Income Redistribution Effect Of Rural Residents' Pension Insurance In Hebei Province

Under the background of population aging in our country,the phenomenon of aging of rural residents is also very serious.The problem of providing for the aged in rural areas has become a problem that can not be ignored.In particular,in recent years,the "dual structure of urban and rural areas" is weakening.The income gap between urban and rural residents is gradually narrowing.Basic public services in urban and rural areas are also moving towards equalization.The process of rural urbanization is steadily proceeding.At the same time,due to the implementation of urbanization,it is an indisputable fact that the per capita arable land of rural residents is reduced.Therefore,the establishment of rural residents' pension insurance system is a major Huimin people policy that expands the income of rural residents and realizes that rural residents are always dependent and old-minded.At present,there are few researches on the redistribution effect of pension insurance in rural areas in China,but few in large provinces based on agricultural population.However,the study on the effect of redistribution of income on rural residents' pension insurance in Hebei Province is few.Based on this,this paper is devoted to exploring the development of rural endowment insurance in Hebei Province and analyzing the status quo of the implementation of the endowment insurance system,to explore the problems existing in the implementation of the rural endowment insurance system in Hebei Province.After that,by building the model of income redistribution effect of pension insurance and calculating net transfer of endowment insurance for insured persons,we can explore whether the effect of redistribution of pension insurance income is reasonable from the aspects of general payment subsidy,life span and payment period science.Then,on this basis,we further analyze the effect of redistribution of income on the implementation of two different pension insurance schemes,ie "multi pay much" and "long pay much".Finally,I hope to put forward scientific and reasonable policy recommendations for the future development of rural residents' pension insurance in Hebei Province through empirical research as well as to provide some reference for further improving the rural residents' pension insurance system nationwide in the future.The results of this study show that:regardless of the premium grade selected by insured persons,there is a positive income redistribution effect for rural residents'pension insurance in Hebei Province.However,according to the current Hebei Province rural residents' endowment insurance policy,the longer the insured persons choose to pay,the lower the net transfer rate of pension insurance.The lower the premium grade selected by the insured person,the higher the net transfer rate of pension insurance.Therefore,from these two perspectives,the income redistribution effect of the existing rural residents' pension insurance system in Hebei Province is regressive.In order to encourage the insured to continue paying their contributions and ensure the sustainability of the pension insurance system,the existing policies should be improved and a reasonable incentive policy of "multi pay much" and "long pay much" should be implemented in order to motivate the insured to choose as long as possible a contribution period and as high as possible a premium grade.