The Impact of Population Aging on the Sustainability of China's Endowment Insurance Fund and Its Countermeasures
Jiang Kun1  Zhou Jiaxin2  B.Bas-Orgil(Corresponding author)

1 MongolianNationalUniversity, Ulaanbaatar city,"Bayangol.District.11th·Khoroo,National University of Mongolia, 16060；

2 Hainan Vocational University of Science and Technonlogy，No.18 Qiongshan Avenue,Meilan District, Haikou City, Hainan Province，570100；

Abstract：Population aging has become a core variable affecting the sustainability of China's endowment insurance fund. It systematically impacts the pay-as-you-go system by altering the system dependency ratio and distorting the fund's revenue and expenditure structure. From a multidisciplinary perspective, this paper analyzes the transmission mechanism of aging on fund balance. Integrating international reform experiences and domestic practical explorations, it proposes a sustainable development path centered on national pooling and supported by institutional innovation. Research indicates that a single policy is insufficient to resolve deep-seated contradictions. Comprehensive reforms, including elevating the pooling level, optimizing the financing mechanism, and making the benefit system more flexible, are needed to construct an operational system for the endowment insurance fund adaptable to an aging society.

Keywords：Population Aging; Endowment Insurance Fund; Pay-as-you-go System

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