NDC Model: The Tool Selection In The Process Of China's Social Pension Insurance Transform Strategy

The social pension insurance reform has become the world difficult problem, with "the white hair tide" engulfing our entire world. Through the retrospection of the development of china's social pension insurance from 1986, this paper divide state social security transformation into four periods for the first time, that is, the"ice breaking"period, the strategy establishing period, resource integrating period and tactics selecting period.Two of the most successful things in the domain of china's social pension insurance transformation are: one is it has realized the change from the security form of"state-unit"to the form of"state-society"under the market economy system; another is in the process of social pension insurance transformation, searched and finally found the half accumulation institution of"integrating social pooling with individual account"as the long and middle term strategy target.But in the mean time, this paper still presents the difficulties and handicaps to realize the strategy target of"integrating social pooling with individual account". And considers that in the process of solving these problem, though the state carry through a series of advantage exploration, it haven't present some policy which is good to the transformation and development of state's social pension insurance,.All the measures failed, or deviate from the established strategy"integrating social pooling with individual account".At last, through the comparative analysis between advantage and disadvantage of the mode of"Notional Defined Contribution"referred the successful experience of six countries of Europe and Asia executing this policy over ten years, the paper present the opinion that the mode of"Notional Defined Contribution"is the most feasible policy implement in the transform process of china's city social retirement insurance, and carry through some original imagination and demonstrate aim at the integration in the future between the model of"Notional Defined Contribution"and the model"Flexible accounts add Incentive accounts"establish between the flexible employment groups presented by the author at 2003.Due to the limited time constraints and author's knowledge, plus the required information and data was difficult to complete, there are inevitable defects in the article, having not make specific planning on how to implement the " nominal account". And sincerely hope that teachers could grant instruction.