A Study On The Impact Of Social Endowment Insurance For Urbane Residents' Savings

Social endowment insurance system impacts stability and harmonious development of economic. In October 15th to 18th at Beijing at the fifth plenary session should continue to expand domestic demand and economic development strategy, making ensured and improved livelihood as a fundamental. Social endowment insurance system is perfect or not a large extent affects people's savings, and in relation to the domestic consumer demand situation. Study on social endowment insurance system and the savings can offer a theoretical basis for an improvement in people's livelihood.With china on social endowment insurance system to deepen reform, the government has built up a" personal, enterprises and government "of the three parties shared with the bill, which accumulated effective and adequate funds and laid the foundation of expediting the process of industrialization. However, the problem which is a lack of restraining china's economic development bottlenecks has shown in our international financial crisis underline the domestic demand,. The residents of the high savings rate will greatly reduce the domestic consumer demand. In recent years, residents in a pension for the purpose of the motion is obviously increased. According to the pension saving, in 1987 the motivation for the savings in the proportion is 8.9%, and in 1990s the ratio increased to 12.7%, in terms of savings for the third. How to ease the worries with the social endowment insurance system and less resident's savings become important issues of social development.At theory research, the social endowment insurance system can reduce the tendency to resident's savings. However, there are many arguments on the scholar's studies of social endowment insurance system and the savings. Of the research in summary, different mode of social endowment insurance system for the savings have a different effect. Therefore, the paper combines actual situations with Chinese conditions and against specific detailed analysis, reviews on social endowment insurance system of history, study the affect of residents'savings, uses the statistical data into the social endowment insurance system to the residents of the savings, suggests that we should be dominated by PAYG and to fully funded vocational as encouraging system . We should strengthen the government's commitment and change the future expected to increase the consumption. In the same time, we should match the policy by resolving the costs of reform, enhancing the fair of redistribution and improving legal system.This article includes six parts:The first chapter is introduction. This chapter introduced the background, writing meanings, both domestic and international significance, and proposed research and writing of this research method.The second chapter reviews the process of china since the founding of the social security system, analysis indicators of Chinese town residents savings, decrypts the condition of high savings. Through study the limitations of the residents savings for the elderly live, set the social endowment insurance system for urban residents of considerable savings.The third chapter is on social endowment insurance system for the savings of the analysis. This chapter analyses the effects of various alternative from the various social endowment insurance for the savings. In consequence of the basic model, considering the influence of the rate of participants, the study increase a factors of employment. And this paper study each system of PAYG, fully funded and partially funded system.The fourth chapter analyses social endowment insurance system for the savings on the practice, which includes personal prevention risks, system risks, fund value-added risks and the government credit risks, etc. These risks are all affected residents savings decisions of the social endowment insurance. There are only effective prevention and solution to reduce the risks of savings motives. The fifth chapter accounts some suggestions based on the savings on social endowment insurance system. The author think that through clearing responsibility of the reform cost, equitable redistribution of income, strengthening the government promises and in line with the fine tradition to enhance residents on social endowment insurance confidence. In this way, we will solid social endowment insurance retirement savings, erode the role of the motives and promote economic and social development healthy.The sixth chapter concludes and review the whole paper, establishing the direction of future research.