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| Does Optimal Social Pension Insurance Strategy Exisit for Rural Immigrants？ |
| Guo Yuhong1 Shen Shuguang2 |
| 1.College of Economics and Management， South China Agricultural University， Guangzhou 510642； 2.Linglan College， Sun Yat-sen University， Guangzhou 510275 |
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Abstract The labor market allocation can be distorted by the existence of an optimal social pension insurance strategy. This paper constructs a complete strategy set of social pension insurance for rural immigrants， using a representative individual numerical simulation to comprehensively and comparatively analyze the optimal insurance strategy for rural immigrants. It finds that whether it is in the two overall strategy sets or subsets， there exists an optimal insurance strategy. Especially， there exists a significant revenue threshold point in strategy sets within the same program or between different regions. It implies that the current social pension insurance is not neutral. It is neither on the behalf of rural immigrants nor can contribute to labor force allocation efficiency. Before the national integration of the basic social pension and urbanization， it suggests that sectioned revenue compensation should be applied to rural immigrants who participate in different programs or work in different regions in order to eliminate the barriers for free flow of labor force. Also， the lower bound of premium base of basic urban employee social pension insurance should be repealed to protect low-income rural immigrants.
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Received: 20 November 2018
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2018, Vol. 57 
