Model Design and Calculation of New Three-pillar of the overall Planning of Urban- Rural Pension Insurance in China

Overall planning of urban and rural social pension insurance system is vital in perfecting basic social endowment insurance system and in promoting the process of urban and rural overall planning and urbanization in China. By analyzing the content of urban-rural overall planning on pension insurance system, the writer designs an overall planning model of three new levels which is based on national public pension, subjected by foundation platform and supported by supplementary insurance. In addition, this thesis predetermines the individual contributions and payment of rural endowment insurance of Shanghai in China, and comes to a conclusion that the national public pension platform can be founded if rural residents contribute annually 5% while being paid monthly 3% of their PCDI (Per Capita Disposable Income) of last year on endowment insurance.