Research On The Problems And Countermeasures Of China’s Rural Endowment Insurance System

The purpose of this study is to discuss the future development of countermeasuresthe uneven development of rural pension insurance in different populations and differentgeographical through analysis of its causes as well as outstanding foreign experience forreference. Aging come quickly especially in rural areas, so rural aging problem in thefuture has more challenge than the city. This increased the difficulty under theunderdeveloped rural economy to promote the work of the pension insurance. Rural areasin China are a vast territory and have an unbalanced economic development in variousregions. The structure of the labor force in rural areas is also quietly changed that theyoung labor force is transferred to cities and towns enterprises, which makes it notrealistic to develop a comprehensive unified rural endowment insurance system. It isbetter to take practical countermeasures targeted in line with China’s basic rural statusquo.This paper adopts the combination of a comparative analysis and qualitative analysisand quantitative analysis as the research methods. It first described the current situationand main problems of rural endowment insurance of our country at this stage. It raisedChina’s current rural endowment very urgent insurance problem, and then analyze theformation of the cause’s problems of rural endowment insurance in current status,including the historical causes, economic causes and institutional causes. Second, itintroduces the foreign state of development of rural endowment insurance, includingGermany, France and Japan generally rural endowment insurance to draw inspiration fornew rural endowment insurance with the important reference.In the final this paper describes the solution to the problem presented above to solveChina’s rural endowment insurance. For different regions, the economy developed areasshould promote social universal type pension, and the economy less developed regionsadvocate family pension and government trying to give subsidies and strive to improvetheir income in order to pass over-the universal pension system of the community.Individualize for the different nature of the crowd, through the unified management ofthe cumulative mode of social pooling and individual accounts to form a unified management model and improve the people’s equitable access to welfare rights.Increasing the value of the pension fund should be gradually advanced and the countryshould give appropriate preferential way, such as the central Bank should issue a pensiondiscount bonds and commercial banks should give the profitability of investment meansto make old-age insurance funds chains no worries to ensure that rural pension insurancecarried out smoothly.