Research On The Effect Of Income Redistribution Of New Rural Social Pension Insurance System

Our country is "running" entered the aging society. The sixth national census data showthat in2010, China’s65years old and above old population has reached119000000.According to the Renmin University of China Center for population and development studiesof prediction, by2020, China’s65years old and above old population will reach170000000.Residents of China’s old before rich reality accompanies aging process speeding up, it willhave a profound impact on the pension problem. The sixth national census data also showsthat, in2010China’s60years old and above old population than the proportion of the totalpopulation is13.26%, but60years old and above the rural elderly population than theproportion of the rural population has reached15.4%, higher than the national average of2.14percentage points, is significantly higher than the urban population aging degree, explain theproblem of aging the rural population is more serious.However, more serious is, China’s urban and rural residents income distribution gap inthe gradual expansion of. In2014, the disposable income of urban residents was28844yuan,per capita net income of rural residents was9892yuan, the income of urban and ruralresidents ratio is2.92, while the1986urban and rural income ratio is only1.86. Theexpansion of rural population aging problems and urban and rural income distribution gapreality, seriously damaged the social equity, restricts the development of national economy,the construction of socialist harmonious society to achieve obstacle, affect the greatrejuvenation of the Chinese nation "Chinese dream". Therefore, to solve the urban and ruralincome distribution gap is too big problem is.The18th CPC National Congress clearly pointed out, social security is a basic system toprotect people’s life, the regulation of social distribution. While the pension insurance is animportant part of social security, is an important means to regulate social income distribution.The18th CPC National Congress report to build urban and rural residents covered by the newrural social pension insurance system for rural residents, and gradually solve the pensionproblem. Objective to establish new rural social pension insurance system can achieve incomeredistribution, narrowing the urban-rural income gap, and alleviate the social contradiction.The income redistribution effect of this paper is devoted to the analysis of the new ruralsocial pension insurance system in Hebei province. This paper first introduces the backgroundand significance of topics, carding a pension income redistribution effect of the literaturereview at home and abroad, and presents the research ideas, methods and innovation of this paper. Secondly, the concepts related to this paper as "the the effect of income redistributionof New rural social pension insurance system" and the concept of life cycle hypothesis andthe overlapping generations model and other related theories expounded. Then introduced theimplementation of the new rural social pension insurance system of Hebei province. Thispaper focuses on the analysis of the the effect of income redistribution of New rural socialpension insurance system of Hebei Province, first established the the effect of incomeredistribution of New rural social pension insurance system model, take the insured individuallife cycle simulation pension net transfer and net yield, analysis of the impact of currentpolicies generally pay subsidies, longevity and capture expends fixed number of year ofincome redistribution effect. Then further analysis the effect of income redistribution ofdifferent new rural social pension insurance system implementation scheme, analysis mainlyfrom the "multi pay more compensation" and "long pay more" two embodiments, finally tomeet future pension calculation appropriate level of rural residents endowment demand,analyzes the income redistribution effect under the suitable pension level. Finally the researchsummary of this article, proposes practical policy suggestions for the perfection of the Newrural social pension insurance system in Hebei province.The research results show that: the insured farmers regardless of the choice of pay grade,there are net transferred to income, is a New rural social pension insurance systembeneficiaries, the New rural social pension insurance system to achieve a redistribution ofincome, will greatly increase the income level of rural residents, narrowing the gap betweenurban and rural areas. But at the same time the New rural social pension insurance system inHebei province also has some problems, multi pay much incentive subsidies not complement,make the choice of the lower grade of the insured to obtain the maximum income net toincome redistribution, is the maximum profit, is not conducive to the participants improvetheir pay grade; long pay much compensation incentive subsidy the choice of payment is notlarge, the duration of obtaining the maximum income net to income redistribution, is thebiggest profit, extend the payment period is not conducive to the insured. By increasing paymore pay, long extra subsidies and other ways to improve the New rural social pensioninsurance system in Hebei province.