Empirical Research On Factors Influencing The Treatment Level Of Urban And Rural Residents' Basic Old-age Insurance

In recent years,the economy has been developed rapidly while the aged population has become common even from a global perspective.The pension issue is thus mostly concerned by urban and rural residents.In 2014,the State Council issued the No.8 document and integrated the basic old-age insurance system for urban and rural residents.At present,the basic old-age insurance for urban and rural residents has been implemented for many years,and its effect has been proved through practices.However,some problems have been found during the system's implementation,especially in the treatment level.This has a bad effect on the system.Selecting Jiangmen City as the research object and combined with the related basic theories,this paper utilizes the principle of the social insurance actuarial to construct treatment model for urban and rural residents,and calculate the treatment level.It also analyzes the important factors that affect the level of treatment,such as the individual payment status,the number of years insured,and the income from investment of the fund.According to the results of calculation,and the practical situation in Jiangmen City,this paper further explores existing problems and their causes,and forwards the countermeasures and suggestions to improve the treatment level of basic old-age insurance for urban and rural residents.It aims to advance the development of the basic old-age insurance system,and promote the integration of the basic old-age insurance system in Guangdong Province.