Translated Title
Forecast Analysis of Urban Residents’ Endowment Insurance Expenditure in China—Based on Grey GM(1,1) Model
Translated Abstract
With the development of science and technology and medical technology, people’s overall life ex-pectancy is prolonged, so the pension fund has brought great challenges. Therefore, the precise forecast and analysis of the endowment insurance for urban residents in China can lay foundation for the follow-up study of the endowment insurance system in the future. Based on the data of the elderly population and the dependency rate from 2010 to 2014, this paper firstly makes a descriptive analysis of the overall elderly population in China; secondly, it uses the grey GM(1,1) model to forecast and analyze the residents’ pension insurance expenditure. The results show that: China has shown an aging trend; pension expenditure is showing an upward trend year by year; therefore, the government should adjust and improve the relevant policies.
Access Number
WF:perioarticalHANS201810230133
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