Research On The Influence Of Urban Workers' Basic Endowment Insurance On The Well-being Of The Elderly

Based on the perspective of the utility of urban employee pension insurance,this paper constructs a three-phase life cycle model and introduces the city job insurance in the model,so as to analyze the role played by the city job insurance from the theory.Under reasonable assumptions,the theory analyzes that the lower the income level and the smaller the wage growth rate,the greater the benefits that can be obtained by participating in the city insurance.This paper uses the 2014 China Elderly Health Influencing Factors Tracking Survey(formerly known as the Chinese Elderly Health and Longevity Influencing Factors Tracking Survey,CLHLS),through the treatment of the effect model,empirical results found that,under the same conditions,join the city job insurance(old ins)Respondents who were not participating in the city's job insurance averaged an average of 0.1537 units of life satisfaction.In order to test the validity of the theory and further investigate whether the effect of the city's job security is different under different wealth levels,this paper will statistically divide the sample respondents according to their annual household income.And set the virtual variable level accordingly,and introduce the interactive item old_ins*?level?_i based on the model of "the overall evaluation of self-assessment of life satisfaction of the interviewed individuals".The empirical results show that the wealth level is more Low,participating in the city insurance can get a higher self-assessment of life satisfaction(self_llfe),that is,the lower the level of wealth,the higher the happiness that can be obtained by participating in the city insurance,which is in line with the previous theoretical analysis.In the analysis of this article,we believe that urban employee pension insurance plays a good role in balancing the gap between social wealth and wealth,and should accelerate the coverage of urban insurance coverage.However,in the group regression,we also found that the city job security is more "care" for the insured persons whose wealth level is in the level 1 stage,and the role of the insured person with the wealth level in the level 2 stage is small,and the wealth level is in the level 2 stage.The number of participants is quite large.Therefore,this part of the insured group should be considered in the formulation of the city's job insurance policy,and the insured people who ensure that the wealth level is in the level 1 and level 2 stages can obtain relatively high "care".In addition,this article also explains from the side the reason why high-income people in the society still choose the low-paying base.When formulating the city's job insurance policy,we must not only consider this aspect of supervision,but also appropriately encourage policy to ensure the city's job security.Effectively play a role.