Investment for Growth -Improve the Level of Social Pension Security

被引:0
作者
Yin Chengyuan [1 ]
Fu Wenshu [1 ]
Yin Qiutian [2 ]
机构
[1] Hebei Univ, Sch Econ, Baoding 071000, Peoples R China
[2] Beijing Univ Aeronaut & Astronaut, Zhizhen Coll, Beijing 100000, Peoples R China
来源
PROCEEDINGS OF 2019 CHINA INTERNATIONAL CONFERENCE ON INSURANCE AND RISK MANAGEMENT (CICIRM) | 2019年
关键词
Pension; Social security; Aging; Entrusted investment;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
As the country with the most elderly population in the world, China's social security system for urban and rural residents is the top priority for improving people's well-being and achieving the results of national shared development. With the trend of an aging society, it is imperative to improve the pension system and improve social security. From January 1st, 2019, the current eligible retirees will raise the basic pension level, the specific adjustment is 5% of the basic pension per capita in 2018, although 5% is an average, the specific situation will be According to the actual situation of the individual, but overall, the rise in pensions has promoted the normal adjustment mechanism of the pensions for urban and rural residents' pensions, which has encouraged more people to benefit from it. According to the newly released relevant government work report this year, since May 1st, social security will be greatly reduced. Local governments can adjust the proportion of urban employees' basic pension insurance units, from the previous 20% contribution rate to 16 %, the report said that while reducing the burden of corporate contributions, while protecting the social security benefits of employees, the reasonable growth of pensions and timely and full payment, this will help the economic development in the short term, improve the market competitiveness of enterprises, and reduce The employment cost of the enterprise, but from a long-term perspective, the pressure of the future social security fund will increase. If no appropriate measures and innovations are taken, the probability of the pension deficit will increase, and the social security protection capacity may even Will decline. Therefore, this paper analyzes the status quo of pensions and the basic social security level, the problems in the pension and social security process, the suggestions on improving the pension system and improving the level of social security, such as accelerating pensions and entering pensions. The snowball effect or the development of private pensions. As the aging level continues to deepen, pensions, as stable long-term funds, may increase the value-added risk of pension funds. I believe that more efforts can be made in the direction of pension entrusted investment to promote pensions into the market. Promoting the effectiveness of pension asset allocation is more reasonable, which is conducive to alleviating the pressure of continuous and full payment of pensions, the increasing scale of the elderly population in China, the speed of aging, and the reduction of the pension gap that may be caused by the social security rate. It can effectively increase the allocation of equity assets and promote the development of the capital market. From the perspective of pension snowballs, the fund's fixed investment is a good choice. The pension is invested in the fund's fixed investment account, and there is no need to withdraw the principal. This will create more value by time. The longer the term, the compounding office. The more revenue generated, the effect of snowballing will gradually appear. Advance with the times according to the actual situation, effectively adjust the pension standards, improve relevant policies in a timely manner, and promote the stability and positive and sustainable development of social security.
引用
收藏
页码:842 / 854
页数:13
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