The cumulative balance of social security funds is 6.13 trillion yuan
Beijing, February 1 (Reporter Li Xinping) The reporter recently learned from the Ministry of Human Resources and Social Security that as of the end of December 2020, the number of people participating in basic pension, unemployment, and work-related injury insurance was 999 million, 217 million, and 268 million, respectively.
The total income of the three social insurance funds is 5.02 trillion yuan, the total expenditure is 5.75 trillion yuan, and the cumulative balance is 6.13 trillion yuan. The fund operation is generally stable.
The number of holders of social security cards nationwide reached 1.335 billion, and more than 360 million electronic social security cards were issued.
It is understood that as of the end of 2020, all provinces have started to implement the unified collection and expenditure of pension insurance funds at the provincial level, and the preparations for the national overall planning of pension insurance funds are progressing steadily.
Work-related injury insurance funds have also achieved provincial overall planning.
Up to now, the adjustment of the basic pension for retirees has been completed, benefiting more than 120 million retirees.
Unemployment insurance coverage has been extended to all the insured unemployed persons in both urban and rural areas. In 2020, 13.37 million people will receive unemployment insurance benefits under different items, an increase of 8.41 million from 2019.
In addition, all provinces have started to implement the entrusted investment of basic pension insurance funds, with a contract size of 1.24 trillion yuan and an amount of 1.05 trillion yuan.
Occupational annuity market-oriented investment operations have been launched in 32 coordinating districts across the country, and the fund scale has exceeded 1 trillion yuan.
In response to the “reduction, exemption, and mitigation” policy of social insurance premiums that the public is concerned about, the relevant person in charge stated that the Ministry of Human Resources and Social Security, in conjunction with relevant departments, has issued a policy for corporate social insurance premiums.
From February to the end of December 2020, the three social insurance exemptions, reductions, mitigations, and reductions for pensions, unemployment and work-related injuries have reduced fees totaling 1.54 trillion yuan.
As a temporary support policy, the phased social insurance premium reduction policy has expired at the end of 2020, and the three social insurance premiums have resumed normal collection as required from January 1, 2021.
"People's Daily" (February 02, 2021, version 13)