Research On The Impact Of The Consolidation Of Pension In Government And Institutions On Lifelong Income

Under the market economy system,human resources should flow freely among enterprises,organs and institutions to realize the market-oriented allocation of human resources.Due to the different endowment insurance policies adopted by enterprises,institutions and institutions in China,the gap of pension benefits after retirement is relatively large.Human resources are hindered in the flow among enterprises,organs and institutions,and can not flow freely.In January 2015,the State Council promulgated the Decision on the Reform of the Pension Insurance System for the Staff of Organs and Institutions,which determined that the pension system for the staff of the Organs and Institutions should be in line with that of the employees of enterprises and implemented the same pension insurance system.Pension is the deferred payment of wages and the smooth mechanism of workers' income in their lifetime.After the unification of pension system,we should not only consider the change of pension treatment as a part of lifetime income,but also discuss the impact of pension amalgamation on public servants from the perspective of ensuring the stability of public servants' lifetime income.From the perspective of lifetime income,this paper uses the representative individual simulation method to select a variety of public servants with different wage levels,and quantitatively measures the impact of pension consolidation on the lifetime income of "newcomers".The study found that:(1)After the men's integration,the lifetime income decreased by 12.94%-27.22%,and the life expectancy of women after the merger was decreased by 23.80%-39.49%,and the higher the contribution base,the more the life income decreased.(2)Occupational annuity is very important to improve life-long income after merger.Compared with those without occupational annuity,the contrast coefficient of men's life-long income with occupational annuity decreases by 7.94%-9.06%,while women's decreases by 6.01%-6.86%.(3)Delaying retirement age can effectively narrow the lifelong income gap before and after pension consolidation.When the retirement age of low,middle and high-income male workers is extended to 65 years old,the lifetime income after merging is 96.41%,89.91% and 82.68% before merging;when the retirement age of low,middle and high-income female workers is extended to 65 years old,the lifetime income after merging is 92.36%,84.85% and 76.36% before merging.(4)After the reform of the personal income tax system,the tax payable for male employees after the merger can be reduced by 22.38%-55.56%,and female employees can be reduced by 28.72%-57.31%.The tax reduction effect of low-and middle-income workers is greater than that of high-income workers.