According to Xinhua News Agency, Hou Junming, director of the Asset Management Department of the Ministry of Finance, said a few days ago that in 2023, the central government will arrange about 1 trillion yuan of basic pension insurance subsidies, focusing on the central and western regions and old industrial bases where the fund has difficulty in revenue and expenditure.
In recent years, financial departments at all levels have actively played a functional role, continuously increased financial subsidies, implemented the national overall planning of pension insurance, and strengthened the management of pension insurance funds. "Through the implementation of the above measures, the income and expenditure of the fund has been effectively improved in recent years. By the end of 2023, the cumulative balance of the basic pension insurance fund for employees of enterprises across the country has approached 6 trillion yuan, and the pension can be guaranteed to be paid on time and in full. Hou Junming said.
He said that at the same time, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, the financial department has also arranged special funds to support the implementation of basic pension services at home and in the community, centralized care for the disabled elderly in economic difficulties and other pension service projects, and introduced a series of preferential tax policies to support the development of the pension service industry, and vigorously support the development of the silver economy.
"In 2024, we will further increase the central financial subsidies, thoroughly implement the national overall pension insurance system, improve the relevant systems and mechanisms, and manage the people's 'pension money'. Hou Junming said that on the other hand, further increase the support for pension services, improve the institutional, community and home care service network, promote the coordinated development of the pension industry and the pension industry, and promote the quality and efficiency of pension services.
Source: Xinhua News Agency
Editor: Wang Meimei
Review: Liu Jinzhu
Reviewer: Hu Yue
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