Research On Expanding The Coverage Of Endowment Insurace Of Private Enterpes In Wenzhou

Private enterprises, the rise of new forces after reform and opening up, are in theincreasingly prominent position in economic development and turn into the foundationof our national economy as well as a critical part of the socialist market economy.Wenzhou is the major city which has the rapid development of private economy. As theprivate economy has been the most important economic form in Wenzhou, the mainchannel of Wenzhou to absorb labor force is private enterprises. Endowment insurancearrangement is an important component of the social security system. Sound corporateendowment insurance arrangement is conducive to the development of the socialistmarket economic system. Participating in endowment insurance in private enterprisescan promote the cultivation of the labor market and the rational allocation of laborresources. It is beneficial to the safeguarding the legitimate rights of laborer, thedeepening of enterprise reform, sustaining and boosting the healthy development ofprivate enterprises. However, what cause the disproportionate of the privateenterprises development level of Wenzhou are a very small endowment insurancecoverage and the low insurance rates. In private enterprises, the enthusiasm ofparticipating in the endowment insurance is not high. Arrears and evasion are seriousand it is difficult to extend the coverage of works. This paper investigates and studiesthe actual situation of coverage of private enterprises in Wenzhou and found that thereare several main aspect problems: 1. Low coverage. 2. The large coverage gap betweenall classes of life. 3. The "extended coverage" slowly progress.Depending on the reality of pension coverage of the endowment insurance in theprivate enterprises of Wenzhou, this paper is on the basis of an objective reality andcombining theory and practice to do the qualitative and quantitative analysis. First,theoretically explained the related concepts of endowment insurance and defined theendowment insurance coverage of private enterprises. Secondly, a large number ofsurveys and statistics are taken as well as the quantitative analysis of private enterprisesin Wenzhou in order to analyze the endowment insurance coverage status of the actualdevelopment. The analysis also combined with development status to exam the main existed problems. Then from the perspective of macro and micro detailed methodsanalyze the reasons of the small private endowment insurance coverage and clarify theeffect of participation in private endowment insurance companies. And make acorrelated analysis to the factors which make the private enterprise lie to thegovernment about the number of the workers. Finally, from the aspects of legal system,institutional reform, supervision and management, etc., a practical approach and policyrecommendations are put forward by combination of the practical endowmentinsurance coverage situations and existed problems in private enterprises of Wenzhou.This research has a strong value. It bases on a framework of the practical problemsthat exist in private enterprises of Wenzhou, analyzes the various factors that lead tothe small endowment insurance coverage and supports with the related measures. Ithas some reference values for policy adjustments on the real sector and thedevelopment of specific programs.