Ecological Analysis of the Impact of Rural Basic Pension Insurance on Farmers’ Objective Protection and Subjective Perception—A Case Study of Hangzhou, China

In order to develop ecological farming, China has established a unified basic pension insurance system for urban and rural farmers. Ecological farming is a pioneering, practical development which aims to create globally sustainable land management systems, and encourages review of the importance of maintaining biodiversity in food production and farming end products. This article takes Hangzhou as an example, to study the guarantee extent of the implementation of the basic pension insurance system on the objective security of rural residents’ life. This paper also studies the subjective perception of rural residents’ well-being, urban and rural integration and social fairness under the existing rural basic old-age insurance policy. A switch to ecological farming will benefit health and environment. The results show that the rural endowment insurance is not enough to meet the needs of life and the satisfaction of the endowment insurance policy and has a significant impact on rural residents’ sense of happiness and social justice. The article reveals the possible shortcomings of the industrial agriculture and current basic old-age insurance in rural areas, thus providing a reference for the government to formulate an integrated urban and rural endowment insurance system.