Reduction Of Endowment Insurance Rate,Insurance Benefits And Expansion Of Domestic Demand

Since the 21 st century,China's aging population has intensified,and the burden of endowment insurance has increased sharply.The high enterprise contribution rate causes many small and medium-sized enterprises to be overwhelmed by the heavy burden,the appeal which reduces the social security rate has a long history,raises the pension treatment is the earnest hope of the enterprise worker and the retiree.Firstly,by introducing the function of 0-1 variable,this paper analyzes the influence of enterprise(individual)contribution rate on pension in three categories according to different contributions,and compares the pension through the construction of model,theoretical derivation and numerical simulation to obtain the results.Then,in the case of both enterprise and individual contributions,the paper introduces the factors of consumer loans.The relationship between the proportion of consumer loans in wages,corporate and individual contribution rates on consumption per person,pension per person and physical capital per person was studied.It is found that the corporate contribution rate is inversely u-shaped to the pension benefits per person,and the optimal social pooling contribution rate is within the range of 14%-15%.The ratio of consumer loans to wages has a great positive impact on all economic variables,especially consumption per person.Therefore,on the premise of the state's “supply-side reform”,this paper draws the conclusion that the enterprise's contribution rate should be reduced appropriately and enterprises must pay enterprise's pension insurance for workers and encourage consumer loans.It can effectively expand domestic demand,can improve the pension at the same time,so as to protect the laborer after retirement life,achieve the result of kill two birds with one stone.