Research On Enterprise Annuity System Of JK Company

It is an indisputable fact that the population is becoming aging, and it will bring great impacts and challenges to the existing old-age insurance system. A large of research works and practical experience shows that to develope the enterprise annuity, which is not included in the basic old-age insurance, and to provide a more perfect old-age security is an effective method to deal with the aging population. But after more than 20 years’development, the enterprise annuity is still in its early stage, with less number of the participation> lower coverage ration and uneven development between regional and industry. So it hasn’t shown its social old-age security function of the second pillar. The current development is to aim at a universal large, to let more medium-size and small enterprises involved, to let more staff get benefit from the annuity, to make the medium-size and small enterprises replace large state owned enterprises and become the main body of the enterprise annuity market.This paper selects JK company as the research object, emphasizes the design of the annuity scheme. After illuminating the topic background, the domestic and foreign literature review, explaining the basic concept and theory, then introducing the relevant theories of the enterprise annuity. Therefore researching the foreign enterprise annuity process and trend of the United States、Britain、Japan and etc, and summing up the experience of the reference value. Through the methods such as questionaire investigation、visiting and discussion, the paper fully shows the enterprise’survial background and its own specific conditions, analyses the necessity and feasibility to establish the enterprise annuity system, and find out the obstacles of the annuity plan. Combining with the actual of JK enterprise, referencing to the national and local policy, integrating all aspects of factors, the paper designs the enterprise annuity which is the most suitable for Jk enterprise. The paper will set on a micro level, includingthe principle and the target of establishing enterprise annuity plan andthe determination of the payment of enterprise’s rate and the individual’s rate, the establishment of the management framework and the arrangement of the distribution, etc. These factors determine the annuity plan, which is successful or not, but also is often neglected, so the paper success or failure of the enterprise annuity plan design, and, this paper puts forward to the targeted solutions. By setting up an actuarial model, the paper estimates the basic parameters reasonably, calculates the payment rate of the relationship between the enterprise and the substitution rate of plementation target of JK enterprise, and replaces the rate at a reasonable payment level.JK company belongs to the medium-size and small enterprises of the less developed areas. So through the instance, that the JK enterprise develop the enterprise annuity, carry out an in-depth investigation and study, we can give solutions to some specific questions, provide to practical reference for the medium-size and small enterprises of the less developed areas to establish a annuity system, give a certain guiding role to the practice, promote the healthy development annuity systems of the above enterprises, and impel the overall acceleration of enterprise annuity.