The Management Mechanism Research Of Occupational Pension In China

According to the scheme of social security in our country, social endowment insurance includes three mainly parts: basic endowment insurance, occupational pension and personal save. In some developed countries, occupational pension has become an important pillar in social security, and comes into being a steady management system. In our country the government has established a series of policies about occupational pension from 1980s, but it develops slowly. At present there are only 5% employees join it. Its second pillar of social security hasn't realized.At the beginning of the article, it depicts the meaning of occupational pension. The occupational pension doesn't belong to not only the social security, but also the commercial insurance. It has its own characteristic. The article points out the relationship between occupational pension and national economy. In the development of occupational pension in China, it was operated in some industry, at first, and then expanded to some developed cities. In the expanding course of occupational pension, many problems emerged. They are the absence of reasonable framework, the scarcity of operable management, the faultiness of capital market, the short of salted manager, etc.The problems that occur in the development of occupational pension can be solved by learning the mature experience from foreign countries (or areas). Prudent principle of USA, Trustees' liability of Australia, Component fund pattern of Hong Kong, The favorable tax policies of England, all of above give us the great enlightenment in scheme of occupational pension in China.On the basic of status of occupational pension in China and research of mature experience of foreign countries, article has a further scheme of occupational pension according to the balance of rights and responsibilities. At first, it defines the responsibility and relationship of occupational pension. Second, it emphasizes the principle parts of occupational pension and the processes of related management institution; strengthen the supervisal; establish the favorable tax policies, the lowest yield pension mechanism and exit mechanism. At last, I point out the advantages and disadvantages of this mechanism. And give some advice on how to improve the management mechanism of occupational pension.