Study On The Government's Responsibility And The Mechanism Of Financial Guarantee In Rural Social Endowment Insurance

The rural social endowment insurance system is the main part of the rural social security system, which is directly related to the vital interests of hundreds of millions of farmers, and is greatly significant in maintaining the social stability in rural areas, promoting rural economic development and urbanization, promoting urban and rural fair. Rural social endowment insurance has been explored since 1986 and has already gone through 20 years, but the coverage of the pension insurance system in rural areas is still narrow, the level of protection is still low. The fundamental reason for the slow development is the lack of government financial support. September 2009 the State Council selected some pilots in some areas of new rural social pension insurance system, the pilot, the new agricultural insurance and individual account established system of combining the basic pension model, by the central government is responsible for the provision of basic pension, while the local government also provide the appropriate fee subsidies, opening up the rural social endowment insurance system for the construction of a new chapter.The purpose of this study is demonstrating the necessity of government intervening and the responsibility that the government should undertake through theoretical analysis and foreign practice, and providing empirical evidence for the finance support the new rural social endowment insurance through estimating the effect of financial subsidies for the financial support of the new the intensity, and ultimately putting forward a sound suggestions to perfect the government responsibility and financial guarantee mechanism of new farmer's insurance for improvement, which provide a reference for the rural social endowment insurance system.This paper is arranged as following chapters:The first chapter mainly introduced the background and significance of the research, as well as the domestic and foreign research present situation and summary; The second chapter analyzed the reasons of government involve in rural social endowment insurance, the responsibility of government to undertake, the overseas practice and enlightenment, the reality of the finance supports the rural social endowment insurance which depends on; The third chapter reviewed the history of background of Chinese rural social endowment insurance, comparing the new and the old rural social endowment insurance, at the same time, introducing the implementation situation and the new questions which appeared in the pilots; The fourth chapter take Hebei Province for example, using Personal account balance pension actuarial model, measured theoretical insurance premiums a year Farmers of different ages should Pay with financial subsidies or not. comparative analysis on the effect of financial subsidies to the farmers of 18 pilot counties(city) in Hebei Province on an effective capacity, which provide the real diagnosis for the finance support the new rural social endowment insurance; The fifth chapter proposed suggestion and countermeasure to further consummate the government responsibility and the mechanism of finance safeguard in new rural social endowment insurance from aspects of fund raising, management, fund operation, legislative work and related coordinated sets of measures.