The Measurement And Optimization Analysis Of Fund-raising Scale On Rural Social Pension Insurance

With the development of economic, changes in family structure, rural-urbanlabor mobility and increasing of population aging process, the needs of ruralresidents pension gradually increases. In order to further narrow the differencesbetween urban and rural pension insurance, meet the needs of rural residents pensionincreases effectively, enhance the related system of rural social pension insurancewidely and achieve effective long-term sustainable development of urban and ruralresidents basic social pension insurance system, this paper analyzed rural socialpension insurance from both theoretical and empirical aspects. Based on thetheoretical analysis of public goods, welfare economics and governmentalresponsibility, this paper builded social financing scale model and calculation modelof rural residents social pension insurance through the social security pensionactuarial method to measure and optimize the fund-raising scale of rural socialpension insurance, and models were applied in Hunan Province as an example.The results showed that: Due to the impact of policies and demographic factors,rural residents pension needs rapidly growing and elderly dependency ratioincreasing, the fund-raising scale of rural social pension insurance wouldn’t meetrural residents basic pension need under the framework of the current system. To thisend, this paper constructed a single parameter and composite parameter adjustmentprograms to optimize the fund-raising scale of rural social pension insurance.Learned from the optimization programs, reasonable adjustments of individualcontribution rate, rate of local government subsidies and grants collective economyrate, could improve the fund-raising scale of rural social pensioninsurance.Furthermore, the complex adjustment of individual contribution rate, localgovernment subsidies rate and collective economic subsidy rate, could greatlyenhance the fund-raising scale of rural social pension insurance to meet the needs ofresidents in the basic pension. Finally, this paper proposed some policyrecommendations to improve rural social pension insurance pooling level andcomplete related systems of rural social pension insurance.