The Impact Of Delayed Retirement On The Redistribution Effect Of Basic Old-age Insurance For Urban Employees

With the continuous improvement of the economic level,the aging of the population has become a global problem.The change of population structure caused by the aging of the population has aggravated the burden of the young people and the balance of pension payment is difficult to maintain.China's social endowment insurance system after more than 20 years of reform and development,although has made considerable progress,but the pension gap problem still exists,the government finance in the pension payment subsidies increased year by year.In order to get rid of the plight of the pension gap,academia and politics have appeared to delay the retirement age of the voice.But is the retirement age as an important parameter in the design of the old-age insurance system.Does the delayed retirement affect the redistribution effect of the basic old-age insurance for urban workers?With this problem,this paper studies the change of the redistribution effect of the basic old-age insurance of urban workers under different retirement ages from the perspective of retirement age.First,according to the Chinese household income survey 2013 survey data(CHIP2013)and the individual wage forecasting model,the income distribution of the individual's salary income is estimated,and then the lifetime payment and lifetime pension payment are measured by the pension insurance actuarial model.The present value is used to calculate the lifetime net benefit and the net rate of return for all individuals.In order to explain the degree of redistribution effect in different retirement ages,this paper constructs redistribution according to the construction idea of Gini coefficient Effect coefficient to measure the degree of redistribution effect.Finally,according to the conclusion of this paper and the actual operation of the basic old-age insurance of urban workers in China,the corresponding policy recommendations are put forward in order to reduce the rational retirement of the retirement age in the context of population aging,resistance.