Urban And Rural Residents’ Pension Insurance Research

With the rapid aging process, the pension demands are increasing in China. Butbecause of the lagging social pension insurance system, the growing demands forretirement can’t be meet. In order to establish and improve the social pension insurancesystem and achieve the pension insurance be full coverage of the urban and rural area, thestate promulgated the new rural social pension insurance policies in2009and pensioninsurance policy for urban residents in2011, while advocated merging the two systems inthe areas that the conditions are suitable. This paper put this as the research object. Bycombing the relevant research results makes the theoretical and the practical basis clear.Then this paper mainly analyzes the residents of pension insurance system in Liaocheng onthe basis of the above theory.It includes the necessity and feasibility of the pensioninsurance, institutional design, results, problems, obstruction factor analysis and so on. Onthe basis of the related data, it mainly analyzes the effect of the resident pension insurancesystem through theoretical analysis and empirical research.Through the analysis above, we can learn that the implementation of urban and ruralresidents social pension insurance system achieve a transfer of wealth both in theintra-generation and intergenerational, especially the intra-generation can get more welfareenhancing. And implementation of the system brought financial pressure, at the same time,it increases the consumption. In addition,the implementation of the system is in favor ofestablishing a sound integration of urban and rural social security system, narrowing thegap between urban and rural areas, changing the traditional pension ideas and lifestyle ofresidents.However, because of multiple factors, such as the short implementation time andrelated unsound laws, some problems still exist in the implementation process. That mainlyincludes less government responsibility, the lack of relevant departments, not standardizedgrassroots management and narrow channels for increasing the value of the fund.Therefore, we can improve the residents of pension insurance system necessarily by highlighting the government responsibility, promote organizational construction,strengthening theoretical studies, achieving institution innovation, strengthening the systemconstruction, optimizing the external environment and so on.