On The Optimization Path Of Transferring Partial State-owned Capital To Pension Funds

The aging of population has become a stage that must go through and an inevitable trend in the development of society.In the future,China will enter a deeply aging country and the crisis of the gap in the basic pension insurance fund,including the urban employee pension insurance and urban and rural residents' pension insurance will gradually be highlighted and will form a huge gap at the peak of aging.In this context,the transfer of partial state-owned capital to enrich the pension insurance fund has become a realistic and feasible way to make up for the gap of the pension fund,and it is also conducive to the development of the second and third levels of pension insurance.At the same time,the transfer is also conducive to the governance structure of state-owned enterprises Optimization.On the background of the policy of "Indiscremental Two Children" and the policy of delayed retirement,the paper utilizes the theory of population transition,the theory of Labor Value,Public Goods,Public Finance,System Dynamics,Game to analyze.On the basis of the concept of "Coordinating Development " and "Sharing Development",a Chinese Model for enriching pension insurance funds has been constructed.Through empirical research on the status quo of enriching old-age insurance funds by transferring state-owned capital,the paper uses system dynamics method to construct China's population forecasting model and forecast the future contributors and recipients of pension insurance in our country.Then,the paper predicts the gaps between old-age insurance revenue and expenditure for the future aging population in China,calculates the transfer of state-owned capital to enrich the optimal proportion of pension funds through simulation analysis,and explores the transfer of programs,paths and measures.The main content of this paper is divided into nine chapters.The first chapter is the introduction,which mainly introduces the research background,significance,goals,methods and content framework.The second chapter is the theoretical basis and literature review,constructing a Chinese model for enriching pension insurance funds,mainly combing through the research results of scholars at home and abroad,which provides the theoretical basis for the future research in the optimized and breakthrough areas.The third chapter aims to analyze problems in transferring some state-owned capital to enrich the pension insurance status,mainly from the transfer of the scope of scale and proportion,the path of transfer,etc..So that we can study the current situation and problems that affect the transfer of some state-owned capital into the pension fund.The fourth chapter uses the demand-side analysis of the transfer of partial state-owned capital into the pension fund,mainly the imbalance and inadequacy of the pension fund development,to analyze the needs of the pension fund.The fifth chapter analyzes the supply-side of partial state-owned capital enrichment pension funds,mainly from the state-owned enterprises in the country,the state-owned enterprises directly under the central government,and the state-owned capital development of local state-owned enterprises to analyze the economic basis of state-owned capital transfer.The sixth chapter utilizes the national state-owned capital enrichment pension scheme simulation,mainly using system dynamics theory,to build a population prediction model to predict China's future population size,structure,and pension insurance premiums and receiving population.With the model,we can measure the pension fund gap of our future country,set up simulation experiments,simulate the development trend of the pension fund gap under different total fertility rate of state-owned capital transfer ratio,choose the optimal transfer ratio,and determine the transfer interval.The seventh Chapter uses Shandong Province as an example and simulates the transfer ratio of Shandong Province through the use of system dynamics model.The eighth chapter explains the transfer of state-owned capital to enrich the endowment insurance fund path design.Mainly uses the supplementary transfer index from transfer of the program that sub-type,sub-space,sub-time and the National Social Security Fund to different regions,the chapter comes up with the transfer of the scientific program plan and implementation path.The ninth chapter through the transfer of technical level,Legal level,market level social level and talent level,the chapter discusses the feasibility of given policy measures.The tenth chapter are main conclusions and prospects.The main research results of this paper include: the construction of an analysis framework of "supply side" and "demand side" for transferring part of state-owned capital to enrich the pension fund;the establishment of "China's population forecast" and "pension insurance Fund gap forecast " model using the theory of system dynamics to;the calculation result of the proportion of state-owned capital transfer across the country the proportion,which is 8%-14%,and conducted simulation on the result.The research also puts forward the scheme of sub-type,sub-stage,sub-space and the National Social Security Fund to transfer the supplementary transfer index of different regions.The paper proposes to fully and simultaneously apply full autonomy and postponement of retirement at the population level.At the technical level,establish a unified information platform for transferring cloud computing and big data state-owned assets.At the legal level,establish and improve the legislation and risk prevention system for the transfer of state-owned capital.At the market level,promote the operation and management of state-owned capital and pension insurance funds and the value of preservation and appreciation.At the social level,improve the monitoring system for the transfer of state-owned capital.What's innovative about this research lies in the following three aspects: The Chinese model for enriching old-age insurance funds was constructed.It will be transferred as institutional innovation with Chinese characteristics.With the concept of ?coordinating? and ?sharing? development,the theoretical basis of this Chinese model was constructed,and the concrete connotation of this Chinese model was explained.And the characteristics,and from the four aspects of social consensus,funding sources,organizational forms,and operating mechanisms,discussed the main contents of the Chinese model to enrich pension funds.The existing population-based data in China's future pension insurance gap does not take into account both the "full two-child" policy and the delayed retirement policy.The new policy provides more credible basic data of the population.The transfer ratio of this paper is based on the analysis of the state-owned capital of all state-owned enterprises in our country,the "population forecast" model and the "pension fund gap forecast" Proportional interval.The result is more in line with China's national conditions.The ratio of transfer proposed in this paper has been simulated and analyzed.Therefore,the proposed transfer ratio,path,and policy measures are more credible and persuasive.In a certain sense,it can effectively guide the practice of transfer.