In 2024, the Chinese system under the pension system will be fully implemented, and the market will

Mondo Social Updated on 2024-03-07

The ** work report for 2024 has just been released, and one of the blockbuster news has attracted widespread attention! ** The personal pension system will be implemented nationwide, and the third pillar of pension insurance will be actively developed, as well as the supply of goods and services for the elderly will be strengthened, and the silver economy will be vigorously developed! What does this mean? Let's find out!

According to Xinhua News Agency, the Ministry of Human Resources and Social Security said at a press conference that the personal pension system implemented in 36 cities and regions has been running smoothly and has achieved positive results. In the next step, we will promote the full implementation of the personal pension system, which will bring more security and benefits to the majority of the elderly!

From the perspective of the entire social security situation, by the end of 2023, the number of people insured in the national basic pension, unemployment, and work-related injury insurance will be 106.6 billion people, 24.4 billion people, 30.2 billion people, an increase of 13.36 million, 5.66 million and 10.54 million year-on-year. And the annual income of the three social insurances is as high as 792 trillion yuan, expenditure 709 trillion yuan, and the cumulative balance at the end of the year reached 824 trillion yuan, ** operation is generally stable, which can be described as gratifying news!

The Ministry of Human Resources and Social Security also said that in the future, it will actively promote the national overall planning of pension insurance, ensure that pensions are paid on time and in full, continue to expand the coverage of enterprise annuities, promote qualified village collective economic organizations to subsidize urban and rural residents to pay pension insurance participants, increase the accumulation of personal accounts, promote flexible employment and new forms of employment workers to participate in pension insurance, and carry out a pilot project of direct settlement of work-related injury insurance across provinces and places. This series of policy measures will further improve China's social security system and benefit more people!

The personal pension system, as a supplementary pension insurance system supported by policies, voluntary participation by individuals and market-oriented operation, has an annual payment ceiling of 12,000 yuan, which belongs to the part of the third pillar insurance with national institutional arrangements. According to data from the Ministry of Human Resources and Social Security, more than 50 million people have opened personal pension accounts, and this number is still growing!

This news undoubtedly gives us more food for thought and expectation. The full implementation of the personal pension system will provide more security for our old age, and the vigorous development of the silver economy will provide more employment opportunities and service supply for the elderly, and further enrich the lives of the elderly!

In 2024, we will usher in a brighter future! **The policy will bring more security and benefits to our old age, let us look forward to a better tomorrow together!

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