What is the secret of pension insurance？

First and foremost，pension insurance means a social insurance system created by the state in accordance with relevant laws and regulations to guarantee the basic livelihood of workers after reaching the worker's limitation of age set by the state to end their labor obligations or leaving their work positions because of the loss of labor ability when he or her reached old age. Below are explanations of the reason that pension insurance springs up from the regional  perspectives.

Nowadays, the willingness of Chinese citizens to bring up kids has experienced huge changes. In addition to being influenced by the national policy, the rapid development and improvement of the social security system has also a have an unavoidable influence on thoughts. In conventional society, economic development mainly depends on the quantity of labor. Therefore，people in past will hold a belif that the more children they have, the more returns they can receive. Whereas，in modern society, having children is not the factors that effect economic development absolutely. The reason why I say that  is the decisive factor in boosting economic development is no longer the quantity of labor but the level of science and technology. As far as I'm concerned, with the tempos of modern society accelerate, raising too many kids will increase the pressure of raising them , finally result in a weak willingness of adopting children.Additionly, according to the theory of fertility rate, childbirth has certain insurance which is aimed at providing benefits for elderly care. we all know that the traditional elderly care model regards family elderly care as foundation. Whereas, due to the development and innovation of urban and rural residents' elderly care insurance, the social elderly care model has maken huge progress, a wide range of certain substitutions for traditional family elderly care has been put into use. Basic pension insurance can guarantee the basic living leveling of insured individuals during their retirement period, which relives their anxieties about retirement in a certain edegree, and reduces their relance on their children when they need helps. Therefore, people's willingness to have  children is decreasing.

Under this circumstance, especially fragile rural social pension systems, on the one hand, the urban-rural dual social structure makes an obvious difference between the developed urban productivity and the sound social security system, including the backward rural productivity and a single family pension model. one the other hand, it boosts the gender preference of certain families. pension insurance has something with willingness.According to the data，pension insurance will reduce the total willingness to give birth by 14.1%, the willingness to give birth to boys by 7.2% , and the willingness to give birth to girls by 5.4%. Adiitionally， further analysis indicated that this negative impact mainly occurs in low-income and high-income families, and the impact on middle-income families is not meaningful. Therefore, the conclusion reveals that higher income and urban household registration residents tend to have fewer children. In brief, the paper combines the two to study the impact of basic pension insurance on residents' fertility willingness. At the same time, it was the popularity of  consciousness of not having kids that pension insurance become a hot trend in the old.