Research On Investing And Financing Efficiency Of The Basic Endowment Insurance Fund In Tianjin Under The Background Of Aging

The establishment of the social security system is the symbol of the progress of social civilization.The basic endowment insurance system is the core content of the modern social security system and the important cornerstone of maintaining social fairness and efficiency.As the aggravating trend of aging population,the problem of aging population in Tianjin is also not optimistic.The heavy endowment burden has brought serious challenges to the smooth operation of the basic endowment insurance fund in Tianjin.The increasing pressure of endowment insurance payment and the decreasing number of endowment insurance participants have formed a great contrast.The core means of resolving the contradiction of the income is not equal to the expenditure is to improve the efficiency of investment and financing of the endowment insurance fund to achieve the purpose of the balance of payments and the maintenance and creation of value.Although the development of the endowment insurance system in Tianjin has made some achievements in recent years,there are still some problems,such as the shortage of endowment insurance funds,unreasonable individual accounts,low participation rate and low substitution rate.This paper first summarizes the development course and the present situation of the endowment insurance system in China and in Tianjin respectively.Then this paper constructs the efficiency evaluation index and uses the quantitative analysis method to compare the national average level from the aspects of financing and investment and studies the current situation and influencing factors of the basic endowment insurance fund in Tianjin.The results show that the reason for the low financing efficiency of the basic endowment insurance fund is that the insured coverage is small and the financing channels are more less,while the lower efficiency of investment is due to low real income and limited investment range.Finally,this paper puts forward some policy and suggestions on how to expand the coverage of endowment insurance,expand the investment channel of endowment insurance,establish the legal system for endowment insurance,improve the supervision mechanism for endowment insurance and improve the investment and financing system of endowment insurance in Tianjin,so as to ensure the sustainable and healthy development of the endowment insurance system in Tianjin.