An Inquiry Into The Financial Responsibility Of The Central Government In The Rural Social Pension Insurance System

At present and for a long time in the future, farmers are the largest social class and interest group in China. The Rural Social Pension Insurance System is an important part of the social security system, and is also an important content of Socialist Harmonious Society. Our country launched a new type Rural Social Pension Insurance System in2009, which indicated that Rural Social Pension Insurance System of our country has entered into a new stage. Since the New Rural Social Pension Insurance System is a policy with public goods attribute, it’s establish, promotion and consummation must depend on the government, especially the central government. The government’s responsibility in the New Rural Social Pension Insurance System mainly includes the legislative responsibility, system design responsibility, financial responsibility, supervision and management responsibility and so on, the financial responsibility is the core responsibility of the government.Central government’s financial responsibility in New Rural Social Pension Insurance System mainly reflects on the fundamental annuities. To be specific, for one thing, central government should formulate a proper Fundamental Annuities, which will meet with both financial supply and farmers’ requirement. For another thing, central government should make out a system to point out how to share the he fundamental annuities between the central government and local government. This article mainly analyzes the central government’s responsibility in fundamental annuities, the outline as follows.The first chapter:This chapter elaborated the research background, research significance, research methods, literature review, and innovations.The second chapter:This chapter mainly analyzed the theories about government’s responsibility in the Rural Social Pension Insurance System. Mainly introduces the theory of public goods, the theory of social justice, the government’s public responsibilitytheory and the theory ofwelfare state. The third chapter:Mainly introduced the development and current situation of the Rural Social Pension Insurance System.The fourth chapter:Mainly introduced the central government’shortcomings in the New Rural Social Pension Insurance System.The fifth chapter:This chapter is the focus of this paper, which made out a proper fundamental annuity by building an empirical model. The conclusion was that the fundamental annuities should be adjusted by farmers’ per capita net income.The sixth chapter:Conclusions and put forward reasonable Suggestions.