The Research On New Rural Social Endowment Insurance Fund Balance Of Payments And Its Influencing Factors In Jingyang Area, Sichuan Deyang City

New rural social pension insurance is state-sponsored social security system aimed at providing basic subsistence for the rural elderly. Since 2009 it was started in Jingyang, has been the strong support of the region’s farmers, the insured person has experienced good growth period to smooth stage, so far, the new agricultural insurance in the region has reached full coverage. However, with the continuous development of the national economy, the price level in recent years maintained a gradually rising trend, the pension of new agricultural insurance in Jingyang price environment is extremely low, the action of its offer is almost negligible. Meanwhile, the country gradually into the aging society, the aging situation of Jingyang also is not optimistic, and the resulting increase in the elderly population, the relative reduction in the number of actual payment, bring a heavy burden to the new agricultural insurance fund, and with the aging of the deepening and increasing. In this case, the new agricultural insurance pension fund need to face some questions:the pension needs to be improved, the elderly population is growing, increasing pressure to pay, challenge of sustainable development has been greatly questioned.In this paper, under the guidance of the theory of social security, supply and demand, etc. Through the new agricultural insurance settlement data was analysed to understand its income, expenditure and balances, then its pension payments standards was assumed, so as to meet the real security needs of farmers, we discussed the gap between the level of protection and farmers’real needs. Based on these findings, the paper analyzes the reasons causing the status and specific factors, and through the data projections of future balance of payments, investigate the impact of various factors, the direction of action, the space can be adjusted. Finally, drawing in the financing, operational experience of other countries farmers’social insurance on the proposed specific recommendations.Conclusions of this study:New rural social pension insurance in the current operation of the system, there is a risk of unsustainable development. The main factors in that:the individual contribution rate is low, a serious lack of government financial input, low management level lead to low profitability, pay pressures caused by an aging population is increasing. According to this case, in order to ensure the sustainable development of new agricultural insurance, these four aspects must be improved. Based on this, the paper propose new agricultural insurance to improve financing and operating mechanism and improving farmer’s individual contribution within a reasonable range, greatly enhance the financial investment step by step, to improve the overall level and the management level, need to recognize the introduction of third-party institutions to reduce stress.