Program Designs Of Nanjing Tax-deferred Pension Regime

The essence of income tax-deferred pension is the national tax preference policy support for consumers who purchase commercial endowment insurance.The implementation of tax-deferred pension promotes the prosperity of commercial endowment insurance market and the perfection of modern pension service security system under the aging population background.Based on wage growth rates,return on investment and inflation rates,we attempt to summarize suitable patterns of Nanjing.Our research shows that it is feasible to implement tax deferred pension in Nanjing.In terms of choice of tax preference patterns,Nanjing should choose EET.Nanjing is recommended to pay 15%of wage according to the proportion,and adjusting it to wage growth.As for administration,tax-deferred pension may combine contractual mode and trust mode.