Study On The Calculation Of The Implicit Debt Of Urban Workers’ Pension Insurance In Anhui Province

In China from 1984 to 1998, has been the introduction of a society to plan as a whole the cash receipts and cash in the basic old-age insurance system, in order to further adapt to the needs of the reform of the market economy, the state from the beginning of 1998 began to the reform of the basic old-age insurance system for enterprise employees, namely the cash cash payment mode, to combined with the account of individual endowment fund accumulation system or mode of accumulation.Due to the transition of the PAYG system accumulated reimbursement of expenses have been rising, so it leads to the repayment of pension funds difference very big of needed future appearance of recessive debt repayment. So the emergence of hidden debt is not conducive to the normal investment of pension funds, is not conducive to the stability of the pension system. Therefore, the prerequisite for the successful reform of the pension insurance system of urban workers in China is to solve the hidden debt left over by history as soon as possible. First, we need to carry out a correct estimate of the amount of hidden debt, and secondly, we need to establish a reasonable repayment plan and payment standards, again, is to accelerate the accumulation of the system from now to complete the accumulation of the system to complete the transformation, from the fundamental solution to the hidden debt, the last is to strengthen the existing pension insurance fund to increase the value of the pension fund to increase revenue and surplus, can cope with more implicit debt repayment pressure.At the beginning of this paper, we analyze the different pension insurance system implemented in different periods, and help to find the source of the hidden debt. Combined with the different periods of the pension insurance system, the development level of pension insurance must be adapted to the specific economic and political environment, not to be able to lead or lag behind a lot of. Secondly, from the theoretical basis, from the perspective of political science and economics, the formation of hidden debt is interpreted, hoping to use the knowledge system of cross disciplinary research, to find a good way to solve the implicit debt. China is a developing country with the largest population in the world, so the carnality of the elderly population is large, this to the government in pension payments caused enormous financial pressure, although the level of economic development in China in recent years quickly, but with the acceleration of population aging, facing the huge pension recessive debt gap, the government is also reluctant. Anhui province is in the economic development of the Midwest, and the total population of Anhui Province in the forefront of the country, the population, the economy is not developed is currently the main factor restricting the deepening reform of the pension system in Anhui province. The reform of the old and new pension insurance system will inevitably make some people’s economic interests damaged, and this part of the people is the hidden debt of the creditor, the government has the responsibility to repay.According to the actual level of economic development in Anhui Province, this paper makes a research on the pension insurance system of urban workers in Anhui province by using quantitative and qualitative methods. Finally, according to the final forecast results, and combined with the successful case of developed countries and developing countries, and from the two angles of the system and the system, the scientific suggestions for the smooth settlement of pension insurance in Anhui province are proposed, which will play a positive role in the development and reform of the pension insurance system in Anhui province.