Research On Sustainable Development Model Of New Rural Endowment Insurance Funding Balance

The new rural endowment insurance, as an important social security system in rural areas of China, since it was carried carried out in some provinces from 2009, plays an extremely important role in the pilot areas to meet the basic needs of rural residents pension, to improve farmers’ consumption, to open up the rural market and to reduce the burden of family economics.However, there are still many problems of the new rural endowment insurance policy, which affect and restrict its long-term and comprehensive implementation. How to further optimize the policy, accelerate the full promotion of the country and realize the sustainable development is a hot issue of the whole society.Under the guidance of sustainable development theory, this paper analyzes the sustainable development of new rural endowment insurance from three aspects:system design, capital raising and fund balance.This paper reviews the development background and basic policies meaning of the new rural endowment insurance system, cards the domestic and abroad endowment policy and related theories, combined with the theory of sustainable development, and make the research ideas of new agricultural insurance sustainable development explicitly. In the sustainable research of the system design of the new rural endowment insurance, to evaluate sustainable risk, this paper makes the actuarial model analysis of individual account pension divisor coefficient and new rural endowment insurance replacement rate. The result appears main problems of sustainability of new rural endowment insurance and proposes defects in the institutional design, which effects sustainable development of the new rural endowment insurance, and the meaning of policy improvement.In the study of sustainability of the new rural endowment insurance capital raising, this paper, starting from three ways of the financial subsidies, collective subsidies and individual payment, based on the sample data of the survey in Hebei province, analyzes the farmers’ demand for the new rural endowment insurance, gets the main factors influencing the farmers’ demand, calculating the data with Logistic model, finds the problems in the process of promoting of the new rural endowment insurance and puts forward the improvement strategy of the sustainable development capital raising policy. In the study of the fund balance, the paper establishes of the actuarial model of the fund balance of income and expenditure, sets and classifies the analysis indicators, makes the empirical analysis with the example of Hebei Province, and puts forward the corresponding policy recommendations.In the end, the paper summarizes the factors that affect the sustainable development of new rural endowment insurance and summarizes the countermeasures and suggestions of realizing the sustainable development of new rural endowment insurance from the aspects of optimizing system design, widening and improving the financing method and strengthening the fund management.