延迟退休与养老金替代率的探讨

Discussion of Delay Retirement and Pension Replacement Rate

养老金替代率作为反映养老保障制度慷慨程度的一个重要相对指标,其适度水平将有利于提高国民对制度实施和制度改革的信心。针对目前讨论最热的延迟退休、做实个人账户以及市场化投资的问题,本文将以养老金替代率为切入点,根据现有政策进一步细化养老金替代率模型,测算不同退休年龄和投资收益率下的养老金替代率,并以此为基础对制度参数的调整和有关改革措施进行分析和评价。

As a relatively important indicator to reflect the generosity of the pension system,the moderate pension replacement rate will contribute to improve the confidence in the implementation and reformation of the basic pension system.Aimed at the hottest discussions,such as delaying retirement,funding individual accounts and doing market-oriented investment,this article utilized the pension replacement rate as an entry point and further refined its model according to the current policies.Through estimating the pension replacement rate under different retirement age and return on investment,it analyzed and evaluated the adjustment of system parameters and relevant reform measures.