Recently, the news that the pension will be exhausted has been affecting everyone's heart. Many people worry that the post-80s and post-90s will face the problem of no pension. In order to relieve everyone's worry and confusion, the human resources and social security department also openly responded to this question. Let's take a look at the details.
Human resources department responds that pension will run out in 2035
Nie Mingjun, director of the Department of endowment insurance of the Ministry of human resources and social security, said that the central government attaches great importance to the sustainable development of endowment insurance and has formulated a series of positive, comprehensive and scientific countermeasures to ensure the long-term payment of pension in full and on time and the healthy and stable operation of the system.
At present, the national social security fund has about 2 trillion strategic reserves, and the work of transferring part of the state-owned capital to enrich the social security fund has started, and will continue to increase the transfer efforts in the future. At the same time, the central government has formulated a series of positive, comprehensive and scientific response measures, which can fully guarantee the long-term, timely and full payment of pension, and ensure the healthy and stable operation of the system.
The other reform of endowment insurance is progressing steadily, and the internal incentive and restraint mechanism of the system is being further improved
For example, financial investment in basic endowment insurance at all levels is increasing year by year. This year, the central government has allocated 528.5 billion yuan for enterprise endowment insurance, an increase of 9.4% over the same period last year, and local governments have also made corresponding fund arrangements.
It is worth noting that other reforms of endowment insurance are progressing steadily, and the internal incentive and restraint mechanism of the system is being further improved. We will take comprehensive measures with relevant departments to actively and steadily carry out the investment and operation of endowment insurance funds, increase the strength of central fund adjustment, continuously improve the level of overall planning, strengthen fund supervision, etc., and constantly strengthen the self construction of the system, so as to improve the efficiency of the system The incentive and restraint mechanism of paying more and paying more for a long time is more perfect.
That's what I'm going to tell you about the people's Department's response that the pension will run out in 2035. So you don't have to worry about it. The state will handle it properly.