36 leading cities (regions) across the country have opened personal pension accounts with 40.3 million people. Fund | National | Region
CCTV News: On July 21st, the Ministry of Human Resources and Social Security held a press conference. The reporter learned that as of the end of June, the number of participants in China's basic pension insurance reached 1.057 billion.
As of the end of June, the number of participants in basic pension, unemployment, and work-related injury insurance in China was 1.057 billion, 240 million, and 294 million, respectively. From January to June, the total income of the three social insurance funds was 3.91 trillion yuan, and the total expenditure was 3.37 trillion yuan. At the end of June, the cumulative balance was 7.95 trillion yuan. The national pooling of basic pension insurance for enterprise employees is steadily advancing. In the first half of the year, 163 billion yuan of national pooling and adjustment funds were allocated to support the distribution of pension funds in provinces facing financial difficulties.
In addition, the policy of paying basic pension insurance premiums for urban and rural residents has been implemented. In the first half of the year, a total of 15.55 million low-income recipients, extremely impoverished individuals, and those who have difficulty paying premiums for urban and rural residents have been paid on behalf of them. 172000 eligible retired fishermen from key water areas in the Yangtze River Basin have all participated in basic pension insurance.
At the same time, the advance work of personal pension is stable and orderly. As of the end of June, 40.3 million people in 36 pilot cities across the country have opened personal pension accounts.