Study Of Supplementary Pensions Accounting

Supplementary pensions system is one of security systems of retirement incomes provided by enterprises voluntarily. As the second pillar of the social security system, supplementary pensions system provides important living safeguard for the aged by increasing their retirement income. On the other hand, supplementary pensions system does great favor to optimize management of human resources, as a part of enterprise wage and welfare system. In China, due to the aging problem and high-speed increase of supplementary pensions, the reality requires supplementary pensions system to be established and regulated. Based on this background, the social security system in china which contains the supplementary pensions system is still to be improved and the regulation of supplementary pensions system is still in attempt. So the accounting for supplementary pensions is worthy to be studied. Whereas the corresponding systemic study has not been done, on the contrary is referred in the pension accounting. This thesis wants to contribute to the advancement and regulation of the supplementary pensions accounting. After introducing the issues from the aging problem to supplementary pensions, this thesis defines some interrelated conceptions, reviews the outline of the development of supplementary pensions system and explains the importance of supplementary pensions system. The highlights of this thesis are the theoretical analysis and treatment system of supplementary pensions accounting. Supplementary pensions accounting is classified two stages according to before or after the collection of supplementary pensions, resulting in different theoretical basis such as accounting entity, accounting objective and principles of accounting for the two stages. Before the collection of supplementary pensions, the corresponding accounting system follows the treatment of financial accounting. While after the collection of supplementary pensions, the corresponding accounting system belongs to the fund accounting. Besides, in the first stage the appropriate accounting treatment is also differentiated under Defined Benefit Plan and Defined Contributions Plan. Moreover, in the implement of supplementary pensions accounting in China, owing to these issues may influence some particular accounting treatment. Some suggestions are put forward on the selection of the two supplementary pension plans, the regulation of pension fund investment and so on. Finally, this thesis sums up the main idea of this thesis and points out some questions and expectations on the way of performing supplementary pensions accounting in China.