On The Balance Of Chinese Basic Old-age Insurance Pension

Since the 1990's, China has entered the period of population aging. With the rapidly development of economic and social, population growth is accelerating trend of aging, which has posed great difficulties to China's basic old-age insurance system. Because of the systematic factors in transformation,the unbalance management in expenditure and difficulties in investment maintenance and increase, the situation of the basic old-age insurance pension in China is also aggravated to a certain degree, and is going from bad to worse with the increasing severity of population aging. How to maintain the balance of the basic old-age insurance pension so as to make sure the system go through smoothly the summit of population aging is a hot topic of a great concern from the public and worth wide researching.This paper mainly analyzing the reality of the basic old-age insurance pension funding model in China after the systematic transformation from pay-as-you-go scheme to integration scheme. Under the double pressure from population aging and overtness of huge invisible debts, the author mainly analyzing the social basic old-age insurance to the unbalanced situation, the reasons and the main factors. On the basis of establishing the model for the balance of the basic old-age insurance pension, the evolving trend of the basic old-age insurance pension from 2010 to 2050 is estimated and calculated. Eventually the targeted solution is to be found out to realize the long-term balance of the basic old-age insurance pension.