Discussion On The Establishment Of The Transitional Supplementary Pension Insurance In The Shenhua Group Corporation Employees

In the context of the reform of Chinese pension system, the State Council stipulates that a unified pension system, combining the basic endowment insurance, enterprise contributions and individual saving account, should be established. In line with the rules of the reforms of the Chinese endowment insurance system and the Shenhua Group practice, this paper brings forward the solution to establish a transitional supplementary endowment insurance system, while the enterprise is facing the concern whether the younger working population should pay for the pension burden of the older sectors or not. The paper also suggests the fund raising scheme to establish the transitional supplementary endowment insurance system according to the international practice and the Chinese fund raising experience on the pension system.