What is the reason for the empty pension personal account? How to solve it?

The so-called empty account problem or gap problem of pension refers to the fact that the money corresponding to each individual account is not made real. Although many accounts should have so much money, they are actually empty, because China's actual pension operation mode is a combination of unified accounts.

(A) the causes of the problem of empty accounts and the current scale

1. The reason why personal accounts are empty has a profound historical background.

1993 At the Third Plenary Session of the 14th CPC Central Committee, relevant representatives proposed that China should establish a social endowment insurance system of "combining social pooling with individual accounts", and the individual account system was established. However, retired employees (so-called "old people") and on-the-job employees (so-called "middlemen") who joined the work earlier before the implementation of the personal account system did not accumulate personal accounts in the past working years, and pensions were required to be paid.

Since 1997, China has been implementing the financial management system of "mixed management" of overall account and personal account, that is to say, the two accounts are managed together, so this provides opportunities and possibilities for the transfer of funds from personal account to social overall account. In order to solve the problem of pension payment for retired employees (so-called "old people"), social security institutions directly misappropriate the funds in the personal accounts of on-the-job employees by using the convenience of "mixed account management". For a long time, due to the continuous overdraft of personal accounts to fill the shortage of social pooling funds, personal accounts have been empty.

2. The current personal account "empty account" scale.

In recent years, the scale of "empty accounts" of personal accounts in China has expanded rapidly. From August 2000 to June 2006, 5438+0, the report "Calculation and Management of China Endowment Insurance Fund" jointly completed by the Ministry of Labor and Social Security and Bosera Fund Management Co., Ltd. pointed out that in the next 50 years, the dependency ratio of urban workers and retired workers will be from 3.65: 1. The total gap of social pooling funds will reach10.8 trillion, with an average of 710.7 billion. The scale of empty accounts in personal accounts is unprecedented, which has caused serious impact and buried many hidden dangers.

(B) Personal account "empty account" hidden trouble.

The problem of "empty account" in personal account is serious, which directly affects the transformation of pension insurance for urban workers in China from pay-as-you-go system to accumulation system, transfers the risk of pension payment to future generations, affects the sustainable development of pension funds and reduces the credibility of pension insurance system.

First of all, the "empty account" of personal account directly affects the transformation of China's urban workers' pension insurance from pay-as-you-go system to full accumulation system. This change will inevitably affect the realization of the complete accumulation system of basic old-age insurance in China, and will only make the new old-age insurance system superficial and unable to play a fundamental role in the end.

Secondly, the problem of "empty account" in personal account leaves the risk of pension payment to the next generation, which affects the sustainable development of pension funds and the credibility of pension insurance system. There is no accumulation of personal accounts-the problem of "empty accounts" is to transfer the risk of pension payment to future generations. The transfer of risk reduces people's awareness of payment, which will lead to various explicit and implicit evasive behaviors. Evasion of fees will lead to a vicious circle of low collection rate and high payment rate, which will affect the collection of social security funds, and at the same time cause the fund's income to be less than the fund's payment demand, which will bring huge financial risks to the social security system, increase the pressure of fund appreciation, and make endowment insurance.