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

DOI

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.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

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  - 10.2991/iceesd-17.2017.160
ID  - Sun2017/04
ER  -