Balance of basic pension insurance funds in China 2011-2021

Published by C. Textor, Dec 15, 2022
In 2021, the basic pension insurance funds in China recorded a cumulative balance surplus of around 6.4 trillion yuan. The basic pension insurance program is a compulsory insurance program operated by the government in China. People who participate in the basic pension insurance program in China are divided in two groups: urban employees and other residents in urban and rural areas. The insurance funds for urban employees are much higher than that for the other group.

Balance of basic pension insurance funds in China between 2011 and 2021 (in billion yuan)

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Release date

October 2022

Region

China

Survey time period

2011 to 2021

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of December 2022).

The values have been rounded to provide a better understanding of the statistic.

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