Research Article

Financial Imbalance Risk and Its Control Strategy of China’s Pension Insurance Contribution Rate Reduction

Table 2

Financial balance of the UEBPI fund in optimization scenario 1.

ScenarioCollection rate (%)Years of the current deficitYears of the accumulated deficitAccumulated deficit in 2060 (billion RMB)Actuarial balance rate (%)

Baseline scenario652020–20602024–2060629455.8643.34
Optimization scenario 1752020–20602026–2060554624.5236.49
852023–20602029–2060479372.0931.26