(Beijing Comprehensive News) The Ministry of Human Resources and Social Security of China said that 124 billion yuan (RMB, Same, Sim, S $ 25.2 billion) in the first half of the year issued pensions to ensure pensionPublished.

According to the China Securities Network report, the person in charge of the Ministry of Human Resources and Social Security, the head of the Pension and Insurance Department of the Ministry of Human Resources and Social Security, on Thursday (August 25) at the Employment and Social Security Work Progress of Employment and Social Security Work on the 18th National Congress of the Communist Party of China.The above -mentioned funds have been allocated under the nationwide overall planning system of endowment insurance to support pensions of pensions in difficult provinces.

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He revealed that last year, the revenue and expenditure of the basic pension fund of the company's employees was generally balanced. Since this year, it has maintained a smooth operation. At present, the cumulative balance of 5.1 trillion yuan. At the same time, the National Social Security Fund has more than 2.6 trillion yuan in strategic reserves.The state -owned capital of 1.68 trillion yuan has been transferred to the social security fund.

This year's pension subsidy focuses on the western region and old industrial bases

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With the deepening of the aging of Chinese society, delayed retirement and reform of the endowment insurance system have become hot topics. The Chinese government also introduced the personal pension system in April this year.Add another pension accumulation in order to further improve the level of income and quality of life.