Research On Avoidance Of Moral Hazards In Social Endowment Insurance

Social endowment insurance is the core content of social security system all over the world, and oftendecides the construction of social security system’s success or failure. According to the data of Ministry ofHuman Resources and Social Security of the People’s Republic of China, by the end of2011, the peoplehave participated in the basic endowment insurance for urban employees, the new rural social endowmentinsurance and urban residents social endowment insurance have run up to647.3million, and the endowmentinsurance fund have earned1800500million Yuan. The scope of social endowment insurance expandedrapidly, the level of treatment will get further improve. After20years of reform, reform and construction ofsystem of social endowment insurance in China has made great achievements, the existing system willbenefit more and more workers and retirees, but the emergence of social endowment insurance brings themoral hazard of social endowment insurance, and by the development of social pension insurance, themoral hazard of social endowment insurance increasing spread, the multiple destructive greatly influencesthe social endowment insurance system for the normal operation of. If the moral hazard in socialendowment insurance can effectively avoid would directly affect the development and the success or failureof the career of China’s social security.In this paper, researched on the performance and the influence of moral hazards in social endowmentinsurance, and the cause of happen, the avoidance of moral hazards in social endowment insurance, wecould find moral hazards in social endowment insurance in China is mainly reflected in the managementprocess of stakeholders and the endowment insurance fund. The moral hazards of insurant, enterprise,government and agent seriously encroached on social endowment insurance fund, aggravated the nationalfinancial burden, violated the principle of good faith, destroyed the social equity. Through the analysis ofmoral risk in social endowment insurance can be seen is the information asymmetry, the opportunismtendency and the social old-age insurance system is not perfect cause moral hazards in social endowmentinsurance. Analysis the manifestations and causes of moral hazards in social endowment insurance can befound that way to avoid moral hazards.That’s to say the establishment of information open, transparentsocial endowment insurance mechanism, establish incentive and constraint mechanism, improve andperfect the social endowment insurance system. Avoid moral hazards in social endowment insurance effectively protect the security of social endowment insurance fund in our country, reduce the financialburden, contribute to the promotion of social equity and harmonious development.