Basic Pension Contribution Rates Under The Co-ordination Based On Ability To Pay

Based businesses, flexible employment and rural residents basic pension payment affordability point of view, both to meet the research needs of China’s basic old-age insurance, so that the three contribution rates on the basis of a balanced pension contribution rate. Cobb-Douglas function paper use, consumption function theory, the ability to pay for three empirical analysis, combined with China’s actual situation will be balanced contribution rate is set at 15% level, and according to the demographic structure of the country and welfare of poor binary contribution rate adjustment path planning, proposed in 2050 to achieve a balanced contribution rate of the three that goal.Meanwhile, also on the level of financial subsidies to suggestions put forward countermeasures, and balanced contribution rate of affordability and sustainability of the test. Basic pension contribution rate equalization can promote the rational allocation of jobs, increase the fund of Freemasonry.The prolegomenon part is the introduction part, explained the purpose, background and significance of research papers and studies at home and abroad were reviewed while paper describes research methods and innovations.The first chapter, defines the concepts of the theory are introduced. This chapter focuses on several important concepts need to be used in the definition of the connotation and denotation, and explained the theory involved, introduce concepts and features a balanced contribution rate, and the article relates to the definition and analysis parameters.The second chapter, contributory pension contribution base body and the ability to analyze the status quo.Firstly, the payment status of the main three contributions, pension contributions and then build competency models for specific problems, analyze at this stage in the consumer surplus on the basis of excluding short-term savings, health insurance and pension insurance personal accounts to pay the remaining amount of basic pension insurance payment can payment capability. By empirical calculation, to determine the payment ability of different payment groups, in the case of combined income of each group at different base pay, based on determining an appropriate level of contribution rates. Combined with the use of life-cycle theory of consumption function, on the basis of future disposable income forecast on per capita consumption expenditure forecast, which predicted the future contribution group pension contribution period basis ability to predict. Present and payment ability and payment ability of the forecast period compared and analyzed.The third chapter, set and Inspection balanced contribution rate.According to earlier studies result in different pay for each payment ability groups cause analysis, combined with basic pension payment level downward adjustment trend, an aging population and the long-term equilibrium contribution rates, set a balanced contribution rate, the basis for pension payment rate adjustment path planning and periodic adjustments to achieve a 15 per cent contribution rate equalization standard in 2050.And the Engel coefficient model and basic pension insurance total payment model for equilibrium contribution rate set by rationality test.Thefourth chapter, balance payment rate effect analysis. This chapter discusses the contribution rate of unified implementation effect, and carries on the further analysis in this paper.The fifth chapter, the present paper summarizes the relevant conclusions and give the relevant policy recommendations.