Research On China’s Dual Pension System

The pension system as an important part of the social security system in recentyears, improvement and development of this system has been highly concerned aboutthe party and the country. In recent years, China has implemented pension system hasmade some achievements, but with the continuous development of market economy,the reform of the pension system faces many difficulties and challenges. Among them,the old-age pension insurance designations system caused the disparity problem to besolved and the most prominent.In recent years, the Chinese government has introduced a program for enterpriseretirees pension schemes and institutions to improve the treatment of pension reform,efforts to reduce the gap between the two-track system generated by the pensioninsurance system and strive to achieve fairness. Eventually, the two-track pension inJanuary4,2015came to an end. January14,2015, the State Council issued the"Decision of the State Council on the reform of institutions of staff pension systemorgan" decision from October1,2014to the organs and institutions of staff pensionsystem reform, the implementation of social organizations and institutions the basicpension insurance system with personal accounts combining joint contributions byentities and individuals. This marks the end of the existence of a "dual track" of nearly20years of pension, then, nearly40million personnel at institutions and businesseswill pay pension employees were working together.However,due to Dual Pensioninsurance system reform has just started, all the disadvantages of dual pension still leftmany problems,the dual pension insurance system reform still has a lot of old issuesleft to be resolved,such as no real establishing a multi-level and pluralistic newendowment insurance mode;Most of endowment insurance funds still want to rely ongovernment spending to bring more heavy burden to the government and so on.This paper is divided into four paragraphs.The first part is the concept of the dualpension insurance system. The second part in combination with the development of China’s endowment insurance system, reveals the problems existing in the doubleChina’s endowment insurance regulation, and further expounds the reason; The thirdpart by studying the characteristics of the old-age insurance system abroad, drawenlightenment to China’s endowment insurance system reform; The fourth partthrough combining the reform of China’s endowment insurance double-track stagecharacteristics, and puts forward relevant countermeasures and constructiveSuggestions, eager to this kind of research and discussion to the reform of China’sold-age security system, improve and development to provide theoretical support andreference.