Ministry of Human Resources and Social Security: Continue to raise pensions at an average rate of 5.5% this year.

  BEIJING, July 28 (Xinhua)-Lu Aihong, deputy director of the Policy Research Department of the Ministry of Human Resources and Social Security, revealed today that the average monthly basic pension for enterprise retirees nationwide increased from 1,686 yuan in 2012 to 2,362 yuan in 2016, with an average annual increase of 8.8%. This year, the average pension will continue to be raised at 5.5%. The minimum standard of basic old-age insurance for urban and rural residents has been raised from 55 yuan to 70 yuan per person per month, and the per capita pension level has reached about 120 yuan.

  This morning, the Ministry of Human Resources and Social Security held a press conference to inform the progress of human resources and social work in the second quarter of 2017. Lu Aihong, deputy director of the Policy Research Department of the Ministry of Human Resources and Social Security, said that breakthroughs have been made in the reform of the national social security system, the coverage of social security has continued to expand, and the level of security has steadily improved.

  Lu Aihong said that the Ministry of Human Resources and Social Security has comprehensively promoted the reform of the endowment insurance system of government agencies and institutions and realized the integration of the endowment insurance systems of government agencies, institutions and enterprises. Establish a unified basic old-age insurance system for urban and rural residents, and open up the connecting channel between the two basic old-age insurance systems for employees and residents. Formulate measures for the investment management of the basic old-age insurance fund, and strive to maintain and increase the value of the fund on the premise of ensuring safety.

  According to its introduction, a social security system covering the largest number of people in the world has been established in China. By the end of 2016, the number of people participating in basic pension, unemployment, industrial injury and maternity insurance had reached 888 million, 181 million, 219 million and 185 million respectively, an increase of 99.8 million, 28.64 million, 28.79 million and 30.22 million respectively compared with the end of 2012. The number of people covered by basic medical insurance exceeded 1.3 billion, and universal medical insurance was basically realized.

  The average monthly basic pension for enterprise retirees nationwide increased from 1,686 yuan in 2012 to 2,362 yuan in 2016, with an average annual increase of 8.8%. This year, the pension will continue to be raised at an average level of 5.5%. The minimum standard of basic old-age insurance for urban and rural residents has been raised from 55 yuan to 70 yuan per person per month, and the per capita pension level has reached about 120 yuan. The maximum payment limit of employee medical insurance and resident medical insurance fund is 6 times of the annual average salary of local employees and the annual per capita disposable income of local residents, respectively, and the proportion of hospitalization expenses paid by the fund within the policy scope is about 80% and 70% respectively. The subsidy standard of basic medical insurance for urban and rural residents has been raised from 240 yuan in 2012 to 420 yuan in 2016, and will continue to be raised to 450 yuan this year. Serious illness insurance covers more than 1 billion urban and rural residents, and the payment ratio stipulated by the policy is not less than 50%. In 2016, the national average monthly unemployment insurance premium level was 1,051 yuan, an increase of 344 yuan over 2012; The standard of one-time work-related death allowance for employees who died at work reached 624,000 yuan, an increase of 188,000 yuan; Maternity insurance benefits reached 15,385 yuan per capita, an increase of 4,098 yuan.

  In addition, in 2016, the total income of various social insurance funds totaled 5.36 trillion yuan, an increase of 2.28 trillion yuan over 2012; The total expenditure of the fund totaled 4.69 trillion yuan, an increase of 2.36 trillion yuan. At the end of 2016, the accumulated balance of the five funds was 6.63 trillion yuan, and the ability to resist risks was enhanced. Actively promote the investment and operation of the basic old-age insurance fund. At present, the first batch of eight provinces have signed contracts with the Social Security Fund, with a total entrusted amount of about 410 billion yuan. Improve the fund supervision system, promote the convergence of fund supervision, administrative law enforcement and criminal justice, increase the punishment of illegal and criminal acts, and ensure the safety of funds.

  Lu Aihong said that the Ministry of Human Resources and Social Security has further promoted the reform of the registration system of "multiple certificates in one" and promoted the deep integration of social security handling business and "internet plus" technology. A five-level social security management organization system and service network from the central government to the local government have initially taken shape. The transfer and connection of social insurance is smoother. In 2016, the national basic medical insurance relationship was transferred and connected across the overall planning areas by 1.9 million person-times, an increase of 1 million person-times over 2012. At present, more than 90% cities have been connected to the national remote medical treatment settlement system platform, and some people have enjoyed the convenience brought by direct settlement. The circulation of social security cards has exceeded 1 billion, and the average opening rate of 102 social security card application catalogues in China has exceeded 80%. The "12333" telephone consultation service has achieved the coverage of cities and cities, and the people have enjoyed more convenient, fast and efficient services.