Study On Financial Sustainability For Urban And Rural Residents Endowment Insurance In LiCheng

July 1,2011,urban and rural residents social endowment insurance(hereinafter referred to as "resident insurance")at the national level pilot implementation.This is an important measure to deal with the aging problem of the rural elderly population in the process of urbanization in China.It is one of the important strategic plans of the CPC Central Committee and the State Council to improve the old-age security system for urban and rural residents after the new rural insurance pilot project in 2009.It means that the millennium long-cherished wish of "security of the elderly" in our country will be basically realized,thus helping to build a harmonious society to a great extent.Since the implementation of resident insurance is to implement the county as a whole,its biggest policy highlight is the government subsidies in place,local finance as the main expenditure of financial subsidies,its financial resources is the continuity of the residents insurance system and the implementation of the strength of the protection.In addition,on May 19,2016,CCTV made a special report entitled "where is my Rural Insurance?" and analyzed the whole development process of the predecessor of resident Insurance,"Old Rural Insurance." It is pointed out that the unsustainable causes of the old peasant insurance lie in the low government investment and the low level of treatment.Therefore,this paper selects Lei Cheng District,an old city with relatively difficult finance,as the research object,through the population structure of Lei Cheng District,Fengze District and Luojiang District.The situation of financial revenue and the implementation of resident insurance in Lei Cheng and Fujian Province are compared and analyzed horizontally to find out the factors that may affect the sustainability of resident insurance system in Lei Cheng.Through the analysis of these factors,this paper puts forward feasible solutions within the jurisdiction of the government of Lei Cheng District,so as to reduce the risk of payment of resident insurance treatment and improve the sustainability of urban resident insurance policy.Specifically,in order to measure the financial burden of urban resident insurance,this paper first forecasts the financial income,the number of insured payers and the number of people receiving benefits for 2017-2025 in Lei District,and then,According to the most likely treatment adjustment trend of resident insurance in the next 10 years,two kinds of treatment adjustment schemes are designed.Through the research and calculation of the scheme,the results show that when the basic pension level increases according to the standard of 15 yuan per year,the level of financial burden is increasing,but it has not exceeded the limit of 1.5%;When the level of treatment increases by a standard of 1% a year at the replacement rate level,the financial burden level exceeds the 1.5% limit,resulting in a funding gap.On this basis,through the analysis of the influencing factors of financial burden,the paper puts forward some measures such as entrusting investment operation,increasing the storage amount of individual account funds,increasing the employment rate of insured personnel,strengthening the fund financial security management,etc.In order to improve the level of treatment at the same time to reduce the financial burden,reduce the risk of payment,to ensure the sustainability of urban residents insurance system.