Legal Research On The Rural Social Old-age Insurance In The Frame Of Public Finance

At present, the problem of rural old-age situation tends to be severe. One is the traditional family old-age pension and land protection function are gradually weakened because of the pace of industrialization, accelerated urbanization and the changing socio-economic structure; the other is China has entered the aging society, nowadays, more than 60% of older population is concentrated in rural areas, but rural areas are lack of funding system to protect the elderly. This will directly affect the vital interests of farmers and the whole social harmony and stability. Therefore, in order to relieve the worries of farmers, letting the farmers share the fruits of reform and development and promote rural family harmony and social harmony, it is very necessary and urgent to promote the social old-age insurance in rural areas. In this regard, the central first document in 2009 proposed the task of "Paying close attention to the views of developing guidance, establishing the individual contribution, collective benefits and government subsidies of new rural social insurance system."China's rural social old-age insurance is an important part of social security system, but also a weak link of the Social Security system. Since of the reforming and opening, China's in rapid economic growth, fiscal revenue is growing continually, already has the support of rural endowment insurance financial strength. Meanwhile, the institutional framework of public finance has been basically established, and rural social pension insurance is one of the basic functions of the redistribution of public finances. Redistribution of public finances should provide the necessary material basis for policy support and institutional protection in the process of rural social endowment insurance. However, the financial "Absent" has been a very serious problem in the rural social security system for a long time. Insufficient capital investment of social security for farmers, lackness of government responsibility, the incompleteness of social security fund management system, poor supervision, coupled with farmer's social pension insurance system not yet fully established and the lack of legal and institutional guarantees, resulting in farmers aged trouble. We should Sum up both in research and theoretical and experimental basis of the experience and learning from foreign successful experience in public financial support to fully exploit the potential of agricultural insurance, to explore the new ideas of agricultural insurance in China for the reforming and development and to continuously improve our legal system of rural social endowment insurance system.