(Excerpts from “Weaving a Strong Social Security Net” by CPC Leadership Group of the Ministry of Human Resources and Social Security, Qiushi Journal, No. 03, 2022)

充实社会保障基金，确保各项待遇按时足额发放

We will keep social security funds replenished and ensure all benefits are paid on time and in full

协同加强基金征缴管理，建立激励机制，强化社会保险稽核，确保基金应收尽收。

We will strengthen management over the premium collection process through coordinated steps. We will establish incentive mechanisms and strengthen social security audits to ensure collection of all contributions.

加大公共财政社会保障支出，明确各级政府社会保障责任，积极调整财政支出结构，稳步提高财政用于社会保障资金占比。

Public finance spending on social security will be increased, the social security responsibilities of each level of government will be well defined, and the composition of government spending will be adjusted to steadily increase the share of funding going to social security.

继续扩大基本养老保险基金委托投资规模，推进城乡居民基本养老保险基金委托投资，提升基金“自我造血”能力，确保基金保值增值。

Continuing to expand the scale of entrusted investment for basic old-age insurance funds, we will promote the entrusted investment of funds from the basic pension scheme for rural and non-working urban residents, in order to strengthen the capital-generating capacity of these funds and ensure their value increases.

继续划转国有资本，充实全国社会保障基金战略储备。

We will continue to allocate state capital to replenish strategic reserves of social security funds.

在经济发展基础上稳步提高各类社会保障待遇水平，健全基本养老金待遇调整机制，使广大退休人员和老年居民分享社会经济发展成果。

Social security benefits will steadily increase in line with economic development, and the system for adjusting the basic pension will be improved to ensure retirees and elderly residents share in the fruits of reform and development.

强化各地确保发放基本养老金主体责任，严格收支管理，规范基金征缴，多措并举筹措资金，确保基本养老金按时足额发放。

To ensure that pension benefits are received on time and in full, we will reinforce the primary responsibility of local governments for making payments, tighten management over revenue and expenditures, regulate the collection of premiums, and take coordinated steps in fundraising.

逐步提高城乡居民基本养老保险待遇，积极引导参保人员选择更高档次缴费，增加个人账户积累，增强制度吸引力。

We will steadily increase pension benefits for rural and non-working urban residents, and encourage people to contribute at higher rates in order to increase the balance of their personal accounts and make schemes more attractive.

落实工伤保险待遇调整和确定机制，做好工伤保险长期待遇的定期调整工作。

We will implement the mechanism for setting and adjusting workers’ compensation benefits to ensure adjustments are made at regular intervals.

来源：《求是》英文版

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