Reform Of The Tax Policy Of City Commercial Pension Insurance

Old-age security is the hot topic in recent years, the country, the government and the person are all concern the development of old-age security. A CPPCC member held a press conference about" Ensure and improve people’s livelihood to promote social fairness and justice" during recent CPPCC. This conference focused on old-age issue, analysis the difficulties we face in old-age security, and put forward the solution of these difficulties is rely on government, policy and law.Aging population is the reality we have being face, what is the current situation about aging support in our country? When we entered aging population, our GNP per person is only1000dollars, but in developed country they have10000dollars. In recent period of aging population, our old-age security plans are lag behind; the system that government, market, society work together to deal with this problem has not form; old-age security standard is very low; old-age security is lag behind in countries. The reality of aging support in our country is worrisome.Facing our problem, many expert and scholars did a lot of research and analysis, point out the main reason that we face difficulties in our aging support is our old-age security system is not perfect. They point out the main problems we have in our system:firstly, under traditional family pension, age people’s living standard is depend on provider’s quality and wealth; secondly, there is lack of uniform management and supervision in community pension; thirdly, government has heavy financial burden under society pension. In addition, experts and scholars point out some other problems, such as:our old-age pension opacity; security system is imbalance between city and country; society security system is unfairly.Under the condition that our old-age pension is deficiency, but people’s requirement to living standard is continuously improve, more and more people start to concern about their aging living, and hope to improve their aging living standard through many ways. But, financial deficit of basic pension insurance is big, speed of development of commercial pension insurance is slow in our country. So, as a important part of old-age security system, commercial pension has huge potential market development. Fully development of commercial pension can not only alleviate government financial burden, but also meet people’s needs to improve aging living.In this paper, I think a certain degree of tax preference can definitely promote the development of commercial pension, and I hope through the research in this paper, I can make some contribution to commercial pension’s future development. But, research of commercial pension in our country is limited to overseas tax policy, there has little research about our country’s demand to commercial pension, and little statistic data about commercial pension’s development.This paper is on the basic of overseas development experience and other scholars’research result, analyze problems we have in our country’s old-age security system, and expound which tax pattern we should choose, what policy we should make. I think, the primary problem during policy making is to choose appiopriate tax pattern which consistent with our national circumstance. After compared several patters, I think EET tax pattern is the most appropriate to our country. Then, I point out the principles we should follow during policy making, and did a research about detailed information of tax preference.Based on the above views, I divided this paper into five parts, the details of every part are as follows:First part:introduction. Illustrated research background, overseas and domestic research status of this project, the reason why I choose this project, and research methods I use.Second part:theory of city commercial pension’s tax policy of our country. This part is mainly illustrate some theories about tax policy of commercial pension, include tax payment stages and tax patterns, also compared several patterns. In addition, I analyzed how tax policy stimulate people’s demand to commercial pension.Third part:the reality of our city endowment and relative tax policies. I illustrated our actuality is"aging before getting rich", then I point out problems we have in basic pension insurance and commercial pension separately. The main problems of city basic pension insurance are:financial deficit of basic pension is big, management is chaotic, coverage is limited, pension substitute rate is low, basic pension insurance cannot meet the needs of old-age security. The main problems of city commercial pension are:the speed of development is very slow, has big gap compared with other countries, has not play a supplementary role to basic pension insurance. At last, I illustrated tax policies we already have about basic and commercial pension insurance.Forth part:tax policies about commercial pension insurance of overseas. First, Ⅰ-researched American, German, Japan and some other countries’tax policies respectively, and analyzed the effect that tax policy promote development of commercial pension insurance. Then, I talk about enlightenment we can learn from other countries’experiences.Fifth part:suggestions about tax policy of city commercial pension insurance. First, I think when we make tax policies, we should comply with the principle of fairness and efficiency, and accord with our national circumstances. Then, I analyzed the reason we choose EET pattern from microscopic and microcosmic angle. At last, I did some research about tax base, proportion, condition, implementation and supervision of tax preference.During the process of writing this paper, I did a lot of research, read a lot of literatures. I think the article’s main contribution and features are:①limited research range to city, avoid that different status between city and country may cause confusion, make research data and outcome more preciseness.②when analyze present status of aging support, used much data to make outcome more persuasion.③put forward my opinion to tax base, proportion and condition of tax preference, and calculated the appropriate tax preference proportion by building a model.