By analyzing the starting point, it is pointed out that because of it's public goods characteristic and path dependence, the basic endowment insurance system is a mandatory institutional change, which is under the leadership of the government.
In this paper,using annuity theory and combining with State Department′s 'the decision of establishing consolidated corporation employee pension system',the actuarial model of pension substitute rate with different contributing years to employees is derived;
To conduct a theoretical analysis on the roles of a government and to define its responsibilities in the pension insurance system is of great significance for the sound development of the system itself.
In this paper,the author analyzes the ability of premium payment in the rural area of East, Middle,West of China and tries to provide some reference to the rural social pension insurance system of China.
The rate of return on capital for pension system in China
The present pension system in Russia: Funding and regulations
We also study the interactions between a pay-as-you-go pension system and demographic disturbances.
Next, a pay-as-you-go financed state pension system is introduced.
In this paper, the impact of the West German pension system on the retirement decisions of elderly citizens is analyzed within the framework of a discrete-time hazard rate model deduced from a micro-economic decision rule.
In addition to an old-age insurance system which redistributes income from the young to the old, family allowances build a further redistributive system which typically favors younger and burdens older generations.