Moderation Study Of Shanghai Pension Insurance

The quality of pension insurance of a region or country influents the living standardsof aging population after their retirements. Economic crisis and the increase of agingpopulation lead to the problem of how to determine an appropriate level of pensioninsurance causes social attention increase.Now, the research of deterring a suitable level of pension insurance is still in theexploratory stage. Most of the researchers discuss the issue mainly with qualitativemethodology, but lack of quantitative analysis. The expense of pension of a country mustbe determined by the level of its productivity and other related abilities. Shanghai is one ofthe most developed cities in China in terms of economic development, but it is one of thecities which step in an aging society with a high speed as well. Therefore, the study of howto define an appropriate level of pension in Shanghai has a significant sense.In this report, the topic is discussed with a background of high aging population rateand low fertility, by using the welfare economics model and collecting relevant data. Thepurpose of the study is to measure and analyze whether the level of current pensioninsurance is appropriate or not.Specific research will focus on the following aspects:Firstly, the definition of level of pension insurance and the meaning of appropriatewill be discussed theoretically. Aclear measurement of the level of pension insurance and areliable criteria tool of judging the level as appropriate should be given out from botheconomical and sociological perspectives.Secondly, analyze the current level of pension insurance in Shanghai, mainly focusingon the coverage, expenditures, and the replacement rate areas. Moreover, the report willassess the current situation of pension insurance level in general sense.Thirdly, compare the quality of pension insurance of Shanghai with other westerncountries, the average national level and the cities nearby, in order to obtain helpful experience.Fourthly, analyze the factors of GDP of Shanghai, the proportion of elderly population,and the average wage in Shanghai to determine an appropriate level of pension insurancein this city, plus with a measurement of a moderate range of pension insurance level.Fifthly, we can conduct a feasibility analysis from enterprises, individuals and thegovernment estimates the economic capacity of the appropriate level of pension insurancein Shanghai to understand to achieve an appropriate level of pension insurance is feasibleor not in the real social and economic conditions.Lastly, we give some suggests to adjust the level of pension insurance from the angleof building a strategy development system that includes the “new tangential progressivedevelopment”mode,”outerjoin and inner promote development"mode and"a comprehensiveand balanced style development"mode for pension insurance.The creative point of the paper is using the welfare economics model and consideringthe developmentment of economic in shanghai to determine an appropriate level of pensioninsurance in the near future. Thought analyze the contribution rates of enterprise andindividual and the subsidy ability of goverment in dynamic way to study the feasibility ofshanghai to improve the level of pension insurance.