Research On Supply And Demand Of The New Rural Social Endowment Insurance

The social security is related to the beneficial to the people’s livelihood and social harmony. Rural social security system is an important part of the social security system. The rural social security system in China has lagged behind social economic development, especially in the rural social endowment insurance system. In recent years, our country rural elderly population continues to increase. Rural population aging is becoming more and more serious. With the industrialization and urbanization process accelerated, and the original mode of production and way of life have changed, our country rural traditional family old-age security function is gradually weakening. The traditional old-age security has been unable to meet the need of the rural elderly. The farmers’demand of social endowment insurance is very urgent. In order to actively cope with the aging of the rural population and solve rural residents’ old-age security problems, the government attaches importance to the rural social endowment insurance. In2009, the State Council issued the policy of guiding opinions on the development of China’s rural social endowment insurance, put forward to establish the new rural social endowment insurance system. The fund is provided by individual contribution, collective allowance and government subsidies. From2009, the government selects10%counties to implement the new rural social endowment insurance.The policy of the new rural social endowment insurance is implemented, marking China’s rural old-age security cause has developed into a new period. But the new rural social endowment insurance system is still in the initial stage of development, the new rural social endowment insurance system still has many deficiencies. For example, the new rural social endowment insurance is lower coverage, lower security level and other problems to be solved. In the current rural population aging situation is becoming increasingly serious background. According to the policy of the new rural social endowment insurance, we studied on the supply and demand of the new rural social endowment insurance, and explored the gap between supply and demand of the new rural social endowment insurance. It is important significance to improve the new rural social endowment insurance system and promote the healthy and sustainable development of the new rural social endowment insurance.In the rural population aging background, this paper, as an opportunity of the implementation of the new rural social endowment insurance, based on analysis of farmers’demand for the new rural social endowment insurance, further analysis of the insufficient supply of the new rural social endowment insurance, explore the gap between the supply and demand of the new agricultural insurance. we proposed several recommendations to improve the new rural social endowment insurance system.This paper was divided into8chapters, which main contents and research conclusions were as follows:Chapter1was the introduction, which mainly included background, significance, methods, frame, main contents, theoretical reviews, innovation and lack of this paper. Based on the relevant historical documents and research findings of the rural social endowment insurance, it had rarely seen the research of the combination of the new rural social endowment insurance.Chapter2defined the concept of the new rural social endowment insurance and indicated relevant theoretical basis. Firstly, this chapter defined the relative concept; secondly, the public product theory, institutional change theory, life cycle theory, the theory of welfare economics and public finance theory and other related theories were reviewed.Chapter3reviewed the development course of the rural social endowment insurance system. According to the theory of institutional change, we divided China’s rural social endowment insurance system development into three stages. The first stage is the old rural social endowment insurance system; the second stage is the local rural social endowment insurance system innovation; the third stage is the new the new rural social endowment insurance system establishment and implement. This chapter focused on the description of the main content of the new rural social endowment insurance system, evaluation and analysis of the new rural social endowment insurance system.Chapter4summarized and learnt from the development experience of foreign rural social endowment insurance. This chapter investigated the pattern of rural social endowment insurance system, and analyzed the rural social endowment insurance system of Germany, Japan and Brazil and other countries. The enlightenment of foreign rural social endowment insurance system:firstly, playing the leading role of the government in the new rural social endowment insurance system. Secondly, strengthening the legal construction of the new rural social endowment insurance; thirdly, establishing a multi-level rural social endowment insurance system; finally, connecting urban and rural social endowment insurance system.Chapter5analyzed the farmers’ demand for the new rural social endowment insurance. This chapter used ordinal utility theory to analyze the farmers’ choice. In order to achieve the farmers’utility maximization, the farmers’made a choice from the family endowment and the new rural social endowment insurance, under the existing resource, system and information condition. Taking Jianli County of Hubei Province for example, we investigated farmers’demand for the new rural social endowment insurance. Using Binary Logistic regression model to process the investigated data, test the factors that influence farmers to participate in the new rural social endowment insurance. We found that farmers’age, farming years, the number of family, per capita net income of farmers, education, the pension income of the new rural social endowment insurance and other factors had significant influence on farmers.Chapter6analyzed the supply of the new rural social endowment insurance. According to cost-benefit method of the public product, analyzed the costs and benefits of the new rural social endowment insurance. In the allocation of resources, the government provides new rural social endowment insurance. When the marginal cost equals marginal benefit of supply behavior, the economic and social benefits reach maximum of the new rural social endowment insurance. According to the implementation of the new rural social endowment insurance, analyzed the supply capacity of the new rural social endowment insurance. We found that the new rural social endowment insurance was insufficient supply. At present, the new rural social endowment insurance system has many deficiencies. For example, lack of stability, lower level of legislation, local system difference, lower coverage, lower security level, lack of job network, weak agency services. It is difficult to meet the needs of the rural elderly people, because the new rural social endowment insurance is lower security level. The social and economic benefits of the new rural social endowment insurance have not yet reached the maximum.Chapter7analyzed the long-term supply and demand of the new rural social endowment insurance. Based on the pay-as-you-go model, through calculating the future rural population structure and rural per capita net income, calculated the future account deficit of the new rural social endowment insurance and found out the gap between supply and demand of the new rural social endowment insurance. In view of the account deficit of the new rural social endowment insurance, this paper argued that the government should increase financial subsidies, to solve the gap between supply and demand of the new rural social endowment insurance. According to pension substitution rate20%of the urban workers’ pension insurance, the government should increase financial subsidies based on20%of the annual per capita net income of farmers. Through calculating the future national revenue, we found that the government can provide more financial support to develop the new rural social endowment insurance system.Chapter8proposed several recommendations to solve the problem of supply and demand of the new rural social endowment insurance on the basis of the above analysis conclusion. The main proposals of this paper as follows:improving the design of the new rural social endowment insurance system; accelerating legislation of the new rural social endowment insurance; increasing financial subsidies for the new rural social endowment insurance; developing rural economics to increase farmers’ income; expanding propaganda of the new rural social endowment insurance to enhance farmers’ insurance confidence.