In 2013, China has made comprehensive progress in developing the social security system. The old-age pension and medical insurance system for both urban and rural residents were gradually established. The level of social insurance and potential benefits are dramatically enhanced, and all kinds of social insurance fund are also keep in balance. However, the rate of increase over expenditure still exceeds the rate of revenue. Government has launched the top-level policy design in terms of old-age insurance system. Issues related to the potential deficit of old-age pension fund, the postpone of retirement age, reform of the old-age insurance in government and others organizations have been intensively debated. <<