Actuarial Analysis Of The Impact Of The Balancing Factor Of The Pension Fund In China

With the Industrial Revolution, the mode of produce made the traditional family provided for the aged socialization. Therefore the system endowment insurance was founded. The system plays an important role in guaranteeing the laborers, making the society more stable and promoting the economy.In the 90^th of last century, our country has been entering an old-age society. With the increasing speed of the population being old, the system must be reformed, so that the lives of the old are guaranteed. What can make the public pension system break away from the crisis. Therefore desiring a system promoting the economy is the most important task for the economist in the world. However the balance of the basic endowment insurance fund is very necessary for the development of the system. Some severe economic issue even the politics matter would happen, if the system is unable to continue for the unbalance. So it is very important to conduct research in the balance of the fund.The author referred to a great deal of material, and used the method of normative analysis and positive analysis. The author analyzed this problem from the actuarial angle, forecasted the future development, and at last gave some suggestions on the topic. This paper is composed of four parts. In the first part, the author introduced some knowledge of endowment insurance and the actuality of the endowment insurance in China. Next, the author analyzed the effect of the aged trend in China. In the third part, the author analyzed the effect of some factors that affect the balance from the actuarial angle, and the status of the endowment insurance fund. Finally the author gave some advice on the important topic.