CCER-NBER Annual Meeting Social Security Pension Rerorm in China


 date:2002-3-18 source:BiMBA         

ABSTRACT
   China has legislated a mixed social security pension system with a defined benefit pay-as-you-go portion and an investment-based defined contribution portion. This paper analyses the economics of these two types of systems in the Chinese context and calculates the advantage to China of using an  investment-based portion. Several options for reform of the recently legislated system are considered.

download:1426-1.pdf

 
 
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