A Study On Effect Of Income Distribution Of Endowment Insurance Planning At National Level From The Perspective Of The Industry

Researchers estimate that the next two decades will witness the fastest developmentof the aging of population in China. Under the great pressure, our government hasestablished a multiplayer endowment insurance system, including basic pensioninsurance, enterprise complementary pension insurance, and endowment insurance bypersonal savings. At present, though our endowment insurance system is relativelycomplete, there are also some problems, among which the low overall level of theendowment insurance has become a hot issue. Generally, the overall level of endowmentinsurance includes national level(the highest level), provincial level (the middledtransitional level), and county and municipal level (the low level). In the case that overalllevel of endowment insurance is low, the function of income redistribution of endowmentinsurance will be reduced, leading to a limited efficient use of endowment insurance fund.For this reason, reform programs to upgrade the overall level of endowment insurancehas been continuously deepened by our government. Reform ideas at a provincial levelwere proposed in1987, and it takes23years to achieve a basic provincial overallplanning nationwide in2010. Compared to endowment insurance at a provincial level,planning at a national level is faced with more complicated problems, greater resistance,and more difficulties. At present, a further plan to upgrade the overall level ofendowment insurance--to realize nationally overall plan as soon as possible, has beenput forward in the draft of Social Insurance Law. And what are the merits of thenationally overall plan? How to plan payment and plan hair of the nationally overall plan?What is the effect of the overall plan nationally compared to that at a provincial level.This thesis, from the perspective of the industry, makes an in-depth analysis of the abovequestions. The main structure of this thesis is as follows: first, this thesis introducesrelated conceptions and present situation of overall levels of endowment insurance inChina. The introduction provides a theoretical and history basis for the following study.Second, payment and plan hair of the nationally overall plan are set, and on this basis, asimulated pay level of endowment insurance is calculated among various sectors. Third,it comes to the core part of this thesis. Based on different plans, from the perspective ofthe industry, this part makes horizontal and vertical analysis of the effect of incomeredistribution of endowment insurance planning at national level from elementary to profound. Finally, a conclusion is made based on the study. In this part, rational ways areproposed to achieve the endowment insurance planning at a national level.