China News Service, Beijing, January 18 (Reporter Liang Xiaohui) The Ministry of Human Resources and Social Security stated on the 18th that the overall operation of the personal pension system is stable and orderly. The payment amount is 14.2 billion yuan.

  On the same day, the Ministry of Human Resources and Social Security held a press conference for the fourth quarter of 2022. Qi Tao, deputy director of the Pension Insurance Department, made the above introduction.

  Personal pension is a supplementary pension insurance system supported by government policies, voluntary participation by individuals, and market-oriented operation. It is an important part of the multi-level and multi-pillar pension insurance system.

On November 25 last year, the personal pension system was launched in 36 leading cities (regions), and the annual payment limit for individuals was 12,000 yuan.

  Qi Tao said that the Ministry of Human Resources and Social Security will sum up the experience in the work in a timely manner, find and solve problems, continuously improve relevant policies, and actively and steadily promote the implementation of the personal pension system.

  In terms of basic pension insurance, according to reports, the Ministry of Human Resources and Social Security implements national overall planning of basic pension insurance for enterprise employees. Last year, a total of 244 billion yuan was transferred across provinces, which strongly supported the distribution of pensions in provinces with fund difficulties.

At the same time, the entrusted investment of basic pension insurance funds was promoted, and the actual investment and operation scale was 1.62 trillion yuan.

(Finish)