The Research On The Transformation Cost Of China Pension Security System

With the foundation of china market economic system, and the earlier coming of the old-aged society, the past pension security system hasn' t already been able to meet with the demand of the social development. From the beginning of 1980s, Chinese government started to make a series of reforms on the old system, and decided to transform the pension paying-receiving system into the system of the combination of social statistics and individual account, and the system has the characteristics of partial accumulation. In the old-new-system transformation progress, there are problems of giant transformation cost. The problem of solving the transformation cost successfully will regard to the problem of the successful transformation of the old-new system. The paying-receiving problem of the transformation cost is the main antinomy of the present social security system reforms.The concept of the transformation cost is that when the old system fell into ceasing, the government should keep the pension-insurance benefits of the retired and the unretired employees. According to the expert' s calculation, the size of the transformation is 3000 billions or so RMBs. The transformation cost is an important and pressing mission that is in front of us. Based on all kinds of analysis, the present time is the best time of solving the problem.In order to solving the transformation cost problem, the government make a great deal of research and efforts, all of the above these do a great deal of good to the' perfection of the pension insurance system, but there are also a lot of problems. The writer thinks that to solve the transfo-Rmation cost problem perfectly, it must take the below steps: one is increasing the fiscal transformation payment, the second is transforming the partial state-owned assets into cash, the third is the capital oper-Ation of pension fund, the fourth is setting up multi-level pension secu-Rity system.The essay includes four parts: the first chapter is stating the concept of the transformation cost; the second one is telling us how to treat the problem of the transformation cost correctly, and pointing out the impor-Tance, pressing and possibility of the problem, and some principles that should be taken; the third one is analyzing and evaluating the steps that were taken to solving the transformation cost by the government; the fourth, one is that by summarization, the author put forword some measures to resolve the transformation cost.