The Research On Fairness Of Endowment Insurance System In Our Country

The aged security is directly related to vital interests of each worker, which is a livelihood issue that every government has to put a high value on in modern society. Fairness and justice, as its pursuing goal of our humanity, are the basic values that countries and nations advocating freedom and fairness attach great importance to. With the prosperity of economy, being more harmonious in our society is been written into the schedule of well-off society. The old-aged insurance system could be a proper approach that contributes to the construction of harmonious society. The framework of endowment insurance system has been preliminarily established in the past nearly thirty years revolutions, which is adaptive to the market economy. It promotes the process of our market economy in a certain extent, and takes the initial step toward narrowing income gap under the principles of fairness and efficiency. But the revolution of old-age pension insurance is far from over because there are several problems such as implicit pension debt, empty account, fairness problem, which not only make the endowment insurance system itself exist hidden trouble but also pose a threat to the aged security of workers. So that people including government, learners and ordinary workers pay sufficient attention to the problems.Accordingly, the writer makes an attempt at exploring the fairness situation of our country’s endowment insurance system by the sight of fairness and desires to provide some ideas and ways for the future revolution. The article tries to express certain theoretical function in spite of not the main content and purpose of stating the value category of fairness clearly. The thesis attempts to probe the fairness condition of endowment insurance system, utilizing the relevant knowledge, such as demography, social security, actuarial science of insurance, and the approach of contrast analysis, qualitative and quantitative methods, etc.The article includes five chapters. The first chapter is the introduction of the article, consisting of background, significance, contents, methods, contribution and inadequateness.The second part tells the basic conception of endowment insurance system and fairness. It also shows the evolution of our country’s endowment insurance from the point of fairness.The third one is the most important part of the article. Firstly the burden fairness is discussed between the burden characters of the old-age insurance system including government, enterprises and persons. Then it analyses the fairness condition with some statistical data from two aspects of intra-generational and intergenerational equity. The result indicates that there are intra-generation and intergeneration equity problem in the endowment insurance system, such as coverage and treatment differences between the urban and rural, regional difference, difference between public institutions and corporations, burden weighted on the contemporary people.The fourth chapter is about the reason and effect behind the fairness problem of our country’s endowment insurance system. It holds that the reformation of endowment insurance is on the background of state-owned enterprise reformation and population aging. Not only the equity consciousness of subject is deficient, but also system segmentation leads to the fairness problem. Of course regional economy unbalance also is one of factors. At the last of this chapter, it discusses the effect of the fairness problem of the endowment insurance on the society and economy.The last part puts forward some proposals for improvement of the fairness condition. First general principles should be followed such as fair principle in social security and policy continuity. Then basic old-age insurance at the country’s level and transfer-continued endowment insurance relationship should be constructed overall planning. The final part discusses the three pillars of our endowment insurance system and rural endowment insurance system.The innovation of the paper is mainly manifested in two ways. The first is that the paper elaborates historical outline of the endowment from the sight of the fairness. And the other shows the fairness situation of the endowment from different aspects of burden characters fairness and intra-generational and intergenerational equity. Of course there still exists some disadvantage to further study. For example, the article couldn’t discuss the fairness situation with adequate data and model, so introducing proper model about fairness may illustrate the fairness problem better.