An Analysis Of The Systematic Order And Financial Sustainability Of Basic Old-age Insurance For Urban Employees

The balance of income and expenditure of basic old-age insurance for urban employees is an important indicator of its sustainability.In recent years,the Chinese government has successively carried out measures such as reducing the payment rate of insurance,adjusting the payment base of insurance and reforming the collection institution,so as to ensure that the fund is sufficient and reduce the burden of enterprises and individuals to pay insurance.All kinds of measures will certainly affect the financial sustainability of insurance.However,in the process of the historical development of endowment insurance,the orderly degree of the open insurance system will also affect the sustainability of the system.Therefore,from the perspective of dissipative structure and actuarial balance,this paper analyzes the orderliness and financial sustainability of the insurance.By evaluating the orderliness of insurance system in the historical development(1998-2018)and predicting the future(2019-2035)financial sustainability of the insurance.According to the important influence index of system order,the paper provides the direction for the adjustment of financial sustainability parameters,and then puts forward some suggestions for the system order and financial sustainable development.The analysis of the order of insurance system is an overall evaluation of the historical development of the system.First of all,according to the theory of dissipative structure,this paper constructs the entropy change index system of the insurance,explains the primary and secondary indexes,and specifies the index parameters;then,it uses the entropy change total model of the insurance,which is divided into the time series model of the insurance and the index model of coordinated development and comprehensive development.The entropy method is used to analyze the relationship between index and category entropy,then to evaluate the total entropy of the system as a whole,and finally to analyze the coordinated development of the insurance system and the external economic system.To sum up,evaluate the order of the insurance system.Conclusions: the continuous growth of collection income and the steady increase of insurance participation rate maintain the stability of support type output entropy;while the decline of collection rate and reduction of legal payment rate lead to the increase ofsupport type output entropy.The increase of payment compliance and actual payment rate weakens the trend of entropy increase of pressure type input,while the increase of actual payment rate weakens the trend of entropy increase of pressure type input.Keeping the fund sufficient and increasing the value-added rate of the fund will effectively reduce the regeneration entropy of the insurance.At present,the external economic system gives negative entropy to insurance,and the insurance system is in the initial stage of orderly state.They are also in a good coordination stage.The reform of social insurance collection organization promotes the financial improvement of insurance fund by improving the payment compliance of employees in insurance enterprises,so as to weaken the impact of reducing the payment rate and adjusting the payment base on the increase of fund gap.Compared with the situation of reducing the payment rate,the reform of tax collection institutions will affect the gap of pension fund by 1-3 years,and can guarantee the same situation with no policy intervention,which will "hedge" the impact of reducing the rate to a certain extent.The long-term sustainability of insurance can be effectively guaranteed by the expansion of the insured rate and the continuous increase of government financial subsidies.According to the conclusion of the study,this paper considers that it is necessary to improve the payment compliance,the collection rate and the reduction of the payment rate,encourage the flexible employees to choose a higher level of payment base,implement the central adjustment system of the insurance and promote the national overall planning of the insurance,improve the participation rate of enterprise employees,promote the market-oriented investment and operation of insurance funds,and establish a dynamic coordination mechanism between insurance system and economic development.