China's Rural Social Old-age Security Model Choice

It is nearly half century since China established urban social security in 1950s. Now the social economic situation has improved greatly. It is time that we should establish rural social endowment insurance in conditional area. Li Baoku, the president of China Aging Population Society, puts forward it is time that China should consider the ole-age care of peasant in the views of living situation of rural particular poverty old person.The problem of peasant and village has become the most important thing of Chinese government in 2004. Undoubtedly, it wills a big year of eight hundred million peasants in 2004. In this case, I choose Rural Social Aged Security as my thesis for the degree of master. The paper takes five chapters as structure. The first chapter discusses the current aging models from the present situation of peasant's living and consumption. Then it refers that the present family maintenance is faced with crisis.The second chapter compares to foreign rural social endowment insurance model and puts forward some propositions to establish of rural social endowment insurance in China.Chapter three discusses the necessity that China establishes the rural social endowment insurance in China. It looks back on the developing course of present rural social endowment insurance in China and the existing problem.Chapter four looks forward the multilevel model of rural social endowment insurance is our current choice and the countermeasures of establishing rural social endowment insurance.Chapter five is vital of my paper. It discusses the economic possibility of establishing rural social endowment insurance according to the income of peasants. Then it discusses the ability of paying for premium with actuarial model in some certain referred conditions. At last I get a result that China should establish step and step rural social endowment insurance.I bring forth new ideas such as referring to the age of peasant's retirements should be prolonged according to the situation of "Peasants are never too old to work" and China should establish rural social endowment insurance step by step according to the income level of peasants in different districts.