The Impact Of Delayed Retirement On The Pension Of Urban Workers Research

Retirement policy is not only a major policy concerning the national economy and people's livelihood of a country,but also involves various interests.China's current situation has undergone tremendous changes: the rapid increase in the aging population,the increasing burden of social pension,the gap in pension funds and other issues,all force China to reform its retirement policy,and delay retirement is in the process of brewing.It is directly related to the sustainable development of China's endowment insurance that what kind of scheme delays and what kind of impact delayed retirement will bring to people's lives.Therefore,the impact of delayed retirement on pension payment and income of urban workers is chosen as the starting point of the study,and preliminary analysis and discussion are made.Firstly,based on the national conditions of our country,this paper analyses the problems existing in the current retirement policy,reviews the development history of the retirement policy in the social security system since the founding of the People's Republic of China,summarizes the research status of the relevant theories of delayed retirement by domestic and foreign scholars,and uses the life cycle and intergenerational alternation theory to build up the overall low retirement age existing in the current retirement policy.The necessity and urgency of implementing the policy of delayed retirement in China are demonstrated in the aspects of waste of human resources and non-payment of endowment insurance.Secondly,on the basis of summarizing the main characteristics of the delayed retirement reform in Sweden,the United States,Japan and Germany,this paper chooses the mode of social insurance survival annuity,constructs and calculates the actuarial model of the total pension contribution and the total income level of urban workers in the future by using the employment life table of China.Among them,according to the current situation of our country,we calculate the total pension contribution and total income level of urban workers and the replacement rate of individual account pension under the premise of different insurance years,different retirement ages,different genders and different deferred schemes.We find that the impact of deferred retirement age on the total pension contribution and total income of urban workers and the real life interest rate of employees.Relevant;Although the effect of delayed retirement is not very significant to make up for the current pension gap,its cumulative effect over time can promote the improvement of pension investment and operation system;moreover,compared with delayed retirement schemes,step-by-step and step-by-step delayed retirement schemes are more preferable in alleviating pension pressure or in terms of substitution rate.Thirdly,based on the data analysis of the calculated results and combined with international experience,this paper puts forward some suggestions for China's impending delayed retirement: propaganda work and legislative protection should be done well in advance before the delay,the combination of delayed statutory retirement age and flexible retirement system should be combined,the process of delayed retirement age should be promoted step by step,and the total range of delayed retirement age should not be changed.Should be too large,do a good job of preserving and increasing the value of old-age insurance funds.