Research Article
Financial Imbalance Risk and Its Control Strategy of China’s Pension Insurance Contribution Rate Reduction
Table 5
Financial balance of the UEBPI fund in optimization scenario 3.
| | Scenario | Percentage of external finance | Years of the current deficit | Years of the accumulated deficit | Accumulated deficit in 2060 (billion RMB) | Actuarial balance rate (%) |
| | Baseline scenario | 0 | 2020–2060 | 2024–2060 | 629455.86 | 43.34 | | Optimization scenario 3 | 23.5% | 2023–2060 | 2030–2060 | 365175.33 | 31.14 |
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