This paper takes Mr.Wang's family,a middle-and high-income household in a first-tier city,as a case study to explore the path of personal pension planning.It conducts a comparative analysis of the actuarial logic ...This paper takes Mr.Wang's family,a middle-and high-income household in a first-tier city,as a case study to explore the path of personal pension planning.It conducts a comparative analysis of the actuarial logic between the U.S.IRA system and China's third-pillar personal pension system.The findings indicate that China's personal pension system,characterized by inclusiveness and certainty,is suitable for taxpayers with a marginal tax rate higher than 3%.For Mr.Wang's family,the optimal strategy is to make the maximum annual contribution to the personal pension account,positioning such contributions as basic assets.Although these assets alone may not fully cover the family's entire pension needs,they can serve as a solid"safety cushion"for elderly care security.By combining this with other asset allocations,a multi-tiered pension security system can be established to achieve long-term financial security in retirement.展开更多
Against the backdrop of uneven pressure on the three-pillar pension system and a mismatch between pension funds and the demographic structure,a large number of employees in new forms of employment remain outside the p...Against the backdrop of uneven pressure on the three-pillar pension system and a mismatch between pension funds and the demographic structure,a large number of employees in new forms of employment remain outside the pension security system,facing relatively high pension risks.Due to their high job mobility,weak long-term planning ability,and large income fluctuations,on the basis of maintaining the balance of the three-pillar pension system,individual pension schemes may become a breakthrough point for improving the pension situation of employees in new forms of employment.In line with the national goal of building a multi-level and multi-pillar old-age insurance system,to study the supplementary role of the third-pillar individual pension policy for employees in new forms of employment,this article constructs an evaluation system using the analytic hierarchy process and designs a questionnaire.After conducting a questionnaire survey in six cities in Shandong Province,the collected data are analyzed.It is found that the short-term effect of the current policy is that residents'awareness of pension issues is gradually improving,and the participation rate is increasing,but the behavior is short-term,and residents generally tend to avoid pension risks.Therefore,regarding the deepening of the individual pension system,the article puts forward three suggestions:(1)Conduct comprehensive publicity through multiple channels and with emphasis on key points;(2)Enhance the system's attractiveness according to the characteristics of the target population;(3)Improve the public's awareness of pension planning and financial literacy;(4)Strengthen the connection and transformation among different pillars of the pension system.展开更多
文摘This paper takes Mr.Wang's family,a middle-and high-income household in a first-tier city,as a case study to explore the path of personal pension planning.It conducts a comparative analysis of the actuarial logic between the U.S.IRA system and China's third-pillar personal pension system.The findings indicate that China's personal pension system,characterized by inclusiveness and certainty,is suitable for taxpayers with a marginal tax rate higher than 3%.For Mr.Wang's family,the optimal strategy is to make the maximum annual contribution to the personal pension account,positioning such contributions as basic assets.Although these assets alone may not fully cover the family's entire pension needs,they can serve as a solid"safety cushion"for elderly care security.By combining this with other asset allocations,a multi-tiered pension security system can be established to achieve long-term financial security in retirement.
基金funded by the National College Students'Innovation and Entrepreneurship Training Program(No.202410456025)supported by the China Center of the Serbian Academy of Sciences and Arts and the Hong Kong Institute of Humanities and Natural Sciences and Technology.
文摘Against the backdrop of uneven pressure on the three-pillar pension system and a mismatch between pension funds and the demographic structure,a large number of employees in new forms of employment remain outside the pension security system,facing relatively high pension risks.Due to their high job mobility,weak long-term planning ability,and large income fluctuations,on the basis of maintaining the balance of the three-pillar pension system,individual pension schemes may become a breakthrough point for improving the pension situation of employees in new forms of employment.In line with the national goal of building a multi-level and multi-pillar old-age insurance system,to study the supplementary role of the third-pillar individual pension policy for employees in new forms of employment,this article constructs an evaluation system using the analytic hierarchy process and designs a questionnaire.After conducting a questionnaire survey in six cities in Shandong Province,the collected data are analyzed.It is found that the short-term effect of the current policy is that residents'awareness of pension issues is gradually improving,and the participation rate is increasing,but the behavior is short-term,and residents generally tend to avoid pension risks.Therefore,regarding the deepening of the individual pension system,the article puts forward three suggestions:(1)Conduct comprehensive publicity through multiple channels and with emphasis on key points;(2)Enhance the system's attractiveness according to the characteristics of the target population;(3)Improve the public's awareness of pension planning and financial literacy;(4)Strengthen the connection and transformation among different pillars of the pension system.
