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Pension insurance is an important part of the social security pension system in the country's economic stability and security of the elderly population of the importance of life has made widespread consensus. In many developed countries , pension spending has become the first fiscal expenditure . In China , on the one hand , although in comparison with other countries, the low level of pension spending , but the state's financial investment in pension insurance is growing ; the other hand, although the pension level continues to increase, but the nature of the different units pension gold level gap is growing, resulting in a total social welfare benefits tilted down . Research expenditures are therefore modest pension insurance to protect the elderly population lives and stabilize the financial expenditure , give full play to the \Firstly, the moderate level of spending on old-age insurance background, status and meanings are described ; Secondly, from the level of social welfare pension insurance relationship , based on the classification of pension expenditures , analyzes the theoretical basis modest pension expenditure ; in building moderate level of pension expenditure theoretical aspects , respectively, from a pension spending measure , influencing factors , targeting start draw pension expenditure restraint interval , and thus moderate pension expenditure program design ; once again respectively pension insurance for urban workers , agencies and institutions old-age insurance, new rural endowment insurance for analysis , from the policy status quo, data analysis, issues and policy recommendations summarized four aspects ; finally arrive at conclusions modest pension expenditure levels .
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