Exploring Occupational Annuities Based On The Perspective Of Pension Replacement Rate

January 15,2015,Chinese state council issued the staff old-age insurance system in government institutions reform decision ",ended decades of Chinese pension double-track mode,open the new stage of China's endowment insurance monorail operation."Decision" to make our country enterprise or business the unit staff enjoy unified pension insurance system,greatly promoted the social fair and stability,to the construction of a harmonious socialist society.At present,China's aging population problem is very serious,the elderly population in China is close to 15%,the proportion of people endowment has become one of social inevitable problems in our country.Endowment insurance reform in government institutions in accordance with our country "more pay more,less pay less,don't pay shall not be" the basic train of thought,reform the original all the financial allocation mode of payment,make staff pension agencies and institutions according to their working salary level and capture to expend fixed number of year,the number of receive retirement is also no longer is 75%-90% of the "one size fits all" model.But that greatly influence its staff after retirement pension treatment,the number of pension fell significantly than before,and the agency institution unit staff's work enthusiasm caused great blow,also seriously cut the authority institution to attract talent,because most of the agencies and institutions is composed of organs of state government and science-education-culture-health department,the move to a certain extent,not conducive to China's overall national strength of ascension.April 6,2015,the state council promulgated the measures for occupational pension agencies and institutions,by trying to the lack of occupational pension after years of refusing to make up for the reform."Method" regulation occupational pension for a complete coverage of all the staff in government institutions in our country,and payment in accordance with the proportion of individual pay,4% unit pay 4% directly into personal accounts,to specialized management institutions to manage annuity investment operations,countries establish unified regulation,investment model is relatively flexible,investment income directly into personal accounts,and in the aspect of extracting also can be extracted on the basis of individual apiration one-time or by several times.The paper through to the global occupational pension development course of exploration,combined with the theory of global development of occupational pension,analyzes the occupational pension in different countries around the world to raise and the payment method,and compared the advantages and disadvantages of various methods through comparing the indicators of DB mode and DC mode,combined with China's specific situation and the development trend of current international,find out the suitable for the situation of our country's occupational pension to raise payment method.Through to the personnel in government institutions since the reform basic pension replacement rate,individual account pension replacement rate,and the new occupational pension replacement rate,calculate the different type of work,the basic pension and retirement age occupational pension replacement rate level,through calculation results,targeted for different types of retirees were analyzed,and the analysis of occupational pension to influence after the reform of pension agencies and institutions,expounds the necessity of occupational pension.To find workers in government institutions since the reform in the basic endowment insurance and supplementary endowment insurance problems,especially for the special groups and disabled,disabled while on duty or lose labor ability completely,and the pensions of female employment population,lack of problem is analyzed,combining with specific issues relevant countermeasures and Suggestions are given.