PICC says pension fund payments are generally guaranteed

The policy adjustment of retirement age needs careful decision.　　National human resources and Social Security spokesman Yin Chengki October 22, last year to this year, China's Social insurance fund total income growth is lower than the total expenditure growth, but at present the overall situation, the Pension insurance fund payment is guaranteed.　　Yin Chengki in response to media questions at a press conference held today at the third quarter of 2010. He introduced that last year and this year, in particular, after the outbreak of the international financial crisis, in order to stabilize employment, the state adopted the "five slow four minus three supplement" Social Security support policy, and six consecutive years to adjust the basic pensions of enterprise retirees, at the same time, in line with the medical and health system reform, and further improve the basic medical insurance　　Combined with the unemployment insurance fund spending that has increased social security benefits, training subsidies and job subsidies to cope with the financial crisis, the total income of the social Insurance fund has risen less than the overall expenditure growth in the year to this. Yin Chengki said that our country has established the National Social Security Fund specialized management organization, is to respond to the aging, guarantees the social insurance treatment payment to provide a strategic reserve.　　With the further enhancement of China's economic strength, the payment of Endowment Insurance fund is not to worry.　　On the issue of the retirement age of social concern in the near future, Yin Chengki said that the country pays close attention to the development of the retirement age policy in the world and attaches importance to the study of retirement age.　　However, due to the retirement age policy and the longevity and health status of the population, and the trend of urbanization and aging, and the level of employment and social and economic development is closely linked, Yin Chengki said, this is a very important and very sensitive social public policy, its adjustment needs to be integrated into consideration, step-by-step, which is the common practice and experience of all countries. Yin Chengki stressed that China's retirement age and pension treatment age policy adjustment, we should take into account all aspects of factors, prudent decision-making.