scholarly journals Delaying Retirement and Individual Account Finance of China’s Basic Pension Insurance

2020 ◽  
Vol 2 (4) ◽  
pp. 86-91
Author(s):  
Xiaohua Chen
Keyword(s):  
Pension Insurance ◽  
Individual Account

Individual Account Pension Actuarial Model under Fixed Interest Rates

2014 ◽  
Vol 556-562 ◽  
pp. 6556-6560
Author(s):  
Nian Nian Jia ◽  
Xue Zhao ◽  
Liu Yang
Keyword(s):  
Interest Rates ◽  
Pension System ◽  
Population Aging ◽  
Joint Modeling ◽  
Standard Wiener Process ◽  
Pension Insurance ◽  
Individual Account ◽  
Personal Accounts ◽  
The Impact ◽  
Actuarial Model

In the context of the global population aging, pension issue has become highly important and pressing national concerns. Therefore, to further improve and perfect pension system, especially for the pension insurance system, has a very important social value. From the following aspects of old-age insurance personal accounts actuarial model: The first, deduced fixed interest rate, monthly payment of personal accounts pension actuarial model; the second, taking into account the impact of different factors on interest rates, constructed in the form of joint modeling standard Wiener process and Poisson process personal accounts pension actuarial model formula is derived.

Further Reform of China’s Pension System: A Realistic Alternative Option to Fully Funded Individual Accounts

2007 ◽  
Vol 6 (2) ◽  
pp. 112-135
Author(s):  
Wei Zhang
Keyword(s):  
Capital Market ◽  
Pension System ◽  
Defined Contribution ◽  
Management Skills ◽  
Pension Insurance ◽  
Individual Account ◽  
System A ◽  
Financial Difficulties ◽  
The Individual

China's newly established three-pillar pension system consists of: basic pension; fully funded individual account; and voluntary commercial pension insurance. The second component faces immense financial difficulties caused by transitional costs in the short term and demographic changes in the long term. In addition, the inefficiency of the current capital market and the lack of fund management skills mean that these financial problems are unlikely to be solved within the existing framework of the fully funded individual account. This paper suggests another option—changing the fully funded individual account to a notional defined contribution individual account that operates on a pay-as-you-go basis. This change will keep the advantages of the individual account and avoid the huge risks caused by China's immature capital market.

Quality management in medical rehabilitative care by the German statutory pension insurance scheme

2020 ◽  
Vol 55 (6) ◽  
Author(s):  
Marlen Zeisberger ◽  
Daniel Nowik ◽  
Larissa Beck ◽  
Stefanie Märtin ◽  
Ulrike Beckmann ◽  
...  
Keyword(s):  
Quality Management ◽  
Insurance Scheme ◽  
Pension Insurance ◽  
Rehabilitative Care

scholarly journals Do Public Pensions Improve Mental Wellbeing? Evidence from the New Rural Society Pension Insurance Program

2021 ◽  
Vol 18 (5) ◽  
pp. 2391
Author(s):  
Fang Wang ◽  
Haitao Zheng
Keyword(s):  
Mental Health ◽  
Rural Society ◽  
Rural Elderly ◽  
Public Pensions ◽  
Mental Wellbeing ◽  
Elderly Persons ◽  
Pension Insurance ◽  
Beneficial Effects ◽  
Pension Income ◽  
The Impact

The causal effect of public pensions on the mental wellbeing of the elderly in lower and middle-income countries deserves further investigation. This paper first constructed a theoretical framework for the impact of New Rural Society Pension Insurance pensions in China on the mental wellbeing of the rural elderly, and described potential channels through which pension income may affect mental wellbeing. We then used the fixed effect model and the instrument variable approach to estimate the casual effects of pension income on the mental wellbeing of the rural elderly. The results reveal that pension income improves mental wellbeing by relieving depression of the rural elderly; however, the beneficial effects of pension income are very limited. Pension income has no beneficial effects on the mental health of the rural elderly in the east region, whereas it slightly relieves depression of those in the middle and west regions. We also found that pension income produces small improvements in the mental health of older females, elderly persons living independently, and those with relatively poor economic conditions.

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