Humanities and Social Sciences

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Investigation of Key Problems and Future Development of China's Endowment

Received: May 27, 2018    Accepted: Jun. 19, 2018    Published: Jul. 11, 2018
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Abstract

The basic endowment insurance system for enterprise employees has already covered migrant workers in China. However, a number of migrant workers have withdrawn from insurance system in economically developed regions in recent years. And the number is on the rise. The root cause for it lies in the institutional barrier of trans-regional migration. Besides, it also closely linked to the internal contradictoriness in the endowment insurance system. This paper aims at discussing how to break the trans-regional migration obstacles of endowment insurance system and promote the current pooling account from provincial level to national level. Based on the analysis on China's basic endowment insurance system, four main problems has been found. They are county-based system and low level of pension pooling, trade-off in local governments caused by fiscal backstop, restrictions from the existing fiscal system, and implement of policies relies heavily on execution of basic-level governments. In order to solve these problems of existing endowment insurance system, establishing an integrated endowment insurance system which covers the whole Chinese citizens is further proposed. In addition, confronted with the current fact that we have a big gap of social security treatment between urban and rural areas, among different regions and among various groups, the feasible solution is to complete transformation from differential universal-type social welfare system to fair universal-type social welfare system. To promote the current pooling account from provincial level to national level, it needs to be carried forward systematically and stage by stage.

DOI 10.11648/j.hss.20180603.12
Published in Humanities and Social Sciences ( Volume 6, Issue 3, May 2018 )
Page(s) 97-102
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Endowment Insurance System, National Pooling, Local Governments' Interests, Tax Federalism, Universal-Type Social Security System

References
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    Lan Ma. (2018). Investigation of Key Problems and Future Development of China's Endowment. Humanities and Social Sciences, 6(3), 97-102. https://doi.org/10.11648/j.hss.20180603.12

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    Lan Ma. Investigation of Key Problems and Future Development of China's Endowment. Humanit. Soc. Sci. 2018, 6(3), 97-102. doi: 10.11648/j.hss.20180603.12

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    AMA Style

    Lan Ma. Investigation of Key Problems and Future Development of China's Endowment. Humanit Soc Sci. 2018;6(3):97-102. doi: 10.11648/j.hss.20180603.12

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  • @article{10.11648/j.hss.20180603.12,
      author = {Lan Ma},
      title = {Investigation of Key Problems and Future Development of China's Endowment},
      journal = {Humanities and Social Sciences},
      volume = {6},
      number = {3},
      pages = {97-102},
      doi = {10.11648/j.hss.20180603.12},
      url = {https://doi.org/10.11648/j.hss.20180603.12},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.hss.20180603.12},
      abstract = {The basic endowment insurance system for enterprise employees has already covered migrant workers in China. However, a number of migrant workers have withdrawn from insurance system in economically developed regions in recent years. And the number is on the rise. The root cause for it lies in the institutional barrier of trans-regional migration. Besides, it also closely linked to the internal contradictoriness in the endowment insurance system. This paper aims at discussing how to break the trans-regional migration obstacles of endowment insurance system and promote the current pooling account from provincial level to national level. Based on the analysis on China's basic endowment insurance system, four main problems has been found. They are county-based system and low level of pension pooling, trade-off in local governments caused by fiscal backstop, restrictions from the existing fiscal system, and implement of policies relies heavily on execution of basic-level governments. In order to solve these problems of existing endowment insurance system, establishing an integrated endowment insurance system which covers the whole Chinese citizens is further proposed. In addition, confronted with the current fact that we have a big gap of social security treatment between urban and rural areas, among different regions and among various groups, the feasible solution is to complete transformation from differential universal-type social welfare system to fair universal-type social welfare system. To promote the current pooling account from provincial level to national level, it needs to be carried forward systematically and stage by stage.},
     year = {2018}
    }
    

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  • TY  - JOUR
    T1  - Investigation of Key Problems and Future Development of China's Endowment
    AU  - Lan Ma
    Y1  - 2018/07/11
    PY  - 2018
    N1  - https://doi.org/10.11648/j.hss.20180603.12
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    T2  - Humanities and Social Sciences
    JF  - Humanities and Social Sciences
    JO  - Humanities and Social Sciences
    SP  - 97
    EP  - 102
    PB  - Science Publishing Group
    SN  - 2330-8184
    UR  - https://doi.org/10.11648/j.hss.20180603.12
    AB  - The basic endowment insurance system for enterprise employees has already covered migrant workers in China. However, a number of migrant workers have withdrawn from insurance system in economically developed regions in recent years. And the number is on the rise. The root cause for it lies in the institutional barrier of trans-regional migration. Besides, it also closely linked to the internal contradictoriness in the endowment insurance system. This paper aims at discussing how to break the trans-regional migration obstacles of endowment insurance system and promote the current pooling account from provincial level to national level. Based on the analysis on China's basic endowment insurance system, four main problems has been found. They are county-based system and low level of pension pooling, trade-off in local governments caused by fiscal backstop, restrictions from the existing fiscal system, and implement of policies relies heavily on execution of basic-level governments. In order to solve these problems of existing endowment insurance system, establishing an integrated endowment insurance system which covers the whole Chinese citizens is further proposed. In addition, confronted with the current fact that we have a big gap of social security treatment between urban and rural areas, among different regions and among various groups, the feasible solution is to complete transformation from differential universal-type social welfare system to fair universal-type social welfare system. To promote the current pooling account from provincial level to national level, it needs to be carried forward systematically and stage by stage.
    VL  - 6
    IS  - 3
    ER  - 

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Author Information
  • Jiangsu Provincial Academy of Social Sciences, Nanjing, P. R. China; School of Social and Behavior Science, Nanjing University, Nanjing, P. R. China

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