 provinces (autonomous regions and municipalities) including Beijing and Anhui have signed entrusted investment contracts with the Social Security Fund Council. The total contract amount is 430 billion yuan, of which 180 billion yuan.

Funds have been received and investments have begun.

The Interim Measures for the Management of Occupational Annuity Funds are promulgated and implemented.

——The level of management services continues to improve, and a breakthrough has been made in the direct settlement of cross-provincial medical treatment in different places. As of October 31, all provincial-level settlement systems for remote medical treatment in the country and all coordinating regions have been connected to the national remote medical settlement system.

, the number of designated medical institutions across provinces across the country has increased to 7,688, and the number of people registered has reached 1.81 million.

As of the end of September, the number of social security card holders reached 1.045 billion.

He clarified the next work arrangements of the Ministry of Human Resources and Social Security: - Improve the social security system and steadily promote the integration of the medical insurance system for urban and rural residents.

Deeply implement the reform of basic medical insurance payment methods.

Promote provincial-level coordination of work-related injury insurance funds and implement policies and measures to improve the adjustment and determination mechanism for work-related injury insurance benefits.

Consolidate the critical illness insurance system and improve policies to implement more precise payments for the poor.

——Do a good job in expanding coverage and collection, promote the implementation of the universal insurance plan, establish an inter-ministerial work coordination mechanism, and strengthen data exchange and sharing between departments.

——Strengthen fund investment and supervision and management, research and formulate policies related to the investment and operation of urban and rural residents’ pension funds and the management of occupational annuity funds.

——Strengthen handling services, continue to improve the national settlement system for medical treatment in different places, and further promote online settlement of medical treatment in different places.

Promote the standardization and informatization of social security services, and accelerate the issuance and application of social security cards.