Proceedings of the 2017 6th International Conference on Energy, Environment and Sustainable Development (ICEESD 2017)

Analysis on the Coverage Extension Policy of Basic Endowment Insurance for Urban Workers in China

Authors
Yongyong Sun, Qianwen Xu
Corresponding Author
Yongyong Sun
Available Online April 2017.
DOI
https://doi.org/10.2991/iceesd-17.2017.160How to use a DOI?
Keywords
basic endowment insurance for urban workers, coverage extension policy, evaluation research, financial sustainability, government, China
Abstract
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.
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Proceedings
2017 6th International Conference on Energy, Environment and Sustainable Development (ICEESD 2017)
Part of series
Advances in Engineering Research
Publication Date
April 2017
ISBN
978-94-6252-328-9
ISSN
2352-5401
DOI
https://doi.org/10.2991/iceesd-17.2017.160How to use a DOI?
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  - 2017 6th International Conference on Energy, Environment and Sustainable Development (ICEESD 2017)
PB  - Atlantis Press
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  -