养老保险体系的两种模式与社会经济因素关系比较分析

本文分析了现收现付和基金积累两种不同养老保险模式与人口老龄化、社会经济增长、通货膨胀、储蓄等社会经济因素之间的关系。经济的增长情况以不同的方式对现收现付模式和基金积累模式产生影响:对现收现付模式来说,如果经济增长缓慢,未来就业者的养老金负担就会增加,其效果与老龄人口在总人口中的比重增大一样;对于基金积累模式而言,如果经济的增长缓慢,那么在长时期内,利率就会处于一个相对较低的水平,这是不利于养老基金的有效增值,未来退休者的养老金收益就会减少。与现收现付模式相比,基金积累模式能带来一个更高的储蓄水平。

A Comparison and Analysis of the Relationship between the Two Endowment Insu rance Patterns and Social Economic Factors

The paper anal ys es the relation between the two endowment insurance patterns as cash receipts an d cash payments and fund accumulation and several social economic factors such a s tendency of population aging,social economic growth,inflation,sav-ings.Econom ic growth affects the two patterns in different ways.For cash receipts and cash payments,if the growth becomes slow,it' ll further burden endowment insurance su pply for future workers the effect of which resembles that of the increase of pr oportion of elderly population in the gross population;for fund accumulation of, the slow economic growth will have the interest rate stand at a relatively low p oint for long which does not help the effective increment,thus leading to lessen the proceeds for the future retirees.Compared with cash receipts and cash payme nts,fund accumulation will bring forward a high savings level.