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| Author: | Shen, Shicang |
| Title: | Current fund-raising situation and operational risk of China's social old-age pension (original in Chinese) |
| Journal: | Nankai Economic Studies (c)
1999 : 12, p.51-56 |
| Index terms: | LIFE INSURANCE SOCIAL SECURITY CHINA |
| Language: | chn |
| Abstract: | At present, the financing of China's old-age pension faces faces a lot of risks: the old-age pension adds to the burden of enterprises; wage substitution rate is high and there are comparatively less fund-raising channels; the problem of aging sharply increases the expenditure; historically there is a heavy debt and a lack of fund accumulation. To ensure the smooth operation of the social old-age pension and attain the set objective of social endowment insurance, the government should give a financial support, perfect laws and regulations, adopt administrative legislation etc. to guarantee the fund-raising of the social old-age pension. |
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