Research On Urban Pension Insurance System Under The Background Of Aging

Aging of population is an inevitable trend of the development of the population.It is the inevitable result of the changing demographic structure. Each country has togo through the process. The Western developed countries have entered the agingsociety in the early days, while the developing countries also begin to face this globalproblem. The birth rates and death rates of the population of China droppedsignificantly due to the rapid increase of economic level、medical level and the strictimplementation of family planning policy. China entered the aging society in a veryshort time. At the same time, we will face more severe aging problem due to the largepopulation base, which will have a profound impact on all aspects of our country, ofwhich the most important is the pension problem. Thus how to improve our currentbasic pension insurance system has become our top mission.The article starts with the concept of the aging of population and internationalpopulation division standard to research the process of China’s aging population, thecharacteristics and the future development trend. At the same time, the article analysesthe cause and the development of rapid population aging in China and expounds theadverse impact of population aging on all aspects of the country, indicating that Chinais in an important stage of accelerating development in the aging of the population.Followed by a review of the course of development of China’s urban pension system,The article summarizes the main content of the current old-age security system in ourcountry. According to the characteristics of population aging in China and itsdevelopment trend, the article specifically points out the challenges and problemsfaced by the pension insurance system in China. Finally the article puts forward thecorresponding measures combined with the basic national conditions of our country,from solving the implicit pension debt, the problem of "empty account", to expandingpension insurance coverage and appropriate adjustment to the retirement ageproblems respectively.In order to cope with more serious aging problem in the future, improving our current basic pension insurance system is imperative. Government should bear thehuge hidden debt during the legacy system transition to make up for the gap ofincome over expenditure and misappropriation of funds for personal accounts.Government should also increase pension insurance rate,broaden the field of pensionfund investment and extend the retirement age of workers.