Research On China’s Commercial Pension Insurance Institutions Involved In The Construction Of The Social Pension System

China’s aging population is becoming more and more serious, not only old before getting rich, not prepared to old but also has a large number of aging population, old-age security problems of the elderly to be solved. But who will care and how to solve the old-age security problems of hundreds of millions of elderly people? For an aging crisis and the expanding pension payments pressures, our country has been in continuous reforming and improving the social pension system, from the protection of urban workers to extending to the rural population and urban residents, and so on. Along with the introduction of urban and rural residents’basic old-age insurance system, China will achieve the goal of "insuring all the people" in the years to come. Meanwhile, only rely on basic social pension insurance system is far from enough, in order to reduce pressure on the government and to fully protect people’s old-age life, our country has been to encourage qualified enterprises to establish enterprise annuities for their employees, to encourage individuals to buy commercial pension insurance for old-age life supplementary protection, and thus constitute the three pillars of Old-age security system.The basic old-age insurance system for the first pillar of society in China, brings a certain space for development to the second and the third pillar. And the government has also been introduced various policies to support and encourage the development of enterprise annuity and commercial pension insurance, to encourage commercial pension insurance institutions to participate in the construction of social security system and play its due role in the supplemental security. At present, commercial pension insurance institutions in China can not only manage the traditional business of commercial endowment insurance, but also can participate in the enterprise annuity business management, and may take the form of "government and insurance companies" cooperation", participate in the operation and management of the social endowment insurance. This paper analyzes commercial endowment insurance institutions in China from four aspects of strengths, weaknesses, opportunities and threats, and makes a comprehensive analysis in view of the present situation of commercial pension insurance institutions to participate in the construction of social security system. Finally, based on the advanced pension modes and experiences in our country and abroad, in combination with the existing shortage of our country, from the government, businesses and consumers of endowment insurance from three aspects, the paper puts forward a series of countermeasures to view for the commercial endowment insurance institutions in China to participate in the construction of social security system, such as the government gives tax incentives, to encourage commercial pension insurance institutions to enter the pension industry and provide policies support, improve the legal system to strengthen the supervision of commercial pension insurance institutions, innovative products, improve service levels, enhance the capital management, expand the marketing channel innovation services, consumers, strengthen the consciousness of risk management and insurance concept, knowing the law to fulfill the obligation of informing, understand the financial management skills.Because the development of commercial pension insurance and the construction of social security system involve all aspects of society, the paper hopes that the government and commercial pension insurance institutions to work together to boost the development of commercial pension insurance, allowing full participation of commercial pension insurance institutions to the construction of social security system, but also to allow people to get their own old-age security adequately, towards universal sense of security.