Does the empty personal account of endowment insurance affect pension payment?

Expert response: Empty accounts are not pension deficits and do not affect pension payments; As long as the society is stable and the economy is developing, China can provide for the aged. Another argument about the pension deficit is that the personal account of social endowment insurance in China is 2.2 trillion yuan. Is the empty account equal to the pension deficit? In this regard, Zheng Bingwen said, "An empty personal account is not the same as a pension deficit. Empty accounts do not affect the current pension payment, but potentially affect the future, that is, the institutional payment ability brought about by future aging and the payment pressure of the next generation. " Tang Jun said that China implements the old-age insurance system of social pooling and individual accounts. For historical reasons, most personal accounts are only nominal accounts, but when people retire, the government will issue pensions according to the calculation formula of social pooling plus personal accounts. Because we have established an endowment insurance system shared by the state, enterprises and individuals. Then, with the advent of aging, will the government's ability to pay for old-age insurance be reduced? Tang Jun believes that "it is always said that several people support several people now, but it is actually limited to calculating how much money to collect and how much money to send within the framework of' insurance'. If we look at social endowment insurance from the perspective of social distribution, in addition to unit contributions and individual contributions, there are many financing methods, such as financial subsidies and state-owned assets replenishment. " Hu Xiaoyi also said that in the face of an aging population, first of all, he is not afraid. He firmly believes that as long as social stability and economic development are maintained, China can support the elderly at any time and make them live better and better; Second, take it seriously, constantly explore based on the national conditions, and make preparations for systems, policies and funding arrangements. Although there is no need to worry about empty accounts, experts also pointed out the problems existing in the system. Zheng Gongcheng stressed, "At present, there is a problem that everyone ignores. Social pooling funds that should be paid on a pay-as-you-go basis have large balances in some areas. This is the alienation of the institutional structure, which seriously affects fairness, rate fairness and sustainable development. " If you have any questions about social security, please feel free to consult.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.