The 360 ??billion basic pension fund has begun investment and operation
At the National Social Security Directors’ Meeting held on February 16, 2017, You Jun, Vice Minister of the Ministry of Human Resources and Social Security, revealed that at present, Seven provinces, autonomous regions and municipalities including Beijing and Shanghai, with a total of 360 billion basic pension insurance funds, have begun to entrust investment operations, breaking through the original restrictions of only depositing social security funds in state-owned banks and buying government bonds, and maintaining the value of pension insurance funds. Adding value actually opens up channels.
According to Voice of China's "National News Network" report, reporters learned from the National Social Security Directors' Meeting held today that the total revenue of my country's five social insurance funds in 2016 was 5.28 trillion, and various funds remained The revenue and expenditure are generally balanced, with a cumulative balance of more than 6.5 trillion yuan.
In 2016, the total revenue of my country's five social security funds was 5.28 trillion, and the total expenditure was 4.65 trillion. The revenue and expenditure maintained an overall balance, and the cumulative balance exceeded 6.5 trillion. By the end of the year, the number of people covered by basic pension insurance exceeded 880 million, and basic medical insurance basically achieved full coverage, completing the annual social security expansion task. You Jun, Vice Minister of the Ministry of Human Resources and Social Security, revealed that at present, 7 provinces, autonomous regions and municipalities including Beijing and Shanghai, totaling 360 billion in basic pension insurance funds, have begun to be entrusted for investment and operation, breaking through the original social security funds that were only deposited in state-owned banks and The restriction on the purchase of government bonds has truly opened the way for the preservation and appreciation of the value of pension insurance funds. We will strengthen prediction and early warning of the operation of funds in key areas and solve the problem of out-of-town medical treatment
We will strengthen prediction and early warning of the operation of funds in key areas, ensure that pensions are paid out in full and on time, and continue to do a good job in 2017. The adjustment of pension benefits for retirees in government agencies and institutions will strengthen the main responsibility to ensure payment, consolidate the payment base, strengthen fund collection and audit and clearing of arrears, and improve the incentive and restraint mechanism for expanded collection and provincial-level overall fund adjustment system. Raise and distribute funds through multiple channels, and strengthen prediction and early warning of fund operations in key areas and provinces.
In addition, in response to the issue of medical treatment in other places that people are concerned about, You Jun revealed that all provinces in the country have now implemented direct settlement of medical treatment in other places within the province, and 15 provinces, autonomous regions and municipalities including Beijing have officially connected with the national medical treatment in other places. Settlement system. While direct settlement of hospitalization expenses for retirees resettled in other places across provinces will be completed within the year, exploration will be gradually expanded to include hospitalization expenses in other places that comply with transfer regulations.
All localities should study and introduce specific measures for referral policies and management of medical treatment areas. Actively promote the reform of medical insurance payment methods, strengthen the budget management of medical insurance funds, promote payment by disease type, capitation payment, and group payment related to disease diagnosis, strengthen the monitoring of medical behaviors, and give full play to the basic role of medical insurance in medical reform.