Chen Yan, Zhao Lisheng, Fan Yubing, Xie Bingxue
Center of Minority Studies in Northwest China, College of History and Culture, Lanzhou University, Lanzhou, Gansu, China.
Texas A&M AgriLife Research and Extension Center, Vernon, Texas, United States of America.
PLoS One. 2021 Apr 16;16(4):e0250130. doi: 10.1371/journal.pone.0250130. eCollection 2021.
The sustainable development of pension systems has been investigated from a financial perspective worldwide. However, the pension adequacy and its effect on the sustainability of a national pension system are still understudied. Using actual replacement rate and modified living standards replacement rate, this study empirically evaluates whether China's New Rural Pension Scheme (NRPS) grants enough livelihood protection for the rural residents in the Northwestern China. The results show that the NRPS fails to meet the basic needs of the elderly people (i.e., age of sixty years or older) or the middle-aged people (forty-five to fifty-nine years old), while it only provides limited protection for the young people (sixteen to forty-four years old). These findings suggest that the current NRPS benefits are very low in the Northwestern China and policy reforms should be further implemented to improve the sustainable development of the New Rural Pension Scheme.
全球范围内已从金融角度对养老金体系的可持续发展进行了研究。然而，养老金充足性及其对国家养老金体系可持续性的影响仍未得到充分研究。本研究使用实际替代率和调整后的生活水平替代率，实证评估了中国新型农村社会养老保险（新农保）是否为中国西北地区的农村居民提供了足够的生计保障。结果表明，新农保未能满足老年人（即60岁及以上）或中年人（45至59岁）的基本需求，而只为年轻人（16至44岁）提供了有限的保障。这些发现表明，中国西北地区目前的新农保福利水平很低，应进一步实施政策改革以促进新型农村社会养老保险的可持续发展。
