Research On The Issue Of Endowment Insurance Of Land-lost Peasants In Datong

With the continuous advancing of industrialization and urbanization, lots of land ofpeasants are requisitioned, then a special group---land-lost peasants generate in cities.The social issues related to land-loss peasants become the focus of attention and theissue of old-age security of land-loss peasants becomes its core content.Based on welfare economics, theory of social justice and land requisitioncompensation theory, this paper illustrates the current situation of endowment insuranceof land-loss peasants in Datong from five aspects including fund procurement, securityobject, treatment level, fund management and system connection and specificallyconcludes that there exist problems including large pressure of fund procurement, lowtreatment level, difficult preservation and appreciation of fund value, unreasonablesystem connection, inconsistent system and imperfect relevant laws in the endowmentinsurance of land-loss peasants in Datong. Combing with the local reality, this paperanalyzes and concludes that the low income level of peasants, unreasonable landrequisition compensation, inadequate government investment and imperfectmanagement mechanism and some other factors influence the operation of endowmentinsurance system of land-loss peasants in Datong.By learning from the advanced foreign experience of endowment insurance ofland-loss peasants in Japan and Germany and the successful domestic experience of thatof Shanghai and Zhengzhou, this paper thus proposes the enlightenment of theconstruction of endowment insurance system of land-loss peasants in Datong: enhancethe legislation of rural endowment insurance, expand the coverage, strengthen thegovernment’s support and establish an endowment insurance system of land-losspeasants which adapts to the national conditions of our country and provide reliableexperience reference to the perfection and sustainable development of socialendowment insurance system of land-loss peasants in Datong.On the basis of empirical investigation analysis and experience learning, a policysuggestion aiming at constructing a sustainable endowment insurance of land-losspeasants in Datong is proposed, which is to enhance the publicity of insuranceparticipation, strengthen land-loss peasants’ consciousness in insuring, expand thecoverage of endowment insurance system of land-loss peasants in Datong; intensifygovernment support to guarantee the basic old-age life of land-loss peasants; improve the standards of land requisition compensation and constantly regulate the managementof land utilization; broaden the channels of fund procurement and conduct diversifiedinvestment operation to achieve the preservation and appreciation of fund value;increase the overall level of endowment insurance and advocate family endowmentinsurance and individual commercial insurance to achieve multi-pillar old-age provision;enhance legislation and perfect relevant laws and regulations to forcibly guarantee thelegitimate rights and interests of land-loss peasants with laws.