关键词: This article constructs an actuarial model to calculate the impact of the end of the transition period and the policy of gradually delaying retirement age on fiscal responsibility The study found that: （1） Assuming that the transition period has not ended, and during the transition period, people still receive pension payments according to the new and old methods, the cumulative fiscal responsibility of government and public institutions pension insurance from 2025 to 2050 is 10624 trillion yuan, （2） When the transition period ends, the new method of calculating and issuing pension benefits will be implemented When the full payment of occupational pension contributions from retired units is made up or the occupational pension contributions from all insured units are verified, the cumulative financial responsibility will be 6497~7432 trillion yuan Compared with the situation before the end of the transition period, the cumulative financial responsibility will decrease by 3005%~3885%, （3） Further implement the gradual policy of delaying retirement age If the first plan of delaying retirement age is implemented, which means that men and women retire at the ages of 63 and 58 respectively, the cumulative fiscal responsibility will be 4960～5998 trillion yuan Compared with the previous situation, the cumulative fiscal responsibility will decrease by 1929%～2366% If the second plan of delaying retirement age is implemented, which means that men and women retire at the ages of 66 and 61 respectively, the cumulative fiscal responsibility will be 4362～5439 trillion yuan, and the cumulative fiscal responsibility will decrease by 2681%～3286% Overall, the end of the transition period will significantly reduce fiscal responsibility, and further implementing a gradual policy of delaying retirement age can significantly alleviate the governments burden

Abstract: On September 13，2024，the Decision of the Standing Committee of the National Peoples Congress on Implementing the Gradual Delay of the Statutory Retirement Age was released The policy of gradual delay of the statutory retirement age will be implemented from January 1，2025，which coincides with the end of the tenyear transition period of pension insurance for government agencies and institutions At that time，the basic pension insurance system combining social pooling with personal accounts will be implemented in a unified manner
This article constructs an actuarial model to calculate the impact of the end of the transition period and the policy of gradually delaying retirement age on fiscal responsibility The study found that: （1） Assuming that the transition period has not ended，and during the transition period，people still receive pension payments according to the new and old methods，the cumulative fiscal responsibility of government and public institutions pension insurance from 2025 to 2050 is 10624 trillion yuan；（2） When the transition period ends，the new method of calculating and issuing pension benefits will be implemented When the full payment of occupational pension contributions from retired units is made up or the occupational pension contributions from all insured units are verified，the cumulative financial responsibility will be 6497~7432 trillion yuan Compared with the situation before the end of the transition period，the cumulative financial responsibility will decrease by 3005%~3885%；（3） Further implement the gradual policy of delaying retirement age If the first plan of delaying retirement age is implemented，which means that men and women retire at the ages of 63 and 58 respectively，the cumulative fiscal responsibility will be 4960～5998 trillion yuan Compared with the previous situation，the cumulative fiscal responsibility will decrease by 1929%～2366% If the second plan of delaying retirement age is implemented，which means that men and women retire at the ages of 66 and 61 respectively，the cumulative fiscal responsibility will be 4362～5439 trillion yuan，and the cumulative fiscal responsibility will decrease by 2681%～3286% Overall，the end of the transition period will significantly reduce fiscal responsibility，and further implementing a gradual policy of delaying retirement age can significantly alleviate the governments burden

Key words: 渐进式延迟退休年龄, 养老金并轨, 机关事业单位, 财政责任