The Design And Feasible Study Of The Government And Public Institution's Endowment Insurance System In Shandong Province

Recently, fresh progress has been made in social security system reform all over the world, especially in endowment insurance system reform. In China, the reform of endowment insurance for people who are working in urban enterprises goes well, but we are making little headway with the reform of endowment insurance for people who are working in the government and public institutions.The experimental reform of endowment insurance for people who are working in Shandong province's government and public institutions took place in 1994. There is no progress until now. I think the main problems for this matter are as follows. Firstly, substitution rate is far higher than the international standard; secondly, cost exceeds some local governments'financial capacity; thirdly, the mismatching between endowment insurance for people who are working in urban enterprises and who are working in the government and public institutions may cause potential social contradiction; fourthly, the large treatment gap among people retiring from the government,public institutions and enterprises affect social fair.In the first place, I review the development of endowment insurance system of the government and public institution in Shandong province, study the experience and problems of foreign endowment insurance system for civil servants and refer to endowment insurance system for enterprises'workers. Based on above, I design the suitable endowment insurance system for the government and public institutions.In the second place, I set up a model according to the data of some cities'government and public institutions and make a series of policy feasibility study about reform plan for government and public institution's endowment insurance system. For example, I comparatively analyse the effect of individual account on endowment insurance fund whether the account is real or not, calculate the transitionary coefficient of transitionary pension, forecast reforming cost and so on.Last, based on the calculating results of this feasible study, the endowment insurance for people whether they work in government or not will be integrated in ten years.