The Effect Of Delaying Retirement On The Income And Expenditure Of Pension Insurance Funds

Based on the background of delaying retirement and pension merger,we established the indicators of delay retirement effect index,then we calculated the per capita amount on the basic endowment insurance fund by delaying retirement and calculated the proportion of per capita impact and per capita contribution.According to these,the effect of delayed retirement on the basic endowment insurance fund is analyzed quantitatively.In this paper,through the establishment of the basic endowment insurance fund income and expenditure model for enterprise employees and institution staffs and the parameter hypothesis,we figured out the respective impact of the two groups and analyzed the delay retirement effect index.This paper considers that delaying retirement has important effect on fund of primary endowment insurance,it can achieve the same effect as raising the contribution rate without raising the payment rate.In terms of the effect of delayed retirement on men and women,there was no significant difference in the impact value of the basic endowment insurance fund for men and women.For the enterprise staff and authority institution,the same number of years of delayed retirement will have different impacts on the basic pension insurance fund for enterprise employees and government institutions.Delay retirement increased the same working fixed number of year,the effect of the basic endowment insurance fund for enterprise employees is greater.In addition,this paper also introduces the influence of the seniority pay,because people who have delayed retirement are generally older,and these people's wages are higher than the social average,so the results will be low if we ignore the effect of seniority pay.Therefore,the proportion of seniority pay in total salary will also have a recessive effect.Based on these conclusions,this paper puts forward that delayed retirement is an important measure to alleviate the income and expenditure pressure of the basic endowment insurance fund,we should pay more attention to the effect of delayed retirement.The time of implementing the delayed retirement policy does not affect the implementation of delay retirement.Therefore,the implementation of the delayed retirement policy can choose the appropriate time to carry out,such as according to the employment rate,economic growth rate and other economic factors.At present,the reasons for the gender difference of the basic endowment insurance mainly lie in the difference between the total number of contributions and the total number of recipients,as a result,it is important to unify the retirement age of men and women.The effect on delaying retirement is different for authority institution and enterprise worker,so in order to obtain the same effect,there should be a difference in the setting of the retirement age.It is necessary to pay more attention to the relationship between the proportion of seniority pay and the effect of postponing retirement.