Through in-depth analysis of related theoreticalresearch results, it can be clarified that if the pensionlevel is not adequate, it will not be possible to guaranteethe basic life of the elderly. At the same time, it isdifficult to effectively stimulate consumption growth.And as the level of pensions continues to increase,people’s enthusiasm for work is also difficult tostimulate and effectively maintain. Over time, it willlead to increasing financial pressure on the government.Therefore, in the actuarial research, the design of thepension insurance benefit level plan for urban residentsmust not ignore the definition of the appropriate levelstandard. [2] On the one hand, with regard to thesubsistence allowance standard, in the process ofestablishing the target replacement rate subsistenceallowance standard, it should be clarified around theaverage of one year. On the other hand, in terms of theEngel coefficient standard, the analysis of the Engelcoefficient in the past few years should be regarded asan important basis, and then the regression analysisshould be carried out, with emphasis on predicting theAdvances in Economics, Business and Management Research, volume 203Proceedings of the 2021 3rd International Conference on Economic Management andCultural Industry (ICEMCI 2021)Copyright © 2021 The Authors. Published by Atlantis Press International B.V.This is an open access article distributed under the CC BY-NC 4.0 license -http://creativecommons.org/licenses/by-nc/4.0/. 3343