Research On Pay-as-you-go Pension Moderate Contribution Rate Of Public Institution

The reform of old-age insurance in government organs and public institutions has taken substantial steps to break the "dual track system" of old-age insurance.At present,the reform is still in the initial stage,so we should speed up the structural reform of the endowment insurance for urban workers as a whole,and improve relevant policies in combination with the top-level design of the endowment insurance system.Among them,the appropriate endowment insurance contribution rate is the key problem that needs to be studied and solved.The contribution rate of endowment insurance is not only related to the long-term financial balance of endowment insurance,but also related to the sustainable development of endowment insurance system.This paper calculates the appropriate contribution rate of the pay-as-you-go pension insurance for government institutions by constructing a model of appropriate contribution rate,and designs the adjustment path of the contribution rate.Therefore,the research results of this paper have important practical significance and social value for the pension insurance reform of government institutions.This paper USES the method of empirical research to calculate the appropriate contribution rate of the pay-as-you-go pension insurance for government institutions and institutions,and tests the rationality of the calculation results.Aiming at the appropriate level,this paper designs the adjustment path of endowment insurance contribution rate,including the adjustment of the replacement rate of basic pension,the financial subsidy of endowment insurance contribution and the postponement of retirement age.The research shows that the appropriate contribution rate of the pay-as-you-go pension insurance for government institutions is 15%,and the appropriate replacement rate of the corresponding pension insurance is 25%.In the process of adjusting the replacement rate of endowment insurance so that the contribution rate of endowment insurance will approach the current contribution level of 16% or even the moderate contribution level of 15%,there will be a gap between fund supply and demand,and the government needs to subsidize the contribution of endowment insurance.When the replacement rate of the existing endowment insurance is maintained,the financial department needs to provide "large-caliber" subsidies for the endowment insurance payment.After the replacement rate is adjusted,the fund supply and demand gap can be made up to some extent.The financial department only needs to provide "small-caliber" subsidies for the endowment insurance payment,and the proportion of financial subsidies decreases.To some extent,the delayed retirement plan will make up the gap between the supply and demand of endowment insurance funds and relieve the pressure of fiscal subsidies.Combined with the research conclusion,this paper puts forward some countermeasures and Suggestions in adjusting the replacement rate of endowment insurance,planning the financial subsidy of endowment insurance reasonably,postponing the retirement age at a certain time,and realizing the maintenance and increase of endowment insurance fund.