Research On The Payment Level For Urban And Rural Resident Pension Insurance Of Shandong Province

Under the historical background of increasingly aging population, Shandong Province realized the unification of social pension insurance for urban and rural residents in 2013, which marks a significant progress for urban and rural social security integration process. For four years, social pension insurance system for urban and rural residents in Shandong Province has developed in a steady and healthy way, insured rate has increased steadily, fund balance has expanded continuously, the basic pension has realized "Four times raised". Based on the practice of urban and rural resident social pension insurance in Shandong Province, this paper demonstrates its system operation process, fund income and expenditure, policy implementation significance, etc. Through the construction of social pension insurance consensus payment model and current policies, this paper respectively calculates basic pension and individual account pension and finds that the current pension payments cannot effectively protect the lives of urban and rural aged residents. According to the relevant policies, standards of basic pension and individual pension paying grades should be duly adjusted with the economic and social development practice. But there is no clearly defined adjustment basis, target and path yet. Therefore, this paper seeks to establish a dynamic adjustment mechanism so as to meet the development of economy and society.The core research is: Based on the current mechanism and the development status of urban and rural resident pension insurance in Shandong Province, this paper builds a social pension payment consensus model and then respectively estimates basic pension and individual account payment level. Through discussing the establishment of dynamic adjustment mechanism for basic pension and fixed-rate payment mechanism for individual account, urban and rural resident social pension insurance will be surely played an effective role in protecting the basic needs for old-age people.The content of this paper consists of four parts:The first part corresponds to the first two chapters, the first chapter respectively discusses the research background and significance, the domestic and international literature review, research methods and route, research content and structure arrangement; The second chapter demonstrates the related concepts and theories of urban and rural social pension insurance.The second part is the description of the current situation of social pension insurance, which mainly concentrated in the third chapter. Based on the reference data of Shandong Province statistical yearbook, this part specifically demonstrates the covering people, insured situation, fund income and expenditure, fund raising and paying system, pension qualification and significance of the policy implementation. This analysis provides relevant data and policy support for the third part demonstration.The third part analyzes the payment for urban and rural resident social endowment insurance of Shandong province, corresponding to the fourth chapter and the fifth chapter, which are also the core chapters. By combining the reality of Shandong Province in the fourth chapter, this paper constructs a consensus payment model of urban and rural resident social pension insurance. Under this circumstance, the fifth chapter respectively analyzes and predicts payment level of basic pension and individual account pension, and puts forward pension dynamic adjustment of the whole system.The fourth part mainly concentrates in the sixth chapter, which proposes the corresponding improvement strategies and suggestions. Such as optimizing pension raise and payment mechanism and relevant service mechanism, improving the income of the fund, maintaining rapid economic development, implementing a much fair and reasonable income distribution policy, laying a good foundation for linking up to the old-age insurance for employees, etc.