关键词: 基本养老保险基金,收不抵支,覆盖面,财政补贴

Abstract: The reason why the number of provinces, which had excessive expenditures and less income in their basic endowment insurance fund during the period of 2002-2011, is continuously dropping is mainly that the institutional coverage has been constantly expanding during the institutional implementation process. Viewing from the ultimate goals of social equity, the operation mechanism of social security and the institutional construction, to expand the coverage has a positive meaning. However, the various kinds of inappropriate measures adopted in practice in pursuit of expanding coverage have aggravated the risks of future institutional imbalances and financial pressures. At present, the measure that can be taken is to reform the basic endowment insurance system, only by establishing separated social-individual accounts first, can the multi-pillar endowment insurance system be really created.

Key words: basic endowment insurance fund; excess of expenditure over income; coverage; financial subsidies