CAJ | 학술논문

本文基于终生收入法构建基础养老金的精算模型，通过测算净收益额与净收益率发现：我国现行养老保险制度能够调节不同所有制企业之间的收入分配差距，公平差异化的工资增长率有利于强化正向收入再分配效应；但现行缴费机制的“累退性”弱化了养老保险的再分配功能，甚至可能导致逆向调节效应；基本不存在地区之间的收入再分配；工资增长率和养老金待遇调整比例越高，受益企业越多且受益程度越大，代际再分配效应越强；如果利率大于养老金增长率，参保者都将遭受损失，对高收入企业尤为不利。
본문기우종생수입법구건기출양로금적정산모형，통과측산정수익액여정수익솔발현：아국현행양로보험제도능구조절불동소유제기업지간적수입분배차거，공평차이화적공자증장솔유리우강화정향수입재분배효응；단현행격비궤제적“루퇴성”약화료양로보험적재분배공능，심지가능도치역향조절효응；기본불존재지구지간적수입재분배；공자증장솔화양로금대우조정비례월고，수익기업월다차수익정도월대，대제재분배효응월강；여과리솔대우양로금증장솔，삼보자도장조수손실，대고수입기업우위불리。
Based on the lifetime method , a basic pension actuarial model is constructed and used to measure net income . The outcomes show that the current pension system can regulate the income distribution gap among different ownership enter -prises, and fair and differentiated wage growth is beneficial to strengthening its positive effect .However, the regressive mecha-nism in the system increases the burden of private enterprises , thus weakens the redistribution effect , and could even result in its reverse regulation effect .It is also found that there is no income redistribution across regions;if the wage growth rate and the proportion of pension adjustment are higher , the degree of benefits is greater;but if the interest rate is greater than the pro-portion of pension growth , all employees who participate in old-age insurance will suffer loss .And if the average wage is high-er, the loss will be greater .