The original plan for the introduction of the "migrant workers to participate in basic endowment insurance measures" and "Urban enterprise workers Basic Endowment Insurance Relationship Transfer" interim measures may be postponed, because the peasant workers endowment insurance system may be rubbed into the urban workers Endowment Insurance transfer method, the joint introduction. 16th, reporters from close to the Ministry of people familiar with the situation learned that the two approaches to the ultimate point of view has not yet been clear. The reason is whether a separate pension insurance system for migrant workers, whether to set up a unification to break the urban and rural division of the Social security system and other issues, there is still controversy. It is understood that at present, the country has more than 600 nominally, municipal level above the social Security co-ordination area, of which more than 90% in fact still with the county (city) level of co-ordination as the basis, Social Security division is still very serious. Due to the different levels of actual participation, some developed regions often set obstacles for the transfer of Social Security Fund. At present, the establishment of unification social security system in the country, the reform of the existing urban basic pension system, so that it can be suitable for migrant workers, farmers and other social groups of the plan to surface. The basic idea of the reform is to implement the new system of "bookkeeping and accounting combination", which will include all the contributions of employers and employees into individual accounts, some of which are accumulated, some of which are still pay-as-you-go, using accounting management and providing high returns during the transition period. Some experts said that "under this same system, any group can be transferred to other places, including migrant workers, all population activities, there is no portability of institutional barriers, there is no identity and hukou barriers." "This reform is accompanied by a series of specific institutional designs: such as the gradual reduction of the burden on enterprises, the establishment of a proportional personal account for farmers through matching, the reform of the existing retirement system and the progressive retirement age." (21st century Economic Report)
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