Research On Risk Sharing And Income Distribution Of Pension Agency PPP Project

With the continuous development of society bring a serious problem:the aging of the population, and then cause endowment pressure increasing, the traditional family pension overwhelmed, socialization pension institutions supply shortage is also highlighted. Rely on the government’s financial strength will be unable to meet the huge amount of investment in the pension institutions, and government’s huge investment may put the government in a swirl of fiscal deficits, which are for the social capital to participate in the construction of old-age care institutions provide a good opportunity. Public private partnership, namely PPP (Partnership Public-private) model as a construction and operation of the innovation model of pension institutions, the application of our country has been a widespread concern and attention. In the PPP mode, public sector and private sector share the risk and revenue, play their respective advantages in the provision of public service. Government gives preferential policies in aspect of land and policy, mobilize the enthusiasm of the community, encourage social capital into the construction of old-age care institutions; while social capital uses its experience and advantages of optimizing the operation and management of pension institutions, to broaden the scope of services, increase social supply, better play public pension institutions in the protection of basic pension service function and role. The core problem of PPP mode the public and the private parties is the risks and benefits allocation. In this paper, on the basis of PPP,pension institutions of PPP project risk and income distribution as the core of the problem do in-depth research.In the two chapters, based on the summary of PPP model and the research status of pension institutions, analyzed the basic idea of pension institutions, and introducted the PPP model. In the third chapter, through the literature analysis, identify all kinds of risk of pension institutions, and from the project stakeholders to start the risk sharing analysis of pension institutions PPP model.In the fourth chapter, based on the risk analysis, the game theory is introduced to establish the game model of the income distribution under incomplete information, which is used to solve the income distribution ratio and effort level of the public and private parties. Through the research above, the fifth chapter put forward the innovative interest coordination countermeasures of pension institutions of PPP project. The sixth chapter conclusion summarizes and analyzes the deficiency of the article.PPP model has broad application prospects in the pension institutions project. In the academic field, the research of the PPP model applied to the pension institution is more than the analysis of its feasibility and necessity. The topic of this paper is on the core of PPP. The research results of this paper have some reference value for the promotion and successful application of PPP model in the pension institutions.