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

Table 4

Financial balance of the UEBPI fund in optimization scenario 2.

Scenario	Retirement age	Years of the current deficit	Years of the accumulated deficit	Accumulated deficit in 2060 (billion RMB)	Actuarial balance rate (%)
Baseline scenario	Current	2020–2060	2024–2060	629455.86	43.34
Optimization scenario 2	Scheme 1	2020–2060	2024–2060	338934.25	28.88
	Scheme 2	2020–2060	2025–2060	311009.23	28.33