International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Analysis of Sustainability Fund-Raising Ability of the New Rural Social Pension Insurance
Kang Hongjun

Abstract
New rural social pension insurance(NRSPI) fund consists of the individual contributions、collective benefits and government subsidies, in which the government subsidies include central financial subsidies and local financial subsidies. Currently, the new agricultural insurance fund-raising body, the most difficult financing is the local governments, especially in poor central and western regions. New agricultural insurance’s ability to finance is direct affect of new agricultural insurance system sustainable development. In order to ensure the smooth new agricultural insurance fund raising and effectively improving the farmers of the new agricultural insurance policy credibility; developing township enterprises and collective economy; reasonable adjusting the central agricultural insurance subsidies for the new model; timely improving local governments subsidies standards.

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