The Study Of Intergenerational Unfairness In Japan's Public Pension System And Inspiration

Japan's public pension system has been reformed for nearly 50 years,it playes a crucial role in promoting the development of economic and safeguarding the stability of social.However,its financial means of Pay-as-you-go system is difficult to deal with the huge impact brought about by the rapid development of low birth rate and aging population. with the reducement of the number of premiums paid and the increasing of pensioners, younger generation bear an more and more onerous burden.The intergenerational equity issues of Japan's public pension system are highlighted.This article summaries the years of insurance premium payment situation and the annuity receives of Japan's public pension system,and calculates the rate of annuity receives and insurance premium payment of persons of borth in different ages in all his life.The huge difference between prestation and burden percentage showes the unfair of intergenerational of Japan's public pension system.Investigates its reason, this article thought that the financial means of Pay-as-you-go system, the rapid development of population aging, the poor management of annuity system and the ill annuity policy cause the unfair of intergenerational of Japan's public pension system become worse.Our country implements the basic old-age insurance system of series account union, but its subject is Pay-as-you-go System,still.and our country faced with more serious aging of populations development. Our country's basic old-age insurance system face the same question of generation of border pays and the burden disparity expands. Therefore,it has an important meaning to absorbs the lessones of Japanese public annuity system reform to promote our country's basic old-age insurance system. We can take measures to promoting the intergenerational equity of our country's basic old-age insurance system,such as to improve the personal account,changing the system mode,to expand coverage,to cut the premium rate moderately and to postpon the pension payment age and so on.