Game Analysis of Endowment Insurance Collection and Supervision Behavior under the Background of Price Reduction


  • Jin Zhang Central University of Finance and Economics



Reform of fee reduction; Endowment insurance collection; Evolutionary game


The Central government issued several consecutive articles stressing the need to reduce the contribution rate of endowment insurance and adjust the base of social security contributions. However, can we effectively improve the compliance rate of endowment insurance, and thus increase the actual collection income of endowment insurance through the reform of the fee reduction? What changes will be made to the behavioral decision-making methods among the various subjects, and will it affect the income from the collection of pensions? What kind of supervision is adopted by the central and local governments to promote the increase in the collection of endowment insurance? Based on these problems, this paper adopts the principal-agent game and the three-party evolutionary game model under non-completely symmetric information, analyzes the behavioral decisions of each subject in the process of collection after the fee reduction, and analyzes the influencing factors of dynamic stability and equilibrium. Analysis, and finally, in the context of the endowment insurance fee reduction, the action plan that can effectively increase the income of the endowment insurance collection. The empirical results show that the contribution rate and contribution base of endowment insurance are inversely related to the intensity of local endowment insurance collection, and the reduction of fees can effectively promote the enthusiasm of local governments for collection. When the burden of endowment insurance contributions declines, the enthusiasm of corporate payment has also increased. At the same time, improve the overall level of pensions, promote the openness and transparency of endowment insurance contributions, and strengthen the reward and punishment mechanism in the process of collecting endowment insurance premiums, which can effectively increase the income from endowment insurance collection.


[1] Liu Junqiang. Resources, Incentives and Departmental Benefits: A Cross-Sectional Study of China's Social Insurance Levy System (1999-2008) [J]. China Social Sciences, 2011 (03): 139-156 + 223.
[2] Qi Chuanjun. Prediction of Pension Gap After Reduction of Endowment Insurance Fees and Measures in the Middle and Long Term [J]. Journal of Huazhong University of Science and Technology (Social Science Edition), 2019, 33 (03): 19-25.
[3] Yang Cuiying, Wang Runquan, Cheng Yu. Rate level and rate structure: International comparison of social insurance contributions [J]. Economic System Reform, 2018 (02): 152-158.
[4] Feng Jin. Participation Incentive of Social Insurance System for Chinese Urban Employees [J]. Economic Research, 2013, 48 (07): 104-117.
[5] Zheng Bingwen. Lowering the contribution rate and expanding personal accounts of endowment insurance—the “extra gain” of reform of the levy system [J]. Administrative Reform, 2018 (11): 12-21.
[6] Zeng Yi, Li Xiaolin. Reducing pension insurance contribution rate and fund sustainability: can fish and bear's paw have both? [J]. Journal of Shanghai University of Finance and Economics, 2019, 21 (04): 100-111.
[7] Zeng Yi, Li Xiaolin, Shi Chenxi. How far can the policy of reducing the endowment insurance contribution rate go? [J]. Finance Research, 2019 (06): 102-115.
[8] Chen Xi. Endowment insurance fee reduction rate, fund income and long-term income and expenditure balance [J]. China Population Science, 2017 (03): 55-69 + 127.
Yang Jun.Study on the Optimal Contribution Rate of the Endowment Insurance System of "Combined Accounts" [J] .Social Security Review, 2017,1 (03): 57-69.
[9] Zheng Bingwen. Supply-side: Significance of fee reduction to structural reform of social insurance [J]. China Population Science, 2016 (03): 2-11 + 126.
[10] Yang Lixiong. Research on countermeasures to strengthen the management of endowment insurance levy [J]. Economic Survey, 2010 (09): 33-37.
[11] Wang Runquan, Jin Hao, Yang Cuiying. Is China's Social Insurance Burden High or Low? —— An Empirical Analysis Based on Actual Payments of Enterprises and Employees [J]. Journal of Jiangxi University of Finance and Economics, 2017 (06): 53-63.
[12] Cheng Xin, Deng Dasong. An empirical analysis of the actual social insurance payment rate standards for Chinese enterprises [J]. Statistics and Decision, 2019, 35 (03): 185-188.
[13] Zhao Jing, Mao Jie, Zhang Lei. Social Insurance Contribution Rate, Participation Probability, and Contribution Level: An Empirical Study on Evasion Behavior of Employees and Enterprises [J] .Economics (Quarterly), 2016, 15 (01) : 341-372.
[14] Zheng Bingwen. Significant "double drop": a turning point in the process of social security reform: from the perspective of long-term institutional arrangements and long-term economic growth [J]. Journal of Huazhong University of Science and Technology (Social Science Edition), 2019, 33 (03 ): 1-10.
[15] Hu Qiuming, Jing Peng. Evolution and adjustment of the relationship between social insurance payment subject's evasion behavior [J]. Science of Finance and Economics, 2014 (10): 19-28.
[16]Enoff, L. D.& McKinnon, R. (2011). Social Security Contribution Collection and Compliance: Improving Governance to Extend Social Protection. International Social Security Review,64 (4) :99-119.
[17]Bailey, C. & Turner,J. (2001). Strategies to Reduce Contribution Evasion in Social Security Fnancing. World Development, 29(2): 385-393.
[18] Warren McGillivray. Contribution evasion: Implications for social security pension schemes[J]. International Social Security Review,2001,54(4).
[19] Wang Xianhe, Song Zhijiang, Ma Yuxiang. Efficiency Analysis and Reform Path Choice of Social Insurance Fee Collection and Management Model in China [J]. Tax Research, 2014 (05): 74-77.
[20]Tine Stanovnik,Predrag Bejaković,Agnieszka Chłoń-Domińczak. The collection of pension contributions: a comparative review of three Central European countries[J]. Economic Research-Ekonomska Istraživanja,2015,28(1).
[21] Peng Xuemei, Liu Yang, Lin Hui. Will the collection agency affect the collection effect of social insurance premiums? —— An empirical study based on the effect of social security agency and local tax collection [J]. Management World, 2015 (06): 63 -71.
[22] Jiang Hongli, He Jianmin, Yao Hongxing. Evolutionary Game Analysis of "Evasion of Fees" in the Collection of Social Endowment Insurance [J]. Statistics and Decision, 2017 (04): 161-163.
[23] Peng Haoran, Yue Jinglun, Li Chenhuan. Is there a bottom-to-bottom competition in the collection of endowment insurance by Chinese local governments? [J]. Management World, 2018, 34 (02): 103-111.
[24] Peng Zhaiwen. Fiscal Decentralization, Transfer Payments and Incentives for Local Government Endowment Insurance Evasion Management [J]. Social Security Research, 2010 (01): 138-150.
[25]Gillion, C., Turner, J., Bailey, C. & Latulippe, D. Eds. (2000). Social Security Pensions: Development and Reform. Geneva: International Labor Office.
[26] Duan Yawei. Motivation of enterprises, employees and the government conspiring to evade insurance—based on a three-party game model [J]. Journal of Jiangxi University of Finance and Economics, 2015 (02): 59-68.
[27] Zhao Man. Transfer burden and fragility of China's endowment insurance system [J]. Economic Management, 2010, 32 (12): 151-157.
[28] Meng Rongfang. Finding balance in the game of interests: a logic analysis of the decision of the local government's basic old-age security system [J]. Economics and Management, 2014, 28 (04): 21-27.
[29] Zeng Yi, Ling Yun. The space and scheme simulation of the reduction of China's social insurance contribution rate: A case study of the basic endowment insurance for urban enterprise employees [J]. Finance and Economics Journal, 2017 (06): 50-59.
[30] Zhang Rui, Liu Junxia. Study on the Spatial Reduction of Employees' Basic Pension Insurance Contribution Rate——Based on Provincial Panel Data [J]. Economic Survey, 2018, 35 (01): 138-145.
[31] Li Pei, Fan Chuan. Study on the Adjustment Space of China's Urban Employee Endowment Insurance Rates [J]. Insurance Research, 2018 (01): 14-26.
[32] Yang Jun. Research on the Optimal Contribution Rate of the Endowment Insurance System of "Combined Accounts" [J]. Social Security Review, 2017, 1 (03): 57-69.
[33] Yang Zaigui. Research on the Optimal Contribution Rate and the Best Bookkeeping Interest Rate of Basic Endowment Insurance for Enterprise Employees at the Present Stage [J]. Journal of Huazhong Normal University (Humanities and Social Sciences), 2018, 57 (01): 55-64 .
[34] Wang Runquan, Lu Yu, Yang Cuiying. How is it possible to reduce pension insurance fees? —— Actuarial analysis from the perspective of fund balance [J]. Population and Development, 2019, 25 (04): 23-33.
[35] Hong Li, Zeng Guoan. Adjustment of Endowment Insurance Contribution Rate and Economic Growth: Theoretical Model and Numerical Simulation [J] .Social Security Research, 2017 (02): 3-12.
[36] Ouyang Ying, Zhou Xingying. Game Analysis of Evolution of Corporate Taxation Based on "Whistler" [J] .Tax Research, 2019 (03): 86-90.
[37] Peng Minjiao, Fang Zhu, Wang Min. Research on the Behavior of Tax Collection Subjects from the Perspective of Game Theory [J] .Tax Research, 2019 (08): 89-97.
[38] Li Chungen, Xia Yi. The formation logic, essence and policy adjustment of corporate social insurance payment bases: based on the perspective of collective selection of stakeholders [J]. Tax Research, 2019 (06): 10-15.
[39] Friedman D. Evolutionary games in economics[J]. Econometrica, 1991,59(3):637-666.
[40] Chen Zhenling, Wang Wenju. Game analysis of the evolution of government and polluting enterprises under the environmental tax system [J]. Management Review, 2017, 29 (05): 226-236.
[41] Zhou Feizhou. Tournament System [J] .Sociology Research, 2009,24 (03): 54-77 + 244.
[42] Song Biao, Xu Shasha, Ding Qingyang. Game Analysis of the Evolution of Opportunistic Behaviors of Enterprise Cooperation and Government Supervision under the “Belt and Road” Strategy [J]. Management Review, 2018, 30 (01): 118-126.




How to Cite

Zhang, J. (2020). Game Analysis of Endowment Insurance Collection and Supervision Behavior under the Background of Price Reduction. Advances in Social Sciences Research Journal, 7(1), 131–152.