Study On The Payment Coefficient Of Personal Accounts Pension

After sweeped the developed countries,the aging of the population "Silver Wave" rapidly sweep developing countries. Because of its socio-economic development and the elderly issues of life, old-age security in the entire social security plays an increasing important position .The important function of establishment of the pension system is supplying financial security for the elderly in their old age through state and society .The individual pension account balance and the payment standard of older persons play a key role. The National Development on the 26th〔1997〕document issued on the approach of the basic pension have many problems. In 2005 the State Council issued the "State Council on enterprises to improve the basic old-age insurance system for the decision" The new pension scheme introduced to solve the original problems that marked the old-age insurance benefits of personal accounts has entered a new phase. The new scheme regulate that personal pension accounts for individual accounts on the standard divided by the total amount of fat stored on the number of fat on the number of workers when they retire in accordance with the average life expectancy of the urban population and retirement age and other factors. But the new approach to the provisions of the standard benefit factor is not clearly defined. It has attracted the attention of many scholars , therefore I chose to set a reasonable coefficient of practical significance.In this paper, the individual pension account system and the coefficient of payments problems is described in detail .The cause of the problem and conduct an in-depth analysis .At the same time, this study was to establish a personal pension account balance of the model and analysis of personal accounts coefficient of pension payments .In this basis of the factors to a reasonable estimation of the individual accounts of pension payment factor. Combination of quantitative analysis, the conclusions are given to illustrate the calculation of the personal accounts pension payments coefficient more reasonable. The corresponding countermeasures and suggestions for Chinese old-age insurance system and the smooth implementation of the protection of the elderly play a necessary role theory.The article includes five parts mainly: Chapter one: Review the individual pension accounts and current status of the development process. Discuss the evolution and improvement of methods and introduce the system of individual accounts and methods of payment of pensions and benefits coefficient conditions .This article focusing on the existing terms of the payments made under the coefficient of the situation. Analysis of the current coefficient of individual accounts pension payments problems have been made.Chapter two: Individual accounts pay a reasonable factor analysis .This chapter will be analyzed through the model of the personal pension account balance, as well as the coefficient of individual accounts to determine payment. Analysis of the impact of personal accounts pension payment factor coefficientChapter three: on the personal accounts pension payment for reasonable value of the coefficient estimates, and analysis of reasonable payment programs.Chapter four: By the above analysis gives the conclusions and propose policy recommendations.