Historical Evolution and Financial Function Orientation of Social Pension Insurance System in China
Download as PDF
DOI: 10.25236/icemeet.2019.367
Corresponding Author
Wang Dan
Abstract
Since the early founding of the PRC, the pension insurance system in China developed from scratch. After several stages of development and reform, a system pattern that social pension insurance system based and commercial pension insurance subsidiary formed. Social pension insurance, as the foundation of the pension insurance system in China, plays an important role. The fiscal support on pension insurance major reflected in the social pension insurance expenditure. With the improvement and reform of the social pension insurance system, financial support and efforts are also changing.
Keywords
Social pension insurance, Historical evolution, Finance, Function orientation