中文摘要：

人口死亡率下降与寿命的延长已经成为全球性的趋势。运用基于出生年效应的Lee-Carter模型对中国男性人口死亡率数据进行拟合,通过模型残差比较,发现该模型拟合效果更优。根据模型预测,发现中国男性人口的预期寿命随时间逐渐增加,但增加的幅度逐渐减少。将死亡率预测结果用于养老年金系数的估计,发现中国现行城镇职工养老保险个人账户的年金系数被严重低估,这将在未来给基本养老保险个人帐户带来很大的偿付压力。

英文摘要：

Mortality reduction and longevity have become a global trend.A cohort-based extension to the Lee-Carter model was fitted and projected for mortality data of the male population in China.The comparison of the residuals shows that the model fits better.The results of projection show that the life expectancies of the male population will increase,but the extent of increase reduced gradually.Then the results of mortality prediction are applied to the annuity factor estimate and find that the current annuity factors of the individual accounts of old-age insurance for urban workers in China were seriously underestimated.Finally we give some relevant policy suggestions.