Institutions and institutions will promote pension reform
At the press conference of the Fifth Session of the Eleventh National People's Congress on March 7th, Yin Weimin, Minister of Human Resources and Social Security, said that pilots for endowment insurance reforms in public institutions have now been launched in five provinces (cities). It is implemented nationwide.
Yin Weimin said that the remuneration of employees in enterprises and institutions is now quite different, and the people's response is strong. However, institutions and institutions are implementing a retirement and pension system that is different from that of enterprises. The two systems are different in terms of basic pension calculation methods and adjustment methods. Therefore, such a difference in treatment has arisen. The most fundamental solution to this problem is to promote the reform of the endowment insurance system of government agencies and institutions. Based on the summing up of pilots, this system will be perfected and implemented throughout the country. On this basis, the reform of the endowment insurance system for government workers will also be promoted.
Yin Weimin said that the current national pension fund basic pension plan for employees is also being studied and formulated. However, due to the vast territory of our country, the economic and social development between regions is very uneven, and the income level is also very different. Even if the payment and payment levels are calculated according to the same rate and proportion, the differences between regions are also great. Therefore, it is a difficult task to properly and steadily connect the interests between regions. In addition, policies on the convergence of social insurance relations between urban and rural areas are also being actively studied.
At the press conference, Hu Xiaoyi, Deputy Minister of Human Resources and Social Security, introduced the progress of basic pension insurance for new rural insurance and urban residents. He said that the number of people covered by the two systems this year is expected to reach or exceed 400 million people. By the end of the year, it will basically cover all areas. By the end of last year, pilot areas directly funded by new rural insurance and urban residents' basic endowment insurance countries had reached more than 60% of the country's total, and the number of urban and rural residents participating in the insurance program had exceeded 332 million. If all local pilots were added, the total participation was guaranteed. The number has exceeded 364 million people.
Yin Weimin said that the remuneration of employees in enterprises and institutions is now quite different, and the people's response is strong. However, institutions and institutions are implementing a retirement and pension system that is different from that of enterprises. The two systems are different in terms of basic pension calculation methods and adjustment methods. Therefore, such a difference in treatment has arisen. The most fundamental solution to this problem is to promote the reform of the endowment insurance system of government agencies and institutions. Based on the summing up of pilots, this system will be perfected and implemented throughout the country. On this basis, the reform of the endowment insurance system for government workers will also be promoted.
Yin Weimin said that the current national pension fund basic pension plan for employees is also being studied and formulated. However, due to the vast territory of our country, the economic and social development between regions is very uneven, and the income level is also very different. Even if the payment and payment levels are calculated according to the same rate and proportion, the differences between regions are also great. Therefore, it is a difficult task to properly and steadily connect the interests between regions. In addition, policies on the convergence of social insurance relations between urban and rural areas are also being actively studied.
At the press conference, Hu Xiaoyi, Deputy Minister of Human Resources and Social Security, introduced the progress of basic pension insurance for new rural insurance and urban residents. He said that the number of people covered by the two systems this year is expected to reach or exceed 400 million people. By the end of the year, it will basically cover all areas. By the end of last year, pilot areas directly funded by new rural insurance and urban residents' basic endowment insurance countries had reached more than 60% of the country's total, and the number of urban and rural residents participating in the insurance program had exceeded 332 million. If all local pilots were added, the total participation was guaranteed. The number has exceeded 364 million people.
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