A Research On Policy-designing Of The City/town Endowment Insurance In China From The View Of Social Equity And Justice

City\town endowment insurance of China is very important in our country social security system, its justice is related to vital interests of hundreds of millions city and town labor forces. With the process of reform and openness, city\town endowment insurance of China has also experienced the process, of from the country-unit security to social security. But, this change shows more muchly in enterprise. Endowment insurance of public institutions---another important component of city\town endowment insurance keeps current situation because of history cause.the essay has made the brief retrospect of the development of city\town endowment insurance, and suggested that the division of the city\town endowment insurance resulted in a series of new unfairness, such as right inequity, origination inequity, process inequity and result inequity, etc. The injustice phenomenon will initiate chain reaction and endanger social order.Whatever we consider about the behooving trend or actual develop trend of development of town endowment insurance in China, taking impartiality and justice as the logos and target will certainly be the forthcoming development trend. It's confirmable that the development of city\town endowment insurance institution will walk up to unify. It's the system compose that directed by impartiality and justice, and only this system compose can exert the society function of social security policy. The question is how we can design the system composing to incarnate impartiality and justice. In the article, my opinion is transitional cost encumbrance the incarnation of impartiality and justice. The governmental policy cause that enterprises and citizens take on the transitional cost, it brings that origination injustice during the process of attending town endowment insurance to each sides of main body. It occurs to series of sinuous social problems. The fundamental reason lie in the exist of transitional cost.For solving these problems, our country must settle the transitional cost and figure out history duty. Base on the promise, this article discusses four details in the microscopic aspect, these details are key of institutional reform of town endowment insurance in public undertakings and enterprises, including trimming or large range adjustment; adjusting downwards substitution rate or remain stationary; pay-as-you-go or funded system; centralization of management or several plan. the conclusion including four parts. The first one, current endowment insurance system should be trimming and substitution rate should be adjusted downwards; the second one, the annuity should be harmony between organ public undertakings and enterprises. Moreover, it should planed as a whole in one step nation widely; the third one, organ public undertakings' endowment insurance system should adopt pay-as-you-go institution; the last one, our country should establish 'endowment insurance law' and regulate the system.