偿付责任 meaning in English

responsibility

He was not liable for his son ' s debts
他对他儿子的债务没有偿付责任。
By adopting a cash - in and cash - out fun - raising method , which pays for the various social security items of the current year through that year ' s fiscal revenue and through a part of the earnings from the enterprises , the coverage of our country ' s traditional social security system is limited to workers of state enterprises and to workers of some collectively owned enterprises . this method , owing to its lack of accumulated funds and of figuring out estimates for its due payable responsibility , cannot possess long - term positive financial potentials . instead , it hinders us from establishing our modern enterprise system and prevents us from reforming our mechanism of using and financing the work force
我国传统的社会保障系统，保障和覆盖对象狭窄，基本上仅对国营单位职工和部分集体单位的职工提供保障，采取现收现付的筹资模式，根据需要和可能，用当年财政收入和企业收入中的一部分直接支付当年的社会保障各项待遇，没有基金积累也没有对制度未来偿付责任的估计，这样的制度不可能具有长期财务能力，也阻碍了劳动制度的改革和现代企业制度的建立。