According to the situation recently introduced by You Jun, Vice Minister of the Ministry of Human Resources and Social Security, in 2017, the income of enterprise employee pension insurance was 3.27 trillion, the expenditure was 2.86 trillion, and the cumulative balance was 4.12 trillion. The cumulative balance can be paid for 17.3 months, ensuring that the payment is not

question.

In fact, as the aging society intensifies, the revenue and expenditure pressure of pension insurance funds has become increasingly prominent in recent years, and the sustainability of pension insurance has also become the focus of social attention.

From the annual reports on China's pension funds in recent years, we can get a glimpse of the pressure on pension insurance funds.

According to the annual social insurance development report released by the Ministry of Human Resources and Social Security every year, since 2012, although the cumulative balance of corporate pension insurance funds has continued to expand, the number of months that can be paid has continued to decrease, and the income growth rate has been significantly lower than the expenditure growth rate.

In 2012, the cumulative balance of corporate pension insurance funds was 2.3 trillion yuan, which increased to 4.12 trillion yuan in 2017, but the number of payable months dropped from 19.7 months in 2012 to 17.3 months.

The two curves, one increasing and the other decreasing, reflect the contradiction between the income and expenditure of the pension insurance fund.

Fu Jinling, inspector of the Social Security Department of the Ministry of Finance, once said that one of the biggest problems with the current pension insurance system is sustainability. In recent years, the growth rate of pension insurance fund income has been significantly lower than the growth rate of fund expenditures.

As China's aging society advances, the contradiction between the income and expenditure of pension insurance funds may become more prominent.

The pension situation reports of various provinces also confirm the dilemma of the increasingly prominent contradiction between revenue and expenditure.

Report data shows that the number of provinces with pension insurance funds that cannot make ends meet has increased rapidly in recent years.

Pensions are not a problem faced by individual countries.

Liu Peilin, deputy director of the Social Development Department of the Development Research Center of the State Council, pointed out that the pension issue is not only a problem for China, but also a difficulty that human society will face for a long time to come.