Research On Fiscal Power And Expenditure Responsibility Of Basic Pension Insurance Between Central And Local Governments

The issue of the basic pension insurance is a hot issue nowadays.It concerns the welfare of all members of society.It is also an important economic issue that countries all over the world have been studying and pushing forward the institutionalized reform.As a basic public service,the behavior of the government plays a decisive role in the sound development of the basic pension insurance.The continuous change of the division of fiscal power and expenditure responsibility of the government on this matter is also promoting the continuous change of the system.At present,the system form of China’s basic pension insurance has been basically established,the coverage has been further expanded,the level of pension payment has been gradually improved,and the basic pension insurance fund funds of local governments have been further integrated.However,due to the defects of historical path and early system,the government’s service and management methods are not perfect,which to some extent limits the development of the basic pension insurance.The key to this imperfection is to straighten out the fiscal relations between governments,that is,to promote "adaptation of fiscal power and expenditure responsibility".In the schedule for implementing the reform of inter-governmental fiscal power and expenditure responsibility proposed in the official document issued by the state council in 2016,the reform of fiscal power and expenditure responsibility in the basic pension insurance is listed as the key scope of reform in the past two years.Combining the reform of the basic pension insurance system with the reform of the financial system is beneficial to the further perfection of the basic endowment insurance system on the one hand,and on the other hand,it is helpful to seek a more realistic path of the reform of the financial system from practice,so as to ensure that the fiscal power and expenditure responsibility of the basic pension insurance between the central and the local governments are better suited.Therefore,the research on this issue has the historical background and the urgency of reform,as well as important theoretical value.In this paper,the comprehensive use of relevant financial theory,combined with China’s system operation status and problems to carry out analysis,put forward targeted recommendations.Through the study of this issue,we hope to be able to more comprehensive analysis of the basic pension insurance fiscal powers and the division of expenditure responsibilities,to provide a new perspective and ideas for future research.The research framework of this paper is as follows.In the first part,starting from the special position of the reform of the division of fiscal power and expenditure responsibility of the basic pension insurance,the necessity,urgency and research significance of the division of financial power and expenditure responsibility of the basic pension insurance at present in China are expounded,and the literature is systematically sorted out according to the two dimensions of theory and practice.This paper puts forward the research ideas and methods,as well as the innovation and shortcomings of the research.In the second part,on the basis of defining the concepts of the basic pension insurance,fiscal power and expenditure responsibility reasonably,the theory of public finance intervening in the basic pension insurance,fiscal power and expenditure responsibility is taken as the theoretical basis of this paper.At the same time,on the basis of the existing principles of the division of powers and expenditure responsibilities,this paper gives the principles of the division of fiscal powers and expenditure responsibilities in the basic endowment insurance.The third part describes the current situation of the division of financial power and expenditure responsibility of the basic pension insurance in China by means of empirical analysis and comparative analysis.On this basis,it analyzes the existing problems from two aspects of fiscal power and expenditure responsibility.In terms of fiscal power,it mainly includes the lack of legal subjects.The excessive fiscal power and the uneconomical problems caused by the low level of administrative power.In terms of expenditure liability,it mainly involves unclear legal liability,mismatching with financial resources,aggravating the local financial burden and unbalanced regional expenditure responsibility.The fourth part summarizes the practice of dividing the fiscal power and expenditure responsibility of the basic pension insurance in the four developed countries.Through comparative analysis,it draws the common characteristics of the system in the sample countries and the experience of China’s reform.The fifth part expounds fiscal power and the division of expenditure responsibility of the basic pension insurance in China.Based on the analysis of the problems in the third part and the Enlightenment from the international experience in the fourth part,this part first explains the general idea of the coordination between the reform of the basic pension insurance and the reform of the division of fiscal power and expenditure responsibility.Secondly,it puts forward more specific and detailed policy suggestions from the two aspects of fiscal power and expenditure responsibility,with emphasis on This paper makes a thorough discussion on the financial subsidy expenditure responsibility,which is an important part of the expenditure responsibility,and then puts forward some suggestions for further standardizing the sharing of expenditure responsibility between central and local governments.Finally,this paper uses six indicators,such as economic development,the implementation of basic endowment insurance,to carry out a systematic cluster analysis of 31 provinces,and puts forward a new idea of dividing and sharing expenditure responsibility.