A Study On The Replenish Of Individual Account Of Basic Old Age Insurance

Pay-As-You-Go scheme has not been transformed substantively in china since the old - age insurance system confirmed to the mixture of Pay-As-You-Go and Fully-Funded in 1997, its original intention was willing to avoid the transition cost. But it has been proved in practice that the cost of suspending transformation will lead to more and more. It is trend of an aging society that promptly replenishes individual pension accounts and really transforms Pay-As-You-Go scheme to Partial-Funded scheme. "The Decision Of enterprise workers old - age insurance system perfection" promulgated by The State Department on December 2005,it indicates that the determination of The Administration on pushing forward the reformation of the basic old - age insurance system, as well as motivating old-age insurance system reforms, has been unalterable. In this article, in the view of Marxism Political economics, the author analyzed and expounded the following issues: the international and internal background of the replenish of individual retirement account of basic old - age insurance under socialist- market- economy conditions, its necessity of the replenish of individual retirement account and its influence on the socialist- market-economy system reform; a few issues in the replenish of individual retirement account of basic old - age insurance, several problems needed to handle etc. According to author, this article putted issues of repletion of individual retirement account and the old-age insurance system reform into the general situation of entire socialist market economy development, which was helpful to the promote the depth and range of knowledge of reforming the basic old-age insurance system for enterprise employees; this article also analyzed the connotation of empty account on the microscopic plane, which helped to understand more about deep-leveled issues to the old-age insurance system reforms , then this article combined theory with practice, which was helpful to the understanding of current old-age insurance work and the practices ;finally, this article analyzed the implementation plan of the replenish of individual retirement account in fujian province under the national environment, which will provide suggestions on the replenish of individual retirement account for fujian province in future.