On The Reform Of Endowment Insurance System In China: From The "Double Track" To "Merger" System Construction

Pension system as an important part of the Social Security Act, after its reform and opening up several times in the reform and development, followed by the formation of the organs and institutions of the existing legal system and pension insurance companies track running, and created the organs and institutions and these two groups of enterprise retirees huge difference in the treatment of old-age pension. With increasing depth of China's economic reform, the existing two-track pension system and the difference between the merger of the existing system of pension insurance system is also increasingly obvious drawbacks and disadvantages of the two-track system is exposed, it separates the two-track pension system itself entitled to equal and fair treatment standard pension insurance, and the resulting fragmentation of the pension system, insurance, unequal rights and obligations, lack of fair mechanisms for social unity and national labor market is difficult to establish the financial burdens of other issues.Therefore, the State Council in January 2015 formally promulgated the "Decision on PSU reform the staff pension system bodies," which marks the merger of pension insurance model by the transition to the system of the existing two-track system.From a practical and history point of view, based on the relative rights and obligations, etc., fairness and efficiency combined with the security level of economic development, to resolve outstanding conflicts and to ensure that the concept and principles of sustainable development with the promotion of the countries concerned to fully draw basic pension insurance system development experience above summarized principles of our pension insurance system reform should follow and many problems to be overcome, and to try to put forward further improve the relevant methods of endowment insurance system reform and supporting measures.Specifically, the paper is divided into three chapters:The first chapter to clarify the basis of the Endowment Insurance System and the theoretical basis of the above system development context, a brief summary of the differences between the organs and institutions and corporate pension insurance system; the second chapter It elaborated the necessity of reform of the pension insurance system and feasibility.Discusses the necessity of reform of the pension insurance system is mainly aimed at the shortcomings of existing two-track system of pension insurance model, the feasibility of the pension insurance system reform forth from our laws, rules, regulations and policies, combining related pilot provinces and cities enterprises experience reform pension reform, and the reform of the pension system outside the countries analyzed; the third obstacle to the merger of pension reform should be overcome, in principle, as well as specific measures for the reform of the supporting measures were adhered to a more detailed elaboration.