Actuarial Study On The Rural Pension Insurance In China

In these year, sour country facing serious aging of population the main point to solve this IS establish a maturity rural social pension insurance system.This paper briefly describes the development process of China's rural pension insurance system, introduces the basics of life insurance actuarial theory and Tianjin's current rural pension insurance system. According to the current rural pension insurance system in Tianjin, this paper makes some basic assumptions, combined with the theoretical knowledge of life insurance actuarial, established the actuarial model of rural endowment insurance fund in Tianjin and the implicit debt actuarial model of rural pension insurance in Tianjin, and obtained the corresponding results.Firstly, utilization Tianjin's rural pension insurance fund income and expenditure model established, based on Tianjin's rural data,this paper obtain the premium payment rate of rural residents in Tianjin, after 60 years of age receive annual pension and pension replacement rate. And to compare with Rural Residents in low standards and the Engel coefficient, this article obtain a conclusion which is the Tianjin's current rural pension insurance to meet the basic two standards that the Tianjin's current rural pension insurance can afford to pay, afford to raise.Secondly, this paper divides the rural residents of Tianjin into three categories: "old man", "middle man" and "new person". This paper estimates the implicit debt in the closed state, namely, the implicit debt of the Tianjin's rural pension insurance, which is considered "old man" and "middle man". From the results of the calculation, the hidden debt scale of the Tianjin's rural pension insurance is high.Finally, this paper puts forward the suggestion that the Tianjin's current rural pension insurance policies should promote the early payment, the delay of the pension age, and so on.