Xinhua news agency, Beijing, September 24 (reporter Chen Weiwei, Wu Yu) - Finance Minister Liu Kun said on the 24th that from January to July this year, the national enterprise employees' basic endowment insurance fund had an income of 2.2 trillion yuan and an expenditure of about 2 trillion yuan, with a balance of revenue and expenditure of more than 200 billion yuan and a cumulative balance of about 5 trillion yuan. At present, the operation of China's endowment insurance fund is generally stable, and the distribution of pension is guaranteed.
The press center held a press conference on the 24th to celebrate the 70th anniversary of the founding of new China. Liu Kun said at the press conference that affected by factors such as the intensification of population aging and the imbalance of population flow, and the fact that the fund could not be adjusted between provinces before, there are indeed some provinces with great pressure on the balance of fund revenue and expenditure.
Liu Kun said that in the next step, we should promote the development of the old-age insurance system towards a more equitable and sustainable direction by increasing the proportion of central adjustment, comprehensively promoting the transfer of some state-owned capital, enriching the social security fund, and accelerating the national overall planning progress of old-age insurance.