| I. TopicAt present, the discussion on China's occupational pension system becomes hotter and hotter, and by and by people have realized the significance of establishing occupational pension system in China. In the meantime, we are quite clear that the slow development of China's occupational pension is mainly due to the ungrounded favorable tax policies, which fail to trigger the interests of both the enterprise and the individuals in occupational pension. Nevertheless, the discussion on how to build occupational pension tax system has never been conducted profoundly and systematically. Therefore, this thesis is aimed at explaining this difficult and challenging topic in a systematic manner, with the hope of contributing to the reform of public pension system and the growth of national strength, as well as of more stable and better off lives of the elderly after retirement.II. Main Contents and Views of the Thesis(1) The definition of occupational pension is built in the overall structure of pension system in this thesis. Occupational pension is held as the second pillar among the three pillars in pension system, supplementary to the basic pension.(2) The history of occupational pension proves the close ties between occupational pension and economic development, basic pension and enterprise institutions.(3) In consideration of the external characteristics of occupational pension, the government usually intervenes by practicing taxation or strengthening regulations.(4) Taxation has a significant effect on occupational pension. There are two reasons that government facilitates the development of occupational pension through favorable taxes: Firstly, the limits of social pension system entail the development of occupational pension; secondly, the application of occupational pension system can ease the responsibility and burden of government, avoiding the "government failure" phenomenon caused by excessive intervention from government.(5) The main taxes concerned with occupational pension include enterprise income tax, individual income tax and social insurance tax. There are five regimes of occupational pension tax system based on levying individual income tax in the three points, namely, contributing, investing and receiving benefits( E stands for "be exempt from taxes", while T stands for Tax): EET, TEE, ETT, TTE, and EEE. Through the comparative study of international occupational pension tax regimes, EET is more often than not taken as the occupational pension tax policy. The popularity of EET regimes is attributed to its compliance with the suboptimal taxation principle, which can adjust the irrational preference of individual and rectify the weaknesses of income tax, promoting the development of occupational pension.(6) Occupational pension favorable tax policy will lead to the unbalanced tax burdens between beneficiaries and non-beneficiaries, bringing negative effect on social fairness. Nevertheless, when occupational pension favorable tax is related to social pension system and general tax system, fairness and efficiency can be achieved at the same time. However, the negative effect on social fairness should be restrained when occupational pension tax policy is outlined.(7) Economic growth theory holds that capital, labor and human capital are all the internal factors of economic growth. At present, the dispute over the role of occupational pension favorable tax policy in increasing savings still exists, but it is undoubted that it helps to increase the expected rate of return on investment, reduce investment risks, boost the investment capacity of business and also facilitate the development of capital market. The occupational pension favorable tax policy helps to increase business investment in human capital. Generally speaking, the economy can be boosted effectively when the government apply occupational pension plan by implementing favorable tax policies.(8) Right now, the slow development of occupational pension is mainly due to the lack of explicit guide in establishing...
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