The Performance Evaluation Of The Basic Pension Insurance System

The basic pension insurance system is an important part of the social security system, itis a systematic project involving the whole of society, its performance how that will affect thelevel of protection to the elderly and the benefits received. China ’s aging population andindustrialization, urbanization accompanied with the middle-income trap phase encounter,the complexity and seriousness of the problem of aging is rare in the world. Severe forms ofbasic old-age insurance system put forward higher requirements. Third Plenary Session of theCentral eighteen proposed the establishment of a more equitable and sustainable socialsecurity system, pension reform set the tone for a "fair sustainable." And as Beijing, Tianjinand coordinated development plans Hebei highest enthusiasm, its operating results in basicpension insurance system, will affect the future positioning. Therefore, it is necessary to runthe basic old-age insurance system in Hebei effects were evaluated, designed to improve thebasic old-age insurance system proposed specific measures.In this paper, the basic old-age insurance system performance evaluation as the mainobject of study, first briefly describes the research background, significance, methods andinnovation, and through the literature to find information, collect and organize, sort andevaluation for the current research, the basic pension insurance system performanceevaluation elaborate theory and analysis, the theoretical basis for the following research.Second, from the availability and relevance of data analysis point of view, and with referenceto the basis of summing up before scholars study on the establishment of economicperformance, social performance, and administrative performance of the three dimensions,the basic old-age insurance system16indicators performance evaluation index system. Afterthe establishment of the index system, the use of PCA-DEA model, the effect of running thebasic endowment insurance system in Hebei and other provinces and cities in24samplesevaluated, results and other24provinces and cities in Hebei Province in2012, the year thepension system performance the relative size of the analysis of the various provinces ofredundancy and lack of investment spending. Through the model analysis concluded: Hebei slightly lower in2012compared to pension level of performance with other domesticprovinces and cities. Hebei province in future work should increase the basic pensioninsurance investment, focus on improving the level of pensioners, to protect the basiclivelihood of retired personnel. Finally, put forward concrete proposals in order to provide areference for the future pension system reform in Hebei Province.