Because of path selection of initial system design, China’s overall plan level of endowment insurance is relatively low, the low level overall plan triggers a series of social problems, and it is the necessary requirement for China to raise overall plan level of endowment insurance to national level. Although there is resistance for China to raise overall plan level of endowment insurance in system and finance, the financial ability of China permits to realize nationally overall plan. China should clarify the reform objective for realizing overall national plan of endowment insurance, make a clear distinction between responsibility categories of the agencies for endowment insurance, reform funds allocation method of overall accounts and initiate the activity for participating in the reform in developed areas.