Author(s)

Shanliang Li

Corresponding Author

Shanliang Li

Abstract

The establishment and reform of China's new social pension insurance system has gone through more than ten years. After years of exploration and practice, the fundraising model of “combination of social pooling and individual accounts” has gradually formed in the management of funds. Under the background that the urban-rural dual economic structure leads to the imbalance of urban and rural economic development, the different design of the urban and rural social endowment insurance system and the different levels of pension investment have caused great differences between China's current urban and rural real old-age security levels. Constructing a coordinated urban and rural social endowment insurance system is an important part of China's development in the new era and the only way for social development. Starting from the introduction of the related concepts of social pension insurance theory, this paper analyzes the current situation of urban and rural endowment insurance in China, explores the difficulties that hinder the current urban and rural pension insurance reform, and attempts to build a flexible urban and rural development based on the development of urban and rural areas.

Keywords

New social pension insurance, Urban and rural planning, Population aging, Reform