In 2021，the number of basic old-age insurance participants in China continued to increase，the current fund income increased significantly，and the accumulated fund balance scale continued to decline. The level of pensions for urban employees and urban and rural residents continued to rise. In 2022，temporary relief and deferment measures were continued，the pressure on enterprises and individuals was eased，the basic old-age insurance for enterprise employees was launched as a whole，a series of regulations for the individual pension system were issued，and the restrictions on flexible workers to participate in household registration were released. For next steps，according to the requirements of improving the multi-tier and multi-pillar pension system，we should steadily promote the national coordination of basic old-age insurance，introduce supporting policies as soon as possible to promote the sound and regulated development of the third pillar，strengthen the top-level design to promote flexible workers to participate in old-age insurance for employees，and promote the construction of a fairer，coordinated and sustainable old-age insurance system.