Zhongxin Finance, February 22. On the 22nd, Qi Tao, deputy director of the Endowment Insurance Department of the Ministry of Human Resources and Social Security, said at a press conference that starting from January this year, national overall planning of endowment insurance will be implemented.
After the implementation of the national overall planning system, the current surplus and shortage of regional pension insurance funds will be adjusted nationwide to ensure that pensions are paid in full and on time.
According to reports, since the establishment of my country's endowment insurance system in the 1990s, it started from county-level planning and gradually raised the level of planning.
At the end of 2020, all provinces have realized the unified revenue and expenditure of funds at the provincial level, solving the problem of uneven fund burdens between provinces.
However, due to unbalanced development among regions in my country, differences in economic development level, population age structure, etc., the structural contradictions of pension insurance funds among provinces have become increasingly prominent. Some provinces have relatively large fund balances, but some have relatively serious population aging. In provinces, the expenditure pressure of pension insurance funds is relatively large.
In this case, it is necessary to realize national overall planning as soon as possible, and adjust the use of funds nationwide.
Qi Tao said that after the implementation of the national overall planning system, the current surplus and shortage of pension insurance funds between regions will be adjusted nationwide to ensure that pensions are paid in full and on time. Pensions in difficult areas are more guaranteed.
We will work with relevant departments to strengthen the management of nationally coordinated funds for allocation to ensure the safety of funds and the smooth allocation of funds.
After the implementation of the national overall planning system, a mechanism for sharing the expenditure responsibilities between the central and local governments will be established, and the central government's subsidies for endowment insurance will not be reduced, maintaining stability and continuity.
On this basis, the expenditure responsibilities of local governments will be more clearly defined, and the responsibilities of governments at all levels will be further consolidated.
At the same time, after the national overall planning, by strengthening the unified management of pension insurance policies, fund management, handling services, information systems, etc., it will help to further improve the overall security capability, enhance the uniformity and standardization of the system, and better ensure Pensions are paid in full and on time, providing more convenient and fast services for insured companies and insured personnel.
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