Research On Accelerating The Improvement Of China's Rural Old-age Security System

Pension protection is the greatest challenge in the process of aging of the population. With the change of the age structure and the transfer of the rural labor force, the rural population has been aging faster than the urban. But the rural old-age form is still in a transition stage, the traditional family endowment functions increasingly weaken, the social security system has not yet formed, so how to handle the rural elderly pension risk gradually becomes a long-term and urgent problem.On the current status and the issues of the rural pension, not only from a long-term perspective need to consider the eventual establishment of the only old-age security system of the urban and the rural, but also need to solve the urgent needs of rural endowment as soon as possible. China's current rural social endowment insurance has many problems. Some are the system design flaws, and some exist in the process of the implementation, such as system security, the low level of small coverage area, a total of poor economic, poor institutional sustainability, low management level, and the rural social endowment insurance lack of legal support, and so on. According to China's basic national conditions, in a very long time the rural social endowment insurance system can not be implemented in nationally unified model. It should be established at the eastern, central and western region and the pure farmers of directly engaged in agricultural production, rural workers, migrant workers as the level of the rural social endowment insurance model, in order to establish rural social endowment insurance system. In the future agriculture will eventually realize the industrialization, and China's rural social endowment insurance ultimate goal is to gradually eliminate the urban-rural dual structure, and establish the social integration of old-age insurance system with urban and rural integration and rich in Chinese characteristics. That is the three-pillar system: the basic old-age insurance shared by all the people, farmers' annuity system of contract farming operation, flexible personal savings plan. However, as the present reality is concerned, because of China's vast territory and the complex country, home care, rural minimum living guarantee, commercial insurance and personal savings, and collective pension etc need to play their important roles.