Cctv news: On March 2nd, the State Council Press Office held a series of press conferences on the theme of "Opening by authoritative departments".
At the meeting, a reporter asked: all walks of life are very concerned about the issue of pension payment. What is the overall situation of the basic endowment insurance fund for enterprise employees?
In this regard, Ministry of Human Resources and Social Security Minister Wang Xiaoping said that the issue of pension payment involves the vital interests of hundreds of millions of retirees, and everyone is very concerned. Over the years, the reform of the old-age insurance system has been steadily advanced, the coverage has been continuously expanded, the fund income has been continuously increased, the system operation has been generally stable, and it has a strong ability to guarantee and distribute.
"I want to make an exchange from four angles." Wang Xiaoping said: First, there is a balance between revenue and expenditure. The annual income and expenditure of the basic endowment insurance fund for enterprise employees are basically balanced, and the fund operation is generally stable.
Second, the fund has been adjusted. In order to solve the structural contradiction of uneven distribution of funds, on the basis of the implementation of the central fund adjustment system, the national overall planning system was launched last year, and the funds were uniformly adjusted nationwide, with greater efforts.
Third, there is financial input. The central financial subsidy continued to increase, and the local finance established a long-term investment mechanism, and the investment continued to increase.
Fourth, there are reserves in the long run. The scale of the national social security fund is constantly expanding, and the transfer of some state-owned capital to enrich the social security fund has been completed. These two funds are long-term reserves of pension funds.
"So, I clearly tell you that China’s pension insurance fund is running steadily." Wang Xiaoping said.