Financial Responsibility Of The Central Government In The New Rural Social Pension Insurance

China has adopted a new rural social pension insurance system to change ourfarmers for thousands of years of traditional pension model, a landmark in the historyof the development of China’s social security. The key to the success of the newfarmer’s insurance in the government, especially the role of central government isessential. The financial responsibility of the central government in the new farmer’sinsurance embodied in the level of basic pension and subsidy. In this paper, thecentral government in the new farmer’s insurance financial responsibility for thestance, the theory demonstrated the need for central government to bear the financiallead responsibility for the new farmer’s insurance through the historical andinternational comparative summary of the development of rural social endowmentinsurance government the responsibility to fulfill the relevant experience, through theestablishment of the model, the empirical analysis of the level of financial burden ofthe new farmer’s insurance basis pension moderate level and provincial agriculturalinsurance, the final central government improve the financial responsibility in the newfarmer’s insurance suggestions.Conducted a comprehensive analysis of the financial responsibility of thecentral government in the new rural social endowment insurance system, data anddocumentation supporting papers. The full text is divided into five parts:Part I: Introduction, introduces the research background and significance of the topic,research ideas and research methods, the basic theoretical assumptions and theinnovation of this paper.Part II: central finance involved in rural social endowment insurance, basictheory. Choice theory, public goods theory of public finance, social harmony andtheory demonstrate the central budget to the necessity of intervention of rural socialendowment insurance.Part III: the central budget in the new rural social endowment insurance statusand international comparisons. This section analyzes the course of the three ruralsocial pension insurance in China’s development, to compare the developmentexperience of Japan, Germany, Brazil Three Kingdoms of rural social endowment insurance, comprehensive summary of the lessons learned in the development of newagricultural insurance. This section also analyzes the current situation and problems inthe central financial responsibility to fulfill in the new farmer’s insurance.Part IV: moderate level of new rural social pension insurance basic pension andsubsidy empirical analysis. This is partly the focus of the paper analyzes. This sectionfirst model analysis desired replacement rate of new rural social pension insurance,and then proceed to the analysis of the new farmer’s insurance replacement rate, andfinally the desired replacement rate and the actual replacement rate obtained at15%of the rural per capita net income to determine The conclusions of the basicpension. This section also conducted a regional fair analysis of the new farmer’sinsurance basic pension subsidy.Part V: According to the new rural endowment insurance system for the centralgovernment fiscal responsibility gaps and the reasons put forward following measuresare recommended:1,15%of the rural per capita net income to determine the newfarmer’s insurance basic pension standard and perfect the new farmer’s insuranceregional differences of the basic pension subsidy policy, the establishment of a centralgovernment-led farmer’s insurance fund, increasing the value of the new farmer’sinsurance funds.