Many old people are still controversial about the source of pension they receive after retirement. Some old people feel that they have paid their pensions for so many years, and the pensions they receive now are all their own money, and only after receiving them will they be state subsidies. In fact, this idea makes the operation of the pension fund too simple. Let's analyze the relevant funds according to the Statistical Bulletin on the Development of Human Resources and Social Security in 22.
the income and expenditure of the endowment insurance fund.
according to the data in the bulletin, at the end of 22, there were 127.62 million retirees in the basic old-age insurance for employees in China, and the income of the old-age insurance fund was 4,437.6 billion yuan, and the expenditure was 5,13.1 billion yuan, with a cumulative balance of 4,831.7 billion yuan, and the cumulative balance of funds was only 11.3 months. In order to adjust the income and expenditure gap of old-age insurance between different regions, the state has established a system of basic old-age insurance for employees and central adjustment funds. At present, the adjustment ratio is 4.% and the adjustment scale is 74 billion yuan.
From the perspective of the income and expenditure of the endowment insurance fund, in 22, the expenditure of the basic endowment insurance for employees in China is greater than the income, and there is a certain pressure on the accumulated balance of funds. If we say that our old-age insurance is accumulated by ourselves, we will receive at least 2 years' pension on average after retirement. Assuming that the existing elderly can still receive an average pension of 1 years, at least 51.3 trillion yuan of old-age insurance money needs to be accumulated.
Someone said, "Did the state spend the endowment insurance we paid?" This is a big misunderstanding. In 1991, the State Council issued the "Decision on the Reform of the Old-age Insurance System for Enterprise Employees", which stipulated that the basic principle of the old-age insurance operation was "fixed income by expenditure, a little surplus, leaving some accumulation". At present, the operation of the endowment insurance fund is carried out in strict accordance with the relevant principles.
In fact, the current endowment insurance fund is not only the endowment insurance paid by employees, but also a large number of state subsidies. According to the reality of the draft budget of the central and local governments in 221, the budget revenue of China's social insurance fund in 221 is 8,918.75 billion yuan, of which the premium income is only 6,319.135 billion yuan, and the financial contribution to subsidy income is as high as 2,274.175 billion yuan. From 2 to now, the total amount of the basic old-age insurance fund subsidized by the state for employees has exceeded 3, billion yuan.
When paying the endowment insurance, there will be two parts: the overall account and the individual account. But in fact, the personal account of endowment insurance is just bookkeeping, and all the funds are uniformly allocated and used by the state. Personal account of endowment insurance is used to calculate personal account pension when retiring, and the balance of personal account of endowment insurance can be inherited after death. Although it is bookkeeping, it is not much different from the real account.
After retirement, the pension will be adjusted by the national unified organization every year according to the average social wage and price growth. People are getting higher and higher pensions. Generally speaking, people pay old-age insurance, and when the average social wage and pension are constantly improving, the time to return to this capital is only 6-7 years. Moreover, after death, there will be corresponding funeral subsidies, one-time pensions, the balance of personal accounts of old-age insurance, and subsidies for supporting relatives' difficulties. Most people are sure to make a profit.
Therefore, it can be said that the old-age insurance paid by the old people at the time of employment has been used to support the retired old people at that time, and the pension finally received is maintained by the old-age insurance premiums paid by supporting young people and the subsidies given by the state finance.
if you really save money for your own pension, to be honest, people will not enjoy the annual increase in pension benefits. Or the current pension adjustment system is better.