Research On The Level Of Payment And Benefit Of The New Rural Endowment Insurance Based On The Economic Indicators

The establishment of the new rural endowment insurance played an important roleto improve the social security system in rural areas, and act an important part of buildinga new socialist countryside. After the establishment of system, research on the new ruralendowment insurance has become a hot spot, but most studies focus only on the aspectssuch as the necessity and rationality in the design of the system, affordability ofindividual account payment, and financial subsidy. There is little or no contribution tosystem optimization or adjustment of the new rural endowment insurance. This thesiswill be based on economic indicators with payment and benefits of he new ruralendowment insurance, and will analyze the current situation of China’s economicdevelopment, and determines affordability of the economic development on theperfection of the new rural endowment insurance. In the last, I will pay a modest analysisto the payment of the new rural endowment insurance, and conduct index adjustment tocommon affordable basic pension. So rural residents can continue to share the fruits ofeconomic development with economic development, and obtain greater benefits from thesystem. This will also be conducive to the improvement of the new rural endowmentinsurance system, to promote the solution of the problem of rural old-age.This thesis is composed of five parts:ChapterⅠ: Define the basic concept, and briefly elaborate on the related theories.Get some sense of the new rural endowment insurance system, payment and benefits ofthe new rural endowment insurance. Through the analysis of public goods theory，absolute income hypothesis, life cycle theory, overlapping generations model, the articlereveals the necessity to establish a new rural endowment insurance system.Chapter II: Define and forecast the related economic indicators that are aboutpayment and benefits of the new rural endowment insurance. First defined someindicators related with the economy, such as the per capita net income of the ruralresidents, Engel coefficient, CPI, GDP and so on. After that, the thesis forecast someeconomic indicators, for example, the GDP growth rate, rural residents the growth rate ofper capita net income, fiscal revenue growth rate, investment rate of return and so on.Chapter III: Based on the economic indicators, analyze the current situation ofindividual account pension payment and financial subsidies condition based on individual account pension payment. Get the optimum level and carrying capacity ofindividual account pension payment and financial subsidies in the situation of the currenteconomic development till2015.Chapter IV: Based on the economic indicators, establish the index adjustment modelto basic pension, and then establish the adjustment models based on rural per capita netincome, CPI, rural per capita net income and CPI. Besides, establish the individualpension benefit model, and analyze the final recipients.Chapter V: On the basis of qualitative and quantitative analysis, conduct the findingsand recommendations of the thesis. Proposed to further improve the design of newagricultural insurance system, strengthen fund management of the personal account ofthe new rural endowment insurance and improve the capacity of increasing the value,increase the ability of reasonable payment of the new rural endowment insurance,allocate financial subsidies proportion of different provinces rationally, carry out theintegration of urban and rural old-age security system progressively.