Study On The Payment Ability Of Pension Pooling Account Under The Trend Of Population Aging

As the most populous country in the world,China entered an aging society in 2000.With the improvement of economic living standards and the extension of life expectancy,the number of the elderly has only increased,and the aging situation has deepened.In such an environment,China’s social industrial structure,economic development and social security will be affected to a certain extent,especially the payment ability of China’s pension pooling account is facing the most severe challenge:the current system can no longer provide the pension due to the huge number of retirees in the future.For a long time in the future,the arduous work of providing for the aged will be mainly undertaken by the state led pension insurance.How to improve the payment capacity of the pension pooling account to maintain the account balance has become the key to maintain the normal operation of China’s social security system Major problems that must be solved for the sustainable development of social economy.On the basis of studying and summarizing the research results of domestic and foreign scholars,this paper will make a specific analysis according to the actual situation of our country.In the analysis of the current situation of aging population development in China,the characteristics of large-scale aging population,rapid development,large dependency ratio and getting old before getting rich are summarized.Then it briefly introduces the development process of the endowment insurance system,and on this basis,analyzes the current situation of the payment ability of China’s endowment insurance overall planning account,including the impact of population aging,implicit liabilities and financial subsidies on the payment ability.Then,based on the population theory and actuarial theory,the balance model of the pension pooling account was established,and the survival probability table was established through the census data to quantitatively analyze the impact of different survival probabilities on the Payment ability of the pension pooling account.It was found that the gap in the balance of the pooling fund increased with the increase of the survival probability,Finally,other factors in the model are analyzed quantitatively to provide a feasibility analysis basis for the follow-up measures.Finally,in view of the current situation of China’s population aging and the income and expenditure of the pension pooling account,according to the research of other scholars,this paper puts forward three countermeasures:implementing the gradual delayed retirement policy,reducing the pension growth rate and establishing an institutionalized policy subsidy mechanism,and makes an actual calculation and analysis of them.Finally,it comes to the conclusion that the three measures will be conducive to reducing financial pressure and resolving some hidden liabilities,Narrow the fund gap,improve the pension payment capacity,maintain the balance of the overall account.