This research paper seeks to understand whether the current basic endowment insurance policy has properly played the role of supporting the elderly needs through intergenerational support within the family. Theoretically, there are problems of the imbalanced structure of pension security, retirees' comparatively higher pension and the low-level security of young people's in-service income, and drawbacks of the existing endowment insurance system, both have a certain causal relationship with "gnawing the old." Data on China's family tracking survey in 2016 (CFPS2016), Probit model, IV and PSM r...
