Study On The System Of Socialized Old-Age Insurance Of Rural Area In Shanghai

As the economic center and most developed region in China, Shanghai has the ability of taking the lead in establishing the urban-rural integration socialized-old age insurance system. The socialized-old age insurance system can be divided into the urban pension insurance system and the rural pension insurance system. Here, the rural socialized-old age insurance system in the paper refers to both the rural pension insurance system and the small- town insurance system. Since the urban pension insurance system has been perfect while the rural pension insurance system is still dropped behind, we shall attach more importance to reforming and consummating the rural pension insurance system and producing their mutual connection and transformation and establish a united pension insurance system. It's favorable to promote the urban-rural integration and close the gap between urban and rural areas and keep economic stability and development in the suburbs as well.Shanghai is different from other provinces as it has established the small-town pension insurance system which is between the rural pension insurance system and the urban pension insurance system. It is needful to analyze the rural pension insurance system combined with the small-town pension insurance. And the paper shows us the quoted theory, the thought and the level of the urban-rural integration of Shanghai and explains the new requirement for the new era rural pension insurance system. Then the development process and current situation of the urban pension insurance system and the rural pension insurance system in Shanghai are introduced. The paper draws a comparison of the two pension insurance systems and indicates the trait of the current small-town pension insurance system and the rural pension insurance system and gives the gist of existing problems and causes, particularly the rural pension insurance system. In conclusion, by reference on the related experiences on social security reforms in the process of urban-rural integration in some developed countries and districts, the paper suggests some ideas that can get such problems done in the light of the concrete economic situation in Shanghai from the aspect of perfecting the exterior and interior mechanism of the rural pension insurance system and establishing the urban-rural pension insurance fund management system when considering the role the government is playing during the reforms and the necessity and feasibility of government financial support. It also conceives the social pension insurance system which can adapt the urban-rural integration: the urban pension insurance system as the highest level shall have a stable number of participants; the scale of the small-town pension insurance as the second level shall cover most parts of the suburbs while the lower-income peasants shall participate in the rural pension insurance, which as the lowest level of social security will not be able to resist the risk of the support of old age according to the law of large number. It can no longer be a social insurance proper as it can only run while supported by government financial.