Research On The Legal System Of China's Commercial Insurance Participating In Rural Endowment Insurance

At present,China is inevitably moving towards an aging population,facing the situation of “not getting rich first”,and the problem of old-age care is becoming increasingly prominent.The development of urbanization has attracted a large number of rural laborers,resulting in a rural population that is far more aging than cities.Since the 1980 s,China has begun to explore the rural endowment insurance system.After years of exploration and experience,we finally established the urban and rural residents' pension insurance system in 2014,and gradually benefited all rural residents in the following years to ensure The rural residents have a sense of support.Of course,the establishment of urban and rural residential insurance system does not mean that the problem of old-age care for rural residents has been solved once and for all.China is committed to building a “three-pillar” system of pension insurance,in which commercial insurance plays an important role.However,due to the relative backwardness of rural economic development and the limitations of the insurance industry,commercial insurance has not penetrated into rural areas.The “three pillars” system of rural pensions still has a long way to go.The commercial insurance participation in the rural old-age security system is inseparable from the construction of the legal system.The author hopes to explore the legal path to promote the accelerated development of commercial insurance in rural areas through the study of the two.In addition to the introduction,this article is divided into four parts.The first part is the introduction of the origin and development of rural endowment insurance and the analysis of the problems existing in the current rural old-age security system.Through analysis and discussion,it points out three main problems faced by China's current rural old-age security: First,the operation efficiency of pension funds is low,and it is difficult to maintain and increase value.Second,basic old-age insurance has low security for rural residents and lacks normal growth mechanism.Third,the provision of rural old-age care services is insufficient and legislation is lagging behind.The second part analyzes the realistic conditions and experience of commercial insurance participation in rural endowment insurance.From the perspectives of the construction of multi-pillar pension insurance system,meeting the needs of rural population structure change,alleviating the value of social security fund,and meeting the development needs of commercial insurance industry,the motivations are discussed from the perspectives of commercial insurance,national policy support and rural areas.Economic development discusses its advantages from three perspectives.In terms of experience,it mainly enumerates the examples of commercial insurance institutions participating in pension insurance in the “Yixing Model”.From the "Yixing Model",it is concluded that the commercial insurance institutions can further participate in the operation of the endowment insurance fund on the basis of the experience of participating in the pension service.The third part is the construction of the investment management system of the basic old-age insurance fund by commercial insurance institutions.In view of the above-mentioned problems of insurance fund operation,the system construction plan is proposed,which is to strengthen the provincial government responsibility,improve the fund pooling level,establish a perfect fund investment manager restraint mechanism and improve the basic pension insurance fund investment supervision mechanism.The fourth part is the idea of entering the legal system of the rural insurance service market for commercial insurance institutions.It mainly discusses from the perspective of compliance analysis of insurance funds invested in old-age service organizations and the establishment of a legal system for rural pension service institutions.This paper aims to put forward various suggestions for improvement from the legal level,explore the effective path of commercial insurance to participate in the rural old-age security system,and promote the full participation of commercial insurance institutions in the vast rural pension market,so as to achieve both the relief of rural pension problems and the ability to A win-win goal for the benefit of the insurance industry.