Core Viewpoint - The nationwide coordination of basic pension insurance officially implemented on January 1, 2022, is a significant reform aimed at balancing regional burdens, enhancing fund resilience, and promoting standardized public services across the country [1]. Group 1: Importance of Nationwide Coordination - Nationwide coordination of pension insurance helps to balance the pension burden among provinces and alleviate structural contradictions [1]. - It enhances the risk resistance capability of pension funds and boosts the confidence of participants [1]. - The reform aims for a unified and standardized pension insurance system across the country, aligning with international practices where most countries with robust pension systems implement nationwide coordination [1]. Group 2: Foundations for Effective Implementation - Three foundational aspects are necessary for the effective implementation of nationwide pension coordination [2]. Group 2.1: Unified Pension Policies - There is a need to unify pension contribution and benefit policies across provinces, including contribution bases, rates, and benefit items, to ensure a cohesive national strategy and prevent systemic leakage [3]. Group 2.2: Central and Local Responsibility Mechanism - The central government must maintain stable and continuous financial support while gradually enhancing local government responsibilities through incentives and constraints to ensure timely and full pension payments [4]. Group 2.3: Capacity Building - Improving the levels of fund collection, management, service, and information systems is essential to provide better operational support for nationwide pension coordination [5].