The State Council Information Office held a press conference on employment and social security on the 26th. Minister of Human Resources and Social Security Zhang Jinan, Vice Minister You Jun, and Vice Minister Li Zhong introduced the relevant situation.

In 2020, my country’s employment situation will remain generally stable, better than expected.”As the economy stabilizes and improves, employment will continue to be generally stable. However, there are still many uncertain and unstable factors, and the employment situation is still more complicated and faces many challenges.” Zhang Jinan said that new towns and cities that need to arrange employment this year The growing labor force is still around 15 million, of which 9.09 million college graduates have reached a new high; in the manufacturing and service industries, there are difficulties in recruiting general workers and a shortage of skilled workers, and college graduates are under greater employment pressure; The impact of the epidemic is complex and changeable, increasing uncertainty and risk challenges.

The Ministry of Human Resources and Social Security will thoroughly implement the employment priority policy, highlight key points, and implement precise policies.”For the key group of college graduates, we will also implement the employment and entrepreneurship promotion plan for college graduates, and support young people to display their talents in various fields through measures such as supporting enterprise employment and grassroots employment.” Li Zhong said.

In 2020, in response to the impact of the epidemic, my country has reduced or exempted corporate social insurance premiums with unprecedented intensity. A total of 1.54 trillion yuan was reduced or exempted throughout the year, including 1.33 trillion yuan in pensions. Is the pension payment still guaranteed?”Although last year there were a few provinces that put pressure on pensions, but the payment of pensions on time and in full in the future is guaranteed.” Zhang Jinan said.

At present, my country’s pension insurance fund has a slight balance after the current balance of income and expenditure is offset. As of the end of 2020, the cumulative balance of the pension insurance fund is 4.7 trillion yuan. The central government’s subsidies to pension insurance funds continue to increase, reaching more than 580 billion yuan in 2020. All provinces have initiated the implementation of the entrusted investment of basic pension insurance funds, and the contract size has reached 1.24 trillion yuan. Under the premise of ensuring the safety of the fund, the value of the fund has been preserved and increased. The equity of the National Social Security Strategic Reserve Fund has increased from 20 billion yuan in 2000 to the current 2.4 trillion yuan. With the continuous advancement of the allocation of state-owned assets to enrich the fund, the strategic reserve fund continues to be enriched and expanded.

In 2020, all provinces will start implementing the unified income and expenditure of pension insurance funds at the provincial level. The central adjustment of the fund has been continuously increased. Last year, the proportion of the central adjustment of the corporate pension increased from 3.5%to 4%. The total scale reached 740 billion yuan, and the funds allocated across provinces amounted to 176.8 billion yuan.”We are also accelerating the research and implementation of national pooling of pension insurance, which will further improve the fund’s ability to resist risks.” Zhang Jinan said.

my country is also actively building a multi-level pension insurance system. As the second-level enterprise annuity, the occupational annuity system has been initially established, and currently covers more than 58 million people. The scale of occupational annuity market operation Break through 1 trillion yuan.

The”14th Five-Year Plan” proposes to implement a gradual delay in the statutory retirement age. With the development of my country’s economy and society, the problem of the overall low retirement age has become very prominent.

Life expectancy is extended. In 2019, my country’s average life expectancy increased to 77.3 years, and the average life expectancy of urban residents exceeded 80 years. Length of education extended. At present, the proportion of workers with higher education in my country’s new labor force has exceeded half. The average number of years of education for workers is 13.7 years, and the age at which they start working has been postponed accordingly. When the retirement age remains unchanged, the average working life is shortened, resulting in a waste of human resources and a decline in the utilization rate of human capital.

The demographic structure has changed. By the end of 2019, the proportion of my country’s population aged 60 and above will reach 18.1%. It is estimated that the elderly population will exceed 300 million during the”14th Five-Year Plan” period, from a mild to moderate ageing stage. Changes in labor supply and demand. The number of working-age population in my country has declined since 2012, with an average annual decrease of more than 3 million, and the reduction is gradually increasing. It is expected that there will be a decrease of 35 million during the”14th Five-Year Plan” period.

From an international perspective, delaying the retirement age is a common practice in countries around the world to deal with population aging, and most countries have raised the retirement age to varying degrees. At present, the retirement age in major economies in the world is generally above 65.

“The Ministry of Human Resources and Social Security is working with relevant departments to study specific reform plans. It must not only learn from international practices and experience, but also fully consider my country’s actual national conditions, cultural traditions and historical evolution to obtain the largest convention. To ensure that the plan is scientifically feasible and smoothly implemented.” You Jun said.

Source:People’s Daily