Analysis on the Coverage Extension Policy of Basic Endowment Insurance for Urban Workers in China
Yongyong Sun, Qianwen Xu
Available Online April 2017.
- https://doi.org/10.2991/iceesd-17.2017.160How to use a DOI?
- basic endowment insurance for urban workers, coverage extension policy, evaluation research, financial sustainability, government, China
- It has been the work focus of Chinese government to extend the coverage of basic endowment insurance for urban workers, and it prompted a rapid growth of the fund's income and accumulated balance. This improves the financial sustainability of the system temporarily, and increases the future responsibility of payment. With the shrinking of extension potentiality and the rapid aging of the extension object, it will become increasingly difficult to improve the financial sustainability of the system relying on the extension. In this situation, the Chinese government should adjust the work focus to strengthening the financial sustainability of the system through a variety of methods, mainly including improving basic financial system, adjusting the key parameters, establishing fund reserve and perfecting the management and investment and other works.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yongyong Sun AU - Qianwen Xu PY - 2017/04 DA - 2017/04 TI - Analysis on the Coverage Extension Policy of Basic Endowment Insurance for Urban Workers in China BT - Proceedings of the 2017 6th International Conference on Energy, Environment and Sustainable Development (ICEESD 2017) PB - Atlantis Press SP - 875 EP - 882 SN - 2352-5401 UR - https://doi.org/10.2991/iceesd-17.2017.160 DO - https://doi.org/10.2991/iceesd-17.2017.160 ID - Sun2017/04 ER -