Research On The Supply And Demand Of Low-income Families Old-age Insurance In The Towns Of Hunan Province

Poverty is always a significant issue to which the whole world pays great attention. To eliminate poverty and ultimately achieve common prosperity is the basic precondition and task of building a well-off and harmonious society. As for the researches of the poverty in towns, there are many of its topics which worth lucubrating and discussing. And the issue of providing for the aged is an important one of them.The basic problem of old-age insurance in the town's low-income families of Hunan province is the excessive demand and the deficiency of supply. The demand is determined by the amount of population and the level of consumption. For the increasing of the gap between the wealthy and the poor, and the gradual ascending consumption level year by year , the demand for the old-age insurance in the low income families grows up fast. However, the low-income families have low deposits in banks, such situation results in the deficiency of supply for the family's providing for the aged, which is showed not only by the deficiency of supply for the aged generation, but also by unpleasant expectation of the young generation's supply for their own in the future. The social old-age insurance system emphasizes the efficiency, it protects the low-income population less, this is the main reason for the deficiency of the supply of social providing for the aged. It is calculated that the average demand for the providing for the aged in low-income families in one year is $6082.62, the families and the society could only afford $4988.04, the gap becomes to $1094.58.We can alleviate the contradiction of the demand and supply in the town's low-income families through two ways: to reduce the demand and to increase the supply of the providing for the aged. Reducing the gap between the wealthy and the poor and ultimately achieving common prosperity is the key method to reduce the demand, this is a long-running task. In the short term, we should focus on the increasing the supply: for the families, to carry out the mortgage of real estate of providing for the aged, remotivate the assets of the low-income families; for the society, we should increase the imposure of the annuities in the high-income families and increase the payment to the low -ncome families to realize the income transferring in the generations, boost up the function of mutual-benefit of the socialold age insurance; As a helpful supplement, building up the new type of the in-family-community providing for the aged mode will alleviate the burden of families and the government, accelerate the social harmonious development.