A Study On The Path Of Reducing The Basic Endowment Insurance For Urban Workers

As one of the core parameters of endowment insurance system,payment rate is not only related to the fairness of endowment insurance burden and system solvency,but also related to the stable operation of micro enterprises and the sustainable development of macro economy.At present,the basic endowment insurance system of urban workers in China is in a dilemma of rate adjustment.On the one hand,with the economic development entering the new normal and the high enterprise payment rate,the government is required to take the cost reduction as the primary task of the reform of the endowment insurance system;on the other hand,the coming of the aging population endangers the economic basis of the long-term stable operation of the endowment insurance system,and the risk of fund imbalance is increasing,which puts forward higher requirements for the financial operation of the endowment insurance fund.In this context,to explore the way to reduce the cost of basic endowment insurance for urban workers has become a hot research topic.This paper uses the method of theoretical analysis and simulation calculation.Firstly,it analyzes the current situation of the payment of basic endowment insurance for urban employees and the reasons of reducing the payment.It is found that the low efficiency of internal collection and the polarization of regional differences are the important factors that lead to the imbalance of basic endowmentinsurance fund income and expenditure.Based on this,through the construction of actuarial model,this paper studies the cost reduction space of basic endowment insurance units of urban employees in each province under the optimization of system parameters and the effect of central reallocation.The main conclusions of this paper are as follows:(1)The optimization of system parameters can improve the financial operation of endowment insurance funds to a large extent.Without considering financial support,the system coverage,compliance rate and payment base are increased to 90%.There is a space for reducing fees in 24 provinces in China,and only 8%of the payment rate is needed for Guangdong as a province with large population to flow into Balance of payments.(2)As one of the important means to adjust the regional balance of the fund,the central reallocation system makes up the fund payment gap of the unbalanced provinces by balancing the fund income among the provinces,alleviating the pressure of financial subsidies,making more provinces also have the space to reduce fees,fully reflecting the reallocation effect of the central reallocation system.(3)Expanding the coverage of the system,the base of the actual payment,the parameter optimization policy of improving the compliance rate and the redistribution effect of the central coordination system have brought the space of reducing the fees for most provinces,but they can't change the situation that some provinces with insufficient endogenous power can't receive or offset the expenses,and they still need the financial transfer payment of the government.(4)The long-term balance of endowment insurance is based on the reasonable operation of various parameters,which is closely related to population,economy and policy.In order to deal with future fund payment risks,it is imperative to explore more ways to reduce fees and increase income.