Study On The Path Of The Integration Of Urban And Rural Basic Endowment Insurance

Study on the integration of urban and rural basic endowment insurance system is helpful, in the aspect of social security and lead to the result of narrowing the gap between urban and rural area. Since the establishment of social security system, it designed according to different groups of people to pursue rapid expansion in its coverage. As a result, more and more people benefit from social endowment. But with the development of urbanization, the population mobility grows fast, thus the current social security system can-not meet the demand of people. Chinese endowment insurance still has problem of low level organization, inconvenient transferability and unsound personal account. Endowment insurance hasn’t exert the functions of regulation and mutuality, which it was first designed for. It reduced efficiency of management and handicap the interregional flow of labor. According to the findings from audit of basic social endowment carried out by the audit administration in August2012, the leakage of insurance among the social endowment group is sever, the number of duplicate insurance is huge. This required higher quality of basic social endowment coverage. In the background of the European credit crisis, government should recognize the importance of introduction of the cost of aging to the financial evaluation system and ascertain the reform of top design of social endowment system. Integration of urban and rural basic endowment insurance system is the basic way to solve the "fragmentation" problem of the basic endowment insurance. Along with society "aging" intensifies, pension and health problems have increased as the number one problem in every stratum of society attention. The differences between urban and rural endowment insurance has become another embodiment of unfair distribution."Twelfth Five-Year Plan" on the social security pointed out clearly that the status of the endowment insurance shows "fragmentation". The State Council decided to launch the pilot project for new rural social endowment insurance in2009, and pilot project for urban social endowment insurance in2011, and achieve to full coverage of the system of urban and rural social endowment insurance in2013. In February7th,2014, the State Council decided to establish the system of basic endowment insurance for urban and rural residents, the payment, financing, and treatment specific ruled by the new system are approximately the same as the type of rural social endowment insurance and urban social endowment insurance made before. This essay argues that China has currently achieved the merging of the basic endowment insurance for urban residents and the new rural insurance. The only way to safeguard the implement of endowment insurance and ensure its "three steps" strategy is to take further security measures. Based on the fact that the system of basic endowment insurance for urban and rural residents has been carried out, this study focuses on the analysis of the further implementation after tracking the system of basic endowment insurance for urban and rural residents. Therefore, this article is based on the integration of the system of the rural basic endowment insurance and the urban basic endowment insurance. By analyze the dilemma of the implementation of the system for urban and rural basic endowment insurance integration to study the path to the integration of basic endowment insurance.This paper can be divided into five parts. Through the analysis of the research background and significance, define the scope of the study and related concepts, using a variety of analytical methods, determines the research frame work combined with the domestic and foreign research present situation. The second part introduces the theoretical basis and the reality of the basic integration of urban and rural pension insurance. The third part introduces the path of the basic integration of urban and rural pension insurance. Through the comparison of the different pension insurance mode with local characteristics, and analysis of the basic integration of urban and rural pension insurance dilemma. Then the paper makes recommendation from the payment standards, funding mechanisms, management department, and applicable people. The fourth part is the safeguard measures to realize the integration of the basic pension insurance, through legal, institutional, compensation measures and operational mechanism to ensure the implementation of the basic pension insurance integration. The fifth part is the summary and prospect. The article proposes the conclusion and prospect the path of the basic integration of urban and rural pension insurance.This article focuses on two aspects theory and practical analysis of the current status and problems of China’s basic pension insurance system, in the perspective of domestic pension insurance mode with regional characteristics, summarize the dilemma of basic pension insurance system integration. Based on the purpose of solving the dilemma, make recommendation of basic pension insurance system integration combined with various regions of pension insurance characteristics. Put forward the formula "individual responsibility index"=individual income balance*M%/local per capita disposable income, through calculate the affordable payment burden, to capture to select the payment grade which determine the choice of standard grade; By increasing the fund investment category, select the appropriate investment portfolio fund to improve the pension insurance fund system; establish the unified pension insurance supervision institutions, and gradually establish and implement the pension insurance online management; through the implementation of "social insurance card", build "Everyone has an account" social security account, to extend the applicable group of the basic pension insurance. Through the system design of the these four aspects to the progressive realization of the new agricultural insurance, basic pension insurance of urban residents and basic pension insurance of urban workers, so as to realize the full coverage of the urban and rural pension insurance on real significance.