The Research On The Replacement Rate Of Basic Endowment Insurance

The replacement rate of basic endowment insurance is an important index . Not only does it reflects the safeguard level that the basic endowment insurance offers the retired employees , but also effects the operation of the basic endowment insurance fund. The author fist reviews the transformation of the replacement rate since the New China had built. Then, applying actuary method, this paper builds the replacement rate model under each insurance mode. According to this, the realization of the given replacement rate of the basic endowment insurance is questioned. With the first-hand data got from social investigation .applying statistical method ,this paper discusses the rationality of the given replacement rate. Through those discussions , the author gets the result that given replacement rate is too high .Then the author discusses the necessary that the given replacement rate should be reduced, in addition to it , the author presents the method on how to reduce the given replacement rate, and what we should be attended while reducing the given replacement.