Sichuan Estimation Living Cost Of The Edged And Research On The Insurance Level Of New Rural Social Pension Program

Ensuring the elderly to be supported properly is the good tradition of Chinese culture as well as the constitutional guarantees of fundamental rights of the citizens. The population aging and the weakening security functions coming from the family and land make the old-age security problem to be a livelihood issue in Chinese rural areas. The implementation of rural social pension program and the construction of social security system is an inevitable choice when confront with the challenge and it is the approach for the government to improve the livelihood of the people. The key reasons for the failure of the Old Rural Social Pension Program, which starting at the 1986, are the defects of the institutional design and low level of the pension payment. In 2009, the government started to promote the New Rural Social Pension Program(NRPP). Compare to the old one, the New Rural Social Pension Program restructured the mechanism between the pension payment and the payment of the premium, it will be the basis of the rural pension system. However, the sustainability and the healthy operation of the new system depend on security level of the New Rural Social Pension Program.From the perspective of the rural elderly pension cost, Based on the review of the relevant research, combined with the theories, this paper do the research on the security level of the New Rural Social Pension Program, and gives the assessment of its security features. At last, in connection with the problems of the New Rural Social Pension Program puts forward the policy suggestions. First, Choose Yaan city and Meishan City as the sample areas, through the ways of questionnaires to investigation of the three parts of the living cost of the ole people in different age phase. On this basis, estimates the minimum cost of the living for the elderly sample areas through the methods of the minimum nutrition?Engel and Martin. Secondly, based on the data, from the three aspects of the individual labor?children support, pension income to estimate the income level. This paper found that the current New Rural Social Pension Program has many problems, such as not taken into account their ability to work for the elderly, neglected children support capabilities, the content of promotion is not clear, the lack of linkage with other policy issues. Finally, connect the specific situation in rural areas in Sichuan and the problems listed above, this paper proposes the policy suggestions of the establishment of a multi-level old-age insurance system, the establishment of high-precise identification systems, optimize incentive to improve insurance penetration, improve the pension support mechanisms, combined with other social security system, expand financing channels for the pension funds.