Research On The Payment Of Endowment Insurance For Urban And Rural Residents In Fuzhou And Its Countermeasures

The social endowment insurance for urban and rural residents is one of the three major social endowment insurances in china.This type of insurance started late,but it has developed rapidly.It has now developed into an insurance type with the widest coverage and the largest number of participants in china.It has solved the problem of the urban and rural residents’ endowment insurance from scratch,and effectively improved the living standards of low-income groups in particular.This type of insurance adopts the model of combining personal payment with government subsidies.Under the premise that individuals choose the payment level independently,the situation of low accumulation of personal accounts is common.How to encourage and guide urban and rural residents to increase payment,enrich the accumulation of personal accounts,improve pensions,and give full play to the bottom-line policy goal of "basic insurance" for urban and rural residents’ endowment insurance has become an urgent problem to be solved at present.Therefore,it is of great significance to study and solve the payment problem for improving the related supporting policies of urban and rural residents’ endowment insurance and improving the quality of insurance protection.Based on the Guidance of Social Security Theory,Incentive Theory,and Bounded Rationality Theory,this study conducts an Empirical Research Design based on the analysis of the relevant policies of urban and rural residents’ endowment insurance payment in Fuzhou and the current status of payment operation,and uses field visits and questionnaires to obtain analysis data.Multivariate logistic regression analysis and chi-square analysis models were established to analyze the research hypotheses.The Empirical Analysis results show that the main problems of residents’ insurance payment are generally low payment level,low enthusiasm for residents to renew insurance premiums,and poor service quality of tex collection,which seriously restrict the high-quality and healthy development of urban and rural residents’ endowment insurance.According to the conclusion of Empirical Analysis,this study summarizes and puts forward four countermeasures on the basis of in-depth analysis of personal factors,policy defects,service awareness,and policy awareness: First,to increase the Pension Replacement Rate and continuously improve the level of security;Second It is to optimize the payment incentive system and encourage residents to increase the accumulation of personal accounts;Third is to improve the level of payment services,so as to be people-oriented;Fourth is to enhance public credibility and do a good job in policy publicity to improve residents’ understanding and acceptance of policies.Through the above-mentioned countermeasures,we can gradually resolve the current increasingly prominent payment problems and realize the healthy and sustainable development of urban and rural residents’ endowment insurance,and also expected to provide a valuable theoretical reference for urban and rural residents’ endowment insurance-related decisions in cities with similar problems.