Research On The Optimization Strategy Of Endowment Insurance System For Urban And Rural Residents From The Perspective Of Public Finance

In recent years,China’s aging population has increased dramatically,and public awareness of the endowment insurance level is higher and higher.In 2014,China officially implemented the basic endowment insurance system for urban and rural residents,which mainly targets the majority of non-urban workers in urban and rural residents.Since its establishment,the old-age insurance system for urban and rural residents has achieved good social security effects,and its biggest characteristics are financial subsidies for basic pension and individual contributions.However,due to the short implementation time,only 8 years ago,although good social effects have been achieved,but there are still some areas to be improved.In 2014,The State Council issued the "Opinions on the Establishment of a Unified Basic Old-age Insurance System for Urban and Rural Residents",requiring that a fair,unified and standardized old-age insurance system for urban and rural residents be fully established by2020,which aims to better guarantee the basic life of the insured people in their old age.By2021,the number of participants in the basic old-age insurance for urban and rural residents in China had exceeded 5.47 million,basically reaching the full coverage of the working-age population.But its share proportion in finance at various levels,the value method,fund raising,distribution,and management is still in groping stage.The construction of a sound,fair and sustainable development of urban and rural residents basic social endowment insurance system is inseparable from public financial security,and the scientific and effective financial management also affects the system function of urban and rural residents basic social endowment insurance system to a large extent.The author,from a perspective of public finance,with it in jiangxi province Ji’an city as an example,the operational status of urban and rural residents basic endowment insurance research and analysis,to describe it in detail the basic conditions of urban and rural residents endowment insurance system,achievements and experience,puts forward it exists to a serious shortage of funds of urban and rural residents endowment insurance,the insurance fund management level is low,etc.Based on the summary analysis,combining the theory of public finance,social security and other knowledge,basic old-age insurance system for urban and rural residents to perform the problems existing in the implementation,from a perspective of public finance,combined with perfect fiscal policies,broaden the fund-raising channels,perfecting the budget performance evaluation mechanism and so on related optimization strategy is proposed.