A Study Of Moderate Protection Level For Rural Social Endowment Insurance

With the small family size, the traditional rural family pension faces a challenge, On the other hand, the population aging in our country is becoming more and more serious, especially in rural aging problems is more obvious. In the "Twelfth Five-Year Plan", our country take the coordinating urban and rural development as one of the main tasks, and put forward a new rural social pension insurance system covering plan as a specific target. Rural social endowment insurance system is designed to solve the rural elderly "security" problem. The moderate security reflects the rationality of institutional design. The low security level can not meet the basic needs of the elderly people in rural areas, and high security level may increase the lazy habits of rural elderly, and may hinder the development of local social economy. With the basic relevant theories of rural social endowment insurance, this paper empirical analysis the rural old people’s realistic demand level on S County of Zhejiang province. And analysis the main supply of the government’s financial ability and the protection level of some typical foreign countries’rural social endowment insurance. Finally, with the above analysis, this paper determined the local rural social endowment insurance appropriate protection level and put forward some policy suggestions.The study found that the real treatment level of rural social pension insurance in S county can not guarantee the basic living of the local elderly. Local farmers expectation of rural social endowment insurance pay level is a more rational The farmers’expectations of treatment level of rural social pension insurance related to their own income levels. Combined with international experience, the level of rural pension replacement rate of S county should not exceed50%. The moderate interval of rural pension substitution rate of S county is42.8%to50%.