Research On The Income Redistribution Effect Of Rural Social Endowment Insurance

At the end of 2019 and the beginning of 2020,the Communist Party of China and the state have come to a new era.Socialism with Chinese characteristics has entered a new era.Under the new era,the new major social contradictions have been transformed into the contradiction between the people's growing needs for a better life and the unbalanced and inadequate development.2019 marks the 70 th anniversary of the founding of the people's Republic of China.Similarly,in 2020,China will complete the first Centennial goal of building a moderately prosperous society in an all-round way.The task of completing the second Centennial goal of China in the middle of this century is in front of us.It can be said that our achievements in the past are brilliant and our tasks in the future are arduous.The vigorous development of economy is accompanied by new problems and contradictions.The most prominent problem and contradiction is the large income distribution gap.Under the background of "urban-rural dual structure" and population aging,the large income gap has become intersection of social contradictions.The imbalance of development in the new society is reflected in the imbalance of urban and rural areas from the perspective of regional imbalance.It can be said that rural areas are still short board to achieve goal of building a moderately prosperous society in an all-round way and achieving balanced and full development.The report of the 19 th National Congress of the Communist Party of China points out that we should "perform the government's function of redistribution,narrow gap in income distribution".It's necessary and significant to study income redistribution effect of rural social endowment insurance.At present,there are few studies on the income redistribution effect of rural social endowment insurance in China based on large agricultural province and large population province,and few studies on Guangxi and Henan Province as an example.Based on this premise,from two aspects of theoretical research and empirical research,domestic and foreign experts and scholars' research on social endowment insurance and income redistribution of rural social endowment insurance are sorted out,summarized and summarized,through literature summary,grasp the latest trends of the current research,and research content,methods,innovation and shortcomings of the brief It should be narrated.Secondly,it carefully combs the evolution process of the rural social endowment insurance system in Guangxi and Henan and the current situation of the income inequality of rural residents.Based on 915 valid questionnaires collected from household survey in XX County of Guangxi and XX,XX County of Henan Province,an actuarial model of pension property is established to estimate the future pension property of the retired and the non retired.The actuarial present value of benefits and Lorentz curve of pension income based on absolute value are constructed to visually compare the changes of income inequality before and after pension is included,and further calculate the income inequality indexes such as range value,variance value,equal proportion,standard deviation and coefficient of variation to explain.In addition,by using cross-sectional data and regression analysis,it empirically tests the impact of gender,age,education level and non pension income on the inequality of pension income.Based on a series of results,the analysis shows that there is a problem of vertical distribution imbalance of pension,and age and age square have a significant impact on pension level at a significant level of 10%,the older the pension income is,the higher the pension income is.Generally speaking,the rural social endowment insurance system has played a certain role in regulating income distribution,playing a positive effect of income gap regulation.The income inequality indexes such as quintile ratio,decile ratio,coefficient of variation,Gini coefficient have declined after redistribution,but effect is weak.By comparing the differences between the two provinces to achieve the purpose of further analysis,this paper explores and finds out the reasons for restricting the income redistribution effect of the rural social endowment insurance system,and finds that the inadequate policy publicity,imperfect system design and lagged legislation restrict the income redistribution effect of the rural social endowment insurance system.It's suggested to speed up the pace of legislation,strengthen the publicity of the system,strengthen the financial support,and at the same time,make clear the key direction of financial investment.The financial funds of pension security should be focused on the underdeveloped areas and rural areas.In addition,we need to further strengthen the fairness of the rural social endowment insurance system,build a reasonable adjustment mechanism for the basic endowment insurance treatment of urban and rural residents,and build a higher quality social endowment insurance system with Chinese characteristics.Hope to provide ideas for the future rural social endowment insurance system to play a greater income redistribution effect,contribute little to promote the development of income redistribution of the rural social endowment insurance system in China,narrow the income gap to meet the people's growing needs for a better life.