Research On The Development Strategy Of The Third Pillar Pension Account System In China

Since 1999,China has entered an aging society.The increase in the number of elderly population and the increase in p roportion will be a long-term problem for C hinese society in the future.This trend poses a challenge to full payment of pension.In the face of the severe form of pension payment under the pressure of population aging,many international experiences have been taken to establish a multi pillar old-age security system,and our government has already realized the importance of establishing a multi pillar old-age security system.In 1991,it was proposed to include basic pension insurance and enterprise supple mentary pension insurance.And the three pillar pension system including personal savings pension insurance.However,in the system construction,the first pillar of our country's social pension coverage has become saturated,the second pillar enterprise a nnuity and occupational pension have also developed steadily,but the third pillar personal pension plan has been developed for many years,but the actual progress is slow.Since the nineteen time,the development of third pillar personal pension has become the general consensus of academia and government.Based on the above system background and policy trends,this paper holds that the development of the third pillar individual pension system should take account system,and the third pillar pension plan fo r the establishment of the account system is mainly elaborated in three levels.First,combing the significance of establishing the third pillar pension in China,expound the three dimensions of the aging of population,the insufficient accumulation of pension funds and the diversified demands for the aged,and analyze the current trend of population aging and the accumulation of pension funds through the literature and macro data analysis,and adopt the whole country.A questionnaire survey is conducted to clarify the public's strong will to participate in the third pillar.Second,comb out the policy preparation and main obstacles of developing third pillar pension account system in C hina.This part uses the literature method to sort out the relevant polic y support in the development of C hina's third pillar personal pension account and the pilot exploration on the practical level,to understand the policy preparation and practical experience of the system development,and to think that China is developing t he third pillar by reading the relevant literature and drawing on the international experience.The pension account system is mainly faced with four problems,such as unclear tax preference,inadequateexperience in account system,disconnection of releva nt systems and inadequate preparation of capital market.Third,in view of the above problems,by using the literature comparison method for reference to the development experience of the individual pension account system in the world,we focus on the research on the one hand policy literature,the academic research results and the market research data of the IRAs system in the United States,which are more experienced in the third pillars of the pension account system in the world,and put forward Third branches of China's development.The experience of the column is used for reference.Based on the main problems that C hina's third pillar pension account system is about to face,the paper draws the following conclusions on the basis of the international experience and draws the following conclusions: firstly,in the system preferential mode,the tax incentives are mainly adopted,the financial subsidy is supplemented by the incentive mode,the preferential formula is diversified;and second,the account system is set up.On the other hand,it is necessary to make provisions for the payment of the payment and the age and the amount to be paid by the differentiated population in order to ensure the full use of the pension assets.Third,in the system connection,the differences in the needs of different groups are taken into account,the barriers to the transfer of funds from the internal and external accounts,the strengthening of the institutional flexibility,and fourth,in the capital market support party We should strengthen institutional construction,enrich investment means,encourage personal participation and improve service capabilities.