家庭消费是促进社会经济发展的重要内驱力，而作为社会保险中最基础的险种——养老保险是影响家庭消费的重要因素之一。本文首先从理论层面讨论了基本养老保险对家庭消费的作用机制，再采用2017年中国家庭金融调查数据，分别以典型家庭购买四类消费品的概率作为被解释变量以养老保险持有情况为主要的解释变量，构建Probit回归模型，估计出了基本养老保险对家庭购买各类消费品的的影响程度。实证结果显示：基本养老保险对家庭在衣物、教育文娱和耐用品方面的消费支出的影响显著为正，与未参保的家庭相比，参保家庭购买这三类消费品的概率分别高0.1308、0.0475、0.1126，但养老保险对旅游消费决策的影响却并不显著。因此，基本养老保险促进了家庭消费，政府应该提高城乡养老保险的覆盖率，从而扩大内需，促进国民经济良性发展。

Family consumption is an important internal driving force to promote social and economic development, and as the most basic type of insurance in social insurances, endowment insurance is one of the most important factors affecting family consumption. The main research purpose of this article is to draw the correlation between endowment insurance and household consumption, and to provide suggestions for the government to improve the pension insurance policy and finally stimulate residents' consumption. This article first discusses the effect of basic endowment insurance on household consumption from a theoretical level. Then, using the data of the 2017 Chinese Household Finance Survey, four types of typical household consumption items are selected as dependent variables and basic endowment insurance is used as the main explanatory variable to construct Probit model. Regression model, from an empirical perspective, analyzes the extent to which basic pension insurance affects the probability of various household consumption decisions. The empirical results show that the basic endowment insurance and the household's consumption probability in clothing, education, tourism and durable goods are significantly positively correlated. The insured households have a higher probability of the three types of consumptions than the uninsured households by 0.1308, 0.0475, and 0.1126. Meanwhile, The impact of endowment insurance on tourism consumption is not significant. Therefore, this article believes that basic endowment insurance generally promotes household consumption. The government should further improve the endowment insurance policy and increase the coverage of endowment insurance in both urban and rural areas, thereby stimulating household consumption and promoting economic development.