名义账户制:我国养老保险模式的合理选择——基于现收现付制与完全积累制之异同比较

On Notional Account: A Reasonable Choice of Old-age Insurance Pattern in China——Based on the Comparison of Similarities and Differences between Pay As You Go System and Fully Funded System

养老保险筹资模式的选择在我国迄今仍存在较大争议。实际上,现收现付制和完全积累制作为养老保险的两种基本筹资模式,尽管在对储蓄率和成本的影响上存在较大差异,但在养老保险功能的发挥上却具有等效性。在我国当前储蓄率较高的情况下,成本应成为养老保险筹资模式选择需要考虑的主要因素,现收现付制应成为养老保险筹资模式的基本选择。在当前我国养老保险采行"统账结合"模式的情况下,名义账户制可作为我国养老保险模式的现实选择。

There still has been a controversy about the choice of old-age insurance financing mode.As a matter of fact,pay as you go system and fully funded system,being two basic financing modes of old-age insurance,although are different in their effects on saving rate and cost,their effects on old-age insurance function are similar.Under the condition of higher saving rate in China,cost should be considered a main factor for choosing old-age insurance financing mode.The pay as you go system should be a basic choice for old-age insurance financing mode.Under the condition of ＂the social fund plus individual account system＂ of present old-age insurance,the nominal account system can be a practical choice for old-age insurance system in China.