The Research Of The Influential Factors Of Civil Servants’ Occupation Pension- Based On Actuarial Model

On December 23, 2014, vice premier of the state council Makai on behalf of the state council to the 12 th session of the 12 th meeting of the standing committee of the National People’s Congress made on promoting the construction of urban and rural social security system as a whole work report. Officially opened the prelude of the reform of endowment insurance "double track" in. On January 14, 2015, promulgated by the state council "about staff old-age insurance system in government institutions reform decision", the authority institution authority civil servants endowment security system reform make detailed planning. Civil servants office facilities construction of occupational pension, is an important part of the reform, is the system guarantee of the reform to run smoothly, also relates to the thousands of civil servants pension level after the reform in government institutions. Therefore, design and optimization of occupational pension system in government institutions in our country has far-reaching significance. In this paper, on the basis of through consulting a large number of domestic and foreign literature, from the following several aspects to studies the determinants of occupational pension:First of all, to the United States, the Netherlands and the UK pension security system, and the comparison of civil servants pension security system and research, analysis of changes in the world economy and an ageing population is increasing under the background of how countries through to the system reform step by step, so as to maintain healthy endowment security system run continuously. Through the national civil servants pension security system reform process of combing, explore the countries in the development of civil servants pension security system experience and lessons, for our country to build occupational pension agencies and institutions to provide the reference; Secondly, through the understanding of the state council on occupational pension to establish related documents, combined with the nature of the occupational pension, the discussion of the occupational pension system basic ideas, principles, goals, and for the establishment of the occupational pension actuarial model lay a theoretical foundation; Finally, based on occupational pension replacement rate of actuarial model, through the change of the different factors influencing parameters, the influence of various factors on the occupational pension replacement rate is to explore, to optimize the occupational pension system construction and optimization of Suggestions.The paper, results of previous studies and the development experience of other countries, public servants pension system based on the use of actuarial modeling tools to explore and explain the various factors on occupational pension replacement rate. This paper argues that the occupational pension system in the construction process, improve the timeliness of occupational pension fund investment rules and regulations related to construction, step up the establishment of China’s basic national conditions and tax incentives to proceed with structural and civil servants salary adjustment mode and delay retirement reform policy implementation, will effectively motivate public servants passion for occupational pension system, in favor of occupational pension system to provide appropriate and effective replacement rate, as well as occupational pension schemes may provide a strong guarantee a basic pension insurance for added support role.