The Influence And Countermeasure Of The Empty Account Of The Basic Endowment Insurance Individual Accounts Of Urban Enterprises In China

The pension insurance system is a core component of China's social security system and is related to the life of all citizens in the later years and the stability and unity of society.In order to better meet the needs of social development and protect the interests of tens of millions of families,China implemented a deep reform of the old pension insurance system in 2007.This is the first time that China has incorporated a personal account into the pension insurance system and established a model that combines a unified account with a personal account.The basic endowment insurance system for employees of urban enterprises in China has been established for more than 20 years.However,with the aging of the population and the changes in population structure,the management model of the basic old-age insurance system for urban enterprises in China combined with social pooling and individual accounts,especially the personal account management model,has entered a new state.As a result,the public has increased the focus on the size and operational efficiency of individual accounts,and the “account empty” phenomenon of individual accounts has become a “cancer” for the continuous development of the pension insurance system.With the end of 2015 as the termination period,China's personal accounts have been owed 4.7 trillion yuan.This will directly affect the elderly life of hundreds of millions of people and the stability of China's social security system.The long-term and wide-ranging impact of the “empty account” problem on our country has determined that we still have a long way to go in researching and improving the pension insurance system.Therefore,I chose to keep up with the pace of my predecessors in order to obtain A bigger breakthrough to solve this problem.This paper uses the literature research method and the data analysis method to elaborate the principal-agent theory,long-term actuarial balance theory,life cycle hypothesis and overlapping generation model of the individual pension insurance personal account system of urban enterprise employees in China.On the basis of these theoretical studies,the origin of China's personal account empty account is discussed,which is divided into historical reasons and realistic factors.The historical reason is that China's system changes too much,resulting in heavy burden of conversion costs,personal account management is not standardized,personal account supervision Did not do well.The practical factor is that since China implements mixed management for the unified accounts and individual accounts,the fund operation efficiency is low,which is not conducive to the appreciation or even maintenance of the original value of the pension.The fund investment method is single,and the payment and punishment mechanism is not perfect,resulting in the personal account funds being Misappropriation,unbalanced regional development,unbalanced income and expenditure in the pension insurance pooling account,poor management of insured data,inconsistent accounts,and serious population aging.After analyzing the causes of the operation of the personal account's empty account,combined with the relevant published data and policies,this paper analyzes the current situation of the empty account operation of the basic endowment insurance personal accounts of urban enterprises in China,from the perspective of the masses,institutions,economics and society.Describes the impact of the operation of personal account empty accounts on our country.Finally,by referring to the reform ideas of foreign individual accounts,this paper proposes a realistic way out of the improvement of China's personal accounts,and proposes countermeasures from the provincial level,accounting,security and supervision for the newly introduced central adjustment system.