Research On The Pricing Of Financing For The Pension Industry

Our country is in a planned economy to market economy, the transformation of the transition system arising from the change, social structure transformation and the change of ideas, and the development trend of "not rich first old", lead to ageing problem with social transformation and economic transition are intertwined, and old people have a relatively low level of social security, pension services lack of funding support, pension industry development lags behind, the basic pension is weak in the party and the increasingly prominent problem. Due to the weak economic foundation, old age security, elderly welfare at an early stage for a long time, shortage of funds has become the crux of the development of pension industry. Money as key elements of the industrial construction, play an important supporting role in any industry, is currently in relation to old-age service industry policy can effectively implement. Due to the public welfare pension industry, which in turn leads to the weak financial quality characteristics. Financial system is referred to as "hematopoietic system" of the modern economy, is the core of modern economy development, decides the speed and efficiency of economic development, as the limited factors, inevitable lack of financing and the problem of low efficiency of resource allocation, eventually make the industry facing situation of shortage of funds.This paper mainly researched the inadequate financing problems confronted by pension industry which conducted literature research method, quantitative analysis and case analysis. Through literature research method, this papper raveled out principles and concepts related to pension industry financing, this provides theoretical basis of this research. Meanwhile, this research conducted contrastive analysis through the pension industry financial model of American, Japan, Canada, etc. for the purpose of drawing some lessons to Chinese pension industry financing model. The problems of Chinese pension industry of this research lists as following:weakness of financing body; inadequate of endogenous financing; inaccessible of exogenous financing channels; exceedindly depond on government financial support. Thus, there are some measures suggested according to the problems of Chinese pension industry, like accelerating development of chinese pension industry, improving profitability of pension institutions, dredging internal financing channels, promoting innovation of pension industry financing form to realize diversification of financing models and promoting the innovation of government regulations and plans.This paper is aimed at create a pricing form of pension industry financing. In other words, the logical relations between loan interest rate and financing cost, and government supportive, and realization of pension industry assets, and payment time of pension industry. The applied model of pension industry is exampled as Binzhou socail endowment service center. This conducted analysis to pension industry financing pricing. Through this research, it provides references to the financing pricing of Chinese pension industry and accelerates sound development of Chinese pension industry.