The Existing Problems and Countermeasures of Rural Endowment Insurance in China

Abstract

China is a vast country with a large rural household population, which has evolved from a traditional farming country. With economic development, the problem of ageing is becoming increasingly serious and rural pension insurance is receiving unprecedented attention. In this paper, the history of China's pension insurance development and related policies are explained in detail, the weaknesses of the country's pension insurance development are analysed, a socialist rural pension insurance legal system suitable for China's national conditions is established, and measures such as fine grass-roots services and the establishment of a government platform for the employment of surplus rural labour are taken to realize that the elderly in rural areas can have a sense of security and security in their old age.