Recently, Hou Junming, Director General of the Asset Management Department of the Ministry of Finance, introduced at a press conference held by the State Council Information Office that as of the end of 2023, the cumulative surplus of the basic pension insurance fund for enterprise employees nationwide has reached nearly 6 trillion yuan, and the timely and full payment of pension funds is guaranteed. It is reported that in recent years, in order to ensure the timely and full payment of pension funds, financial departments at all levels have actively played a functional role, continuously increased financial subsidies, implemented national pooling of pension insurance, strengthened the management of pension insurance funds, and effectively improved the income and expenditure situation of China's pension insurance funds. In 2023, the central government will allocate approximately 1 trillion yuan in subsidies for basic pension insurance, with a focus on the central and western regions and old industrial bases that face difficulties in fund income and expenditure; The scale of national coordinated adjustment funds has reached 271.6 billion yuan, effectively solving the problem of uneven distribution of elderly care burden and fund surplus among regions. (Lai Xin She)