China News Service, January 18. Qi Tao, deputy director of the Pension Insurance Department of the Ministry of Human Resources and Social Security, pointed out on the 18th that by the end of 2022, the number of individual pension participants will be 19.54 million, the number of contributors will be 6.13 million, and the total payment amount will be 14.2 billion yuan.

  The Ministry of Human Resources and Social Security held an online press conference for the fourth quarter of 2022 to introduce the progress of human resources and social security work in 2022.

At the meeting, a reporter asked a question saying that the personal pension system has already started to be implemented in the first cities. Please tell us about the relevant progress?

  Qi Tao said that the Party Central Committee and the State Council attach great importance to personal pension work.

In April 2022, the General Office of the State Council issued the "Opinions on Promoting the Development of Personal Pensions", clarifying that personal pensions are a supplementary pension insurance system supported by government policies, voluntary participation by individuals, and market-oriented operations. It is a multi-level, multi-pillar pension system. An important part of the insurance system.

  After the "Opinions" were issued, the Ministry of Human Resources and Social Security and the Ministry of Finance took the lead, and together with the State Administration of Taxation, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission, successively formulated and issued supporting policies such as individual pension implementation measures, tax policies, participation in financial institutions, and financial product regulations. A personal pension information management service platform has been built, and it has been connected with the State Administration of Taxation, commercial banks and financial industry platforms that meet the regulations, and a personal pension system and management system have been initially formed.

On November 25 last year, the personal pension system was implemented in 36 leading cities (regions).

Under the vigorous publicity and joint promotion of various departments, leading regions, and participating financial institutions, the overall operation is stable and orderly.

By the end of 2022, the number of individual pension participants will be 19.54 million, the number of contributors will be 6.13 million, and the total payment amount will be 14.2 billion yuan.

  Qi Tao said that in the next step, the Ministry of Human Resources and Social Security will, in accordance with the State Council’s deployment of a one-year pilot program for personal pensions, work with relevant departments to sum up work experience in a timely manner, discover and solve problems, continuously improve relevant policies, and actively and steadily promote personal pensions. Implementation of the pension system.