Risk Assessment Of The Basic Endowment Insurance Replacement Rate

With the aging trend approximation, pension be able to get much more and moreattention. Shanghai aging in the country is the most serious. With worsening inflationpressure on government finances is getting bigger. It is necessary to calculate thebasic endowment insurance replacement rate. The basic endowment insurance is inorder to protect the basic livelihood of retirement. The rate should not be high causedby the government’s fiscal burden. The rate should be able to ensure the minimum oflife. Relative to the multi-pillar pension insurance model in other countries, the mostimportant pillar in China lies with the basic endowment insurance. This appears tothis basic endowment insurance is extremely important. How to determine thestandard of living standards needs the basic endowment insurance replacement rate tomeasure.The purpose of the basic endowment insurance is in order to provide properpensions of retirees, and avoid falling into poverty in old age. Appropriate study of thebasic pension insurance replacement rate is necessary. Prior to this, it first needs tocalculate the basic old-age insurance replacement rate, in order to study the problemsand deficiencies of the existing basic pension insurance replacement rate. This articlecalculate the existing basic endowment insurance replacement rate, the warning valueand assess risk mainly through pension insurance policy and analyzed using thesurvey data, the reference model.The first part of this paper is the introduction, background, purpose, meaning, thebasic old-age insurance replacement rate to determine the ideas and principles as wellas the research status at home and abroad to do. The second part of this paper is theevolution of the development process and the replacement rate of basic old-ageinsurance system in Shanghai. The third part is focused on assessment of the basic old-age insurance replacement rate risk. Analysis of the basic old-age insurancereplacement rate risk influencing factors, the establishment of the risk scale, riskassessment using the analytic hierarchy process. The fourth part of the government’sbasic old-age insurance system, as well as the personal pension plan suggestions.