Research On Payment Rate Of Town Enterprise Worker Endowment Insurance In Tianjin Based On The Acceptable Pension Replacement Rate

In1997the city of Tianjin promulgated and implemented the "Tianjin urbanenterprise worker pension insurance regulations". After more than10years unremittinglyefforts, Tianjin urban old-age insurance system to improve. However, in the worldeverything is not perfec, Tianjin urban enterprise workers pension insurance is noexception, also which exist the problems to be solved in the operation--paying rate is notmoderate. The purpose of this paper is that under the desired replacement rate of pensioninsurance, the city enterprise payment rate, worker individual payment rate and thefinancial burden ability of Tianjin to return to a moderate level.The article except the preface mainly consists of the following four parts: Chapter I:In this paper the basic concepts involved in giving a scientific definition and relatedtheory is discussed. Chapter II: Use of basic consumption expenditure and disposableincome per capita method to estimate lower limit and upper limit of Tianjin urbanworkers pension insurance substitution rate. Chapter III: First with Marxist politicaleconomy theory and the Cobb-Douglas production function as the ideological basis,using which to estimate " Ought to be rate of enterprise payment" of Tianjin cityendowment insurance and putting forward to reduce the rate of enterprise payment. Thesocial security financial coefficient of Tianjin is low. According to the city of Tianjinshort-term GDP and fiscal forecasts, at a reduced rate of enterprise payment backgroundmade improvement of fiscal expenditure for urban enterprise workers’ endowmentinsurance subsidy ratio decision and gave the suggestion about optimization of fiscalexpenditure structure of Tianjin.Then making the " Ought to be rate of enterprisepayment" of Tianjin city endowment insurance as the known conditions, application ofmodel estimated worker individual payment rate under lower limit, upper limit of Tianjincity pension desirable substitution rate as well as current system. Funds balancecondition of different personal pension substitution rate are discussed, then a series ofcomputational analysis to identify the best worker individual payment rate. Chapter IV:Through the analysis of the previous chapters, put forward the conclusion clearly onTianjin urban pension insurance enterprise optimal payment rate, worker personaloptimal payment rate and the appropriate proportion of financial burden for endowment insurance subsidies. Finally according to the conclusion and put forward related policysuggestions.