A Research On The Reform Of Endowment Insurance Of China's Enterprise

Social security system is the'safety net'and'shock absorber'to the social stability and relates to the harmonious development of economy and society. With the accelerated aging trend of the population and deepening of socialist market economy, China's current pension system is facing unprecedented pressure and challenges. My paper discusses the reform of the pension insurance system. By introducing the theory of the pension insurance system, this paper recalls the history of China's reform of the endowment insurance system, sums up the achievements made in the reform, analyzes the problems existing in this system, and puts forward the ideas of future development. This paper is divided into three chapters.Chapter I: Introduce the pension insurance system. Expound the meaning of social security, social insurance and old-age insurance system. Introduce the fund type of pension insurance system, financing model, its appearance, development, reform trend as well as crisis it faces. Recall the history of China's reform of the endowment insurance system; sum up the achievements made in the reform.Chapter II: analyze the problems exist in the pension insurance system reform. The narrow coverage of pension system is still the key problem. Fuzzy responsibility makes the mode----overall social planning combined with individual accounts, exists in name only, increment and value maintenance of the Fund is facing enormous difficulties, the lag of supporting measures delay the reform process.Chapter III: express the ideas of China's pension insurance system reforms in the future. Government must establish a sound pension insurance system, which is compatible with the level of China's economic development, and only clear responsibilities can prove the function of manpower account as well as the encouraging function of personal accounts. The aim is to achieve the increment and value maintenance of the fund raised through multiple channels, reform the pension insurance system and realize old-age insurance system's sustainable development.