Ensuring that pensions are paid on time and in full

  The executive meeting of the State Council held a few days ago decided to implement a three-month postponement of pension insurance policies for extremely difficult industries such as catering, retail, tourism, and transportation.

At the same time, the General Office of the State Council issued the "Opinions on Promoting the Development of Individual Pensions".

It can be said with certainty that the current endowment insurance fund is running smoothly on the whole, which can ensure that basic pensions are paid in full and on time.

  At present, the reform of my country's social security system has entered a stage of system integration, coordination and efficiency.

Among them, in the multi-level, multi-pillar old-age insurance system, the relevant departments focus on the protection of people's livelihood, and firmly adhere to the bottom line of ensuring that basic old-age benefits are paid on time and in full.

Although the current policy of deferred payment of social insurance premiums has been introduced for the most impoverished industries, it is still possible to maintain the stable operation of social security funds and ensure that basic pensions are paid in full and on time.

In particular, by continuously consolidating the foundation for the sustainable development of social security over the years, the old-age insurance fund has a certain flexibility and can easily cope with the adverse effects encountered in economic and social development.

  From the specific point of view of the current situation of social security funds, first, the current income and expenditure are generally balanced, with a slight surplus.

In the first quarter, the total revenue of the three social insurance funds was 1.87 trillion yuan, and the total expenditure was 1.54 trillion yuan; second, there was a balance in the total amount.

The accumulative balance of the three social insurance funds is 7.18 trillion yuan, which has a strong guarantee capability; the third is that the central government's subsidy to the endowment insurance fund has been continuously strengthened.

Last year, the subsidy funds for the basic endowment insurance fund arranged by the central government reached about 900 billion yuan. This year, since the national co-ordination of basic endowment insurance was launched, 54.5 billion yuan of funds have been transferred across provinces in the first quarter, which has strongly supported the difficult provinces; reserve.

At present, the national social security fund has a strategic reserve of more than 2 trillion yuan, and some state-owned capital has also been transferred to enrich the social security fund.

  While maintaining the basics, we will continue to increase the basic pensions for retirees and urban and rural residents this year, and focus on the western regions and old industrial bases, so as to improve people's well-being and promote social equity.

  Ao Rong