The Government's Policies Choice When Getting Involved Into Our Country's Basic Pension System During Transformation Term

It is the signs and achievements of human civilization and social progress that the pension system is founded and Since the first legal of pension with modern significance has emerged in Germany in 1980s, this system with characteristics of wide cover and long ensure has provided reliable source of revenue and material to support more and more old people. Pension system also has developed day by day, the degree of ensure rise greatly, and the range of ensure is wider. So this system has exerted the important function of "steady device" and "shock absorber" for economic and social development, However, since 1970s, this traditional kind of ensure way of" from cradle to grave" has given the developed more and more pressure. Financial deficit is emerged in many countries and the pace of economic development slows down. Therefore, it is necessary to reform the existing methods of raising and paying the pension money and to explore one suitable way of innovation of pension system for economic and social sustainable development. The countries such as Chile Sweden have established the new-type pension system with combining the national conditions. From the experience of foreign countries, we can find out that the reform of the old-age pension system, on one hand is shown as the adjustment of the relevant policies, but on the other hand is shown as the adjustment of government's responsibility. This has offered the new thinking for the reform of basic old-age pension system in china: if we want to reform basic old-age pension system of our country, we must define responsibility border of government correctly and make the scientific policy choice. According to the reform practice these years, relevant problems have not got very good settlement yet, a fundamental reason is lying here, or the responsibility border of the government has not been distinct completely yet. At first, in some fields the government charges too much. In foreign countries, the old-age pension system emphasizes the rational division of work between government, employer and individual, emphasizing the combination of government's function and market mechanism of the government. But in our country, the best combination of the government and market doesn't form , take management of the pension fund as an example, up till now, the fund has totally relied on the public department to manage, been failing to establish organic connection between pension fund and capital market all the time. Meanwhile, some responsibility that should be undertaken by the government fails to well undertake. The top performing one is that the government avoids burdening the transition cost of the basic old-age insurance system reform. The most important reform goal is the transformation from PAYG system to partially funded system. If we want to realize this goal smoothly, the government must bear the transition cost; which has become the social common understanding. But these years, the government has been avoiding bearing relevant responsibility directly all the time, attempt through expanding surface, enhancing fees to digest the transition cost. The result is that the transition is unable to realize smoothly, and the issues become more and more outstanding. So, regard government as the visual angle and define government's responsibility in the basic old-age pension system, propose the policy recommendations undoubtedly have a stronger theory and realistic meaning.