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Theory Research Of Our Country Town Worker Pension's Indexing Adjustment In Inflation

Posted on:2012-11-16Degree:MasterType:Thesis
Country:ChinaCandidate:W Y MaoFull Text:PDF
GTID:2219330338473814Subject:Social security
Abstract/Summary:PDF Full Text Request
China's endowment insurance system worked in the 1950s, set by last year's salary for standard. But in the 1980s, with the development of market economy, if still using this pension system in the planned economy period, then for a retired worker, the longer the time for the retirement, the life is the more difficult. Although the state council of the basic endowment insurance get to adjust, but there is still no formed fixed down. Therefore, China's pension system is facing adjustment pressure.China's pension system face three aspects of adjustment pressure:(1) China urban pension system faces a challenge for change of the structure of population. In the fifth national population census,60 years or older men reach 10.3% in China. This means that China has entered the senile society. With the aging of intensified, China's current the pay-to pay system, pay fixed type the pension system will face more and more big pay cost pressure.(2) under the inflation pressures,China urban pension is at risk. A great deal of truth that under the market economy condition, inflation is to have occurred is proved. And inflation will erode retired worker pension, making it difficult to maintain the original life level. (3) Chinese raise gold adjustment is arbitrary and uncertainty. With social environment changed, in order to ensure the basic life of the retired worker, Countries pay a certain price additional subsidies and life subsidies. But because of too low subsidies, retired worker life improvement is not obvious. Therefore, the state of council ruled that reference to the salary growth of employees, basic annuities are adjusted. But this adjustment is just temporary, each region has obvious difference. The standard of adjust is optional and uncertainty.Therefore, this paper holds that to pension indexing adjustment is necessary. This paper tries to research core question is:under current pension system in China, "the old man", "human", and "the newcomer" the pay to pay system pension how to reasonable and scientific and standard adjustment to the index, can not only ensure the interests, and retired worker of aging can reduce pension plans brought about by the financial pressure to promote our country economy. To promote the sustainable and healthy development of economy is of great significance. In the analysis, this paper involving many aspects of content. Mainly using the normative analysis, quantitative analysis and qualitative analysis, the paper discusses the method of combination of our country annuities adjusts necessity.This paper tries to in the selected topic, reasoning methods, theories analysis etc make innovations.In the selected topic: because adjust index in different area is different and optional. This adjustment mechanism may lead to two consequences. On the hand may be generous adjustment plan; One the other hand may be adjusted by degree is too small. Whatever happens will affect social stability and unity, so choosing this subject is more novelIn theory, using the theory of pigou's welfare economics and Carl-Hick's "social compensation theory" analyses adjustment index of public pension. From the perspective of welfare economy, establishing adjustment index of public pension is necessity.
Keywords/Search Tags:Pension adjustment index, Town worker endowment insurance, Security level, inflation
PDF Full Text Request
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