Comments On Social Securities Theories And China's Fund Collection System Of Social Securities

For reason of concerning people's basic life, social securities can be traced back to the origin ofcivilization. There are all kinds of social securities theories. First of all, the paper gives a simpleintroduction about some important social securities theories. Then the paper defines the basicimplication and the enlargement implication of social securities in a bid to unify all kinds of socialsecurities. Secondly, social securities system has become one important social economic system ofmodern society. China is the most populous country in the world and undergoing the economictransition so that it is urgent for China to establish the sound social securities system. Fund collectionsystem is the brace of social securities system and plays an important role in determining the course ofthe reform of social securities system. There are three fund collection systems: pay as you go,completely funding and partly funding. China's social securities system has undergone three stagesand has changed from pay as you go to partly funding. But at present, the reform has gotten intotrouble so as to incur extensive disputes about what is the optimum fund collection system for China.At last, the paper demonstrates that partly funding is the optimum fund collection system based on theanalysis of one peculiar model.