Financial Sustainability Of The Pension Insurance System To Study

Old-age insurance system have a close relation with economic development. In the background of building a harmonious society in China, a series of social policies need to be improved. old-age insurance system which relates to the fundamental national rights and interests is of the most importance. For China,during the transition of economic growth mode, we need to make a complete a long-term planning for old-age insurance system , which not only help to resolve existing problem but also help to advance coordinate and sustainable development of economy and society.Sustainable financial situation is the core of Old-age insurance system sustainable development, we need to be in accordance with the requirements of sustainable development,on the basis of grasping the affordability of the subjects,we should establish appropriate sharing mechanism of authority and responsibility, and constantly improve the old-age insurance system.In this paper, the financial sustainability of pension insurance as well as the financial affordability of the subjects who participate in old-age insurance system.are objects of study.It starts from introducing the basic meaning of the old-age insurance system sustainable development and its impacting factors, sort out the history and experiences of urban old-age insurance reform in Shanghai which is quite typical in China. Using quantitative method to make in-depth analysis of the overall level of Shanghai urban old-age insurance and the respective affordability of government finance,enterprises and individuals. Drawing the theory of multi-pillar old-age insurance and the concept of asset building, make suggestions to improve the existing pension system,and finally put forward an optional framework to build a long-term mechanism for old-age insurance sustainable development...