An Evaluation And Innovation Research On The Rural Endowment Insurance In Zhejiang

With the development of social economy as well as changing of rural family structure and the youth's notion of providing for the aged, the function that a family traditionally performs in supporting the aged has been declining, and thus the problem of providing for the rural aged has been a serious issue. As one of the most developed areas in China, Zhejiang is still confronted with a severe challenge of population aging in rural areas. It is necessary for other areas in China to exam and study the experience of Zhejiang's rural society endowment insurance. Zhejiang ranks first in terms of building new system of rural endowment insurance in recent years. Along with the experiment implementation of rural society endowment insurance, some parts of Zhejiang are more like testing places in the absence of integrated planning. In other words, each local government is likely to base on their preferences to rule new system of rural endowment insurance without adequate proof, and thus made the system showing"Fragmentation"trend which will increasing the government's financial burden. Under this background, we need to establish a set of comprehensive valuation system to apply an analysis of rural society endowment insurance.This paper attempts to weigh the existing rural endowment insurance in Zhejiang Province, and provide experience for other parts of China. The article is divided into three parts to achieve this goal. The first part indicates a summary of rural endowment insurance in Zhejiang. The second part focuses on designing a set of pension evaluation system to analyze the existing rural endowment insurance. The final part is to summarize both of the advantages and disadvantages of the system, and also gives some suggestions of perfection of rural endowment insurance.Via surveying the development and status of rural social endowment insurance in Zhejiang Province, Chapter 2 indicates a summary of rural endowment insurance in Zhejiang. The rural endowment insurance in Zhejiang has experienced four stages: starting, developing, regulating and improving. It has three mainly types of endowment models in Zhejiang Province. One is the former rural endowment insurance, one is the new rural endowment insurance, and the third one is endowment insurance that both cover urban and rural residents.Chapter 3 first tries to establish a set of comprehensive evaluation system. It describes that the evaluation system must meet two conditions: first, indicators are feasible; second, the evaluation system to be function well. As the data of rural endowment insurance completely inadequate, the evaluation system should be designed mainly in qualitative index. On this principle, this paper designs an integrate evaluation system including fairness index, effectiveness index, sustainability index, and system convergence index. By using these indexes to appraise and analyze the rural endowment insurance in Zhejiang Province, this paper designs a set of pension evaluation system to analyze the existing rural endowment insurance.Chapter 4 and Chapter 5 contribute to summarizing both of the advantages and disadvantages of the system, and also gives some suggestions of perfection of rural endowment insurance. Chapter 4 first draws a conclusion, and then summarizes the advantages and disadvantages of the rural endowment insurance. On this basis, Chapter 5 first makes clear of the government's fiscal responsibility, after that it gives some suggestions to improve the rural endowment insurance in Zhejiang Province.However, this paper argues that the evaluation of rural endowment insurance should have the theoretical basis. Therefore, Chapter 1 focuses on the related concept and the relative references both at home and abroad.The innovation of this article is to construct a set of comprehensive evaluation system including fairness index, effectiveness index, sustainability index, and system convergence index, and apply it to the current rural endowment insurance in Zhejiang Province. According to the analysis, comprehensive evaluation system can promote the existing system and can predict the effects of the new system. It has a certain theoretical value to reform the rural endowment insurance in Zhejiang Province.