Research On The Transition Coefficient Of The Combination Of Pensions Of Agencies And Institutions

In this paper,the selection range of transition coefficient of transitional pension is studied from the perspective of realistic replacement rate of people after the merger of government agencies and institutions.The first chapter introduces the related theory of pay endowment insurance expends and research,and relevant concepts and policy basis.In the second chapter first comprehensive replacement rate is calculated on the basis of endowment insurance model,combined with the practical data,respectively calculate the endowment insurance agencies and institutions in real maximum comprehensive replacement rate level is 77.05%,the enterprise worker endowment insurance basic pension replacement rate up to 65.21% and then to target replacement rate,pay the fee in 35 years,individual account and under the premise of occupational pension return of4%,calculate the transitional pension supplement replacement interval.In addition,according to the transitional pension calculation formula,the model for calculating the transition coefficient of the substitution rate is derived,and the transition coefficient for the horizontal transition to the replacement rate of the original old-age insurance in government institutions is 1.1,and the transition coefficient for the substitution rate of the old-age insurance in enterprises is 0.7.In the third chapter,it firstly analyzes the basic path of the transition of replacement rate of people in the merger of endowment insurance,and then selects the rate of return in stages according to this path,and further refines the calculation of transition coefficient.In the case that the rate of return is 5-8% at different stages,the transitional pension coefficient of 59-year-old people is selected as 1.2 to realize the transition to the replacement rate of the original old-age insurance of government institutions,and the transition coefficient is selected as 0.8 to realize the transition to the replacement rate of the old-age insurance of enterprise employees,which is basically consistent with the results calculated before.The fourth chapter,according to the conclusions of endowment insurance system in government institutions in transitional annuities transition coefficient selection provides policy suggestions can choose according to different yield dynamic transfer coefficient and age,at the same time,the system of endowment insurance system in thesystem at the same time,to realize the essence and axle,the enterprise endowment insurance to improve the coverage of pension fund and narrowed with the enterprise worker endowment insurance agencies and institutions replacement rate gap,so as to realize nature and axle.