Associate Professor Xue Huiyuan, deputy director of the Social Security Research Center of Wuhan University, published a paper entitled "Research on the Sustainability of Pension Insurance Co-ordination Fund of Institutions and Institutions Based on Policy Simulation" in the 4th issue of the CSSCI journal Journal of Jiangxi University of Finance and Economics in 2020 as the corresponding author, which is now forwarded in full to share with readers.

【author】Wang Ya,Xue Huiyuan

【Published Journal】《江西财经大学学报》

【Journal level】CSSCI

【Publication Time】2020(04)

【Abstract】By constructing an actuarial model to study the sustainability of the endowment insurance pooling fund of government bodies and public institutions, it is found that the expenditure of the pooled fund will increase year by year from 2015 to 2050 and decrease year by year from 2051 to 2060. The expenditure of the pooled fund is much greater than the income, and the gap has been created since the establishment of the system. Reducing the pension adjustment coefficient can effectively reduce the expenditure of the pooled fund and improve the income and expenditure of the pooled fund. In the short term, the larger the payment base, the larger the gap between the income and expenditure of the pooled fund, and the heavier the burden; However, in the long run, the larger the payment base, the smaller the gap between the income and expenditure of the pooled fund, which can effectively improve the income and expenditure of the pooled fund. Considering delayed retirement can significantly improve the income and expenditure of the pooled fund; Reducing the unit contribution rate will increase the gap between income and expenditure of the pooled fund. To this end, funds were raised from various parties to make up for the gap in the overall fund in the current year; Establish a reasonable basic pension adjustment mechanism; Effectively and appropriately increase the payment base; Introduce and implement a delayed retirement policy as soon as possible; Do not reduce the contribution rate of basic endowment insurance units of government bodies and public institutions; The pooled fund and the personal account fund are used together, and the personal account is made into a nominal account.

【Keywords】government bodies and public institutions; pension insurance; pooled funds; Sustainable; Actuarial balance

【Funds】Humanities and Social Science Research Youth Fund of the Ministry of Education, "Research on Hidden Debt, Fund Gap and Financial Sustainability of Pension Insurance of Government Institutions" (16YJC630152).