Research On Fund-raising Mechanism Of The Residents Basic Endowment Insurance In Urban And Rural

The long-term stability of the source of the endowment insurance fund is the key to the long-term operation of the pension insurance system in China. Urban and rural residents basic endowment insurance fund raising is the first step of endowment insurance system operation, is also the most key link. The stability of financing mechanism and long-term operation of financing ability determine the sustainable development of the basic old-age insurance system for urban and rural residents. Population aging is presented in this paper,the social pension insurance in rural and city in guarantee a complete coverage of basic implementation background,points out the urban and rural residents basic endowment insurance fund-raising mechanism problems, analyses the three financing factors, discusses the three sides to raise improvement program. With qualitative and quantitative analysis methods to analyze the basic endowment insurance fund-raising mechanism of urban and rural residents. Discusses the three financing mechanisms can ensure the basic life demand after participants aged and the stability and sustainability of financing funds. Using arma model to carry on the dynamic analysis, the individual ability to raise funds that urban and rural residents in China completely have the ability to raise pay cost and improve the central government and local fiscal subsidies for 20% of per capita income according to the previous year, and to determine responsibility for their respective ratio at 17% and 3%, establish individual account pay cost model of urban and rural residents, and reasonable determination of individual pay cost range from 200 to 4000 yuan, and Divided into 16 class.determine the appropriate financing standard. Use Eviews software to determine the improved government subsidies of sustainability, regression predict future population aged 60 and above analysis, the per capita net income and the central fiscal revenue,and analysis the prediction results. Put forward to should extend the corresponding subject of financing enhanced financing ability, establish a scientific public finance support mechanism, explore diversified financing modeto ensure that urban and rural residents in the basic old-age insurance system healthy operation this several aspects to promote the good operation of the whole social endowment insurance funding.