A Research On Trustee System Of Enterprise Annuity In China

As the aging of the population quickens, each country in the world proposed new settlement and regulations for their old-insurance system. In China, We have attempted to establish a multi-pillar old-age insurance system marked by sustainable development. In addition to participating in the compulsory basic old-age insurance, enterprises with suitable conditions may set up annuities for their employees. The state also encourages personal savings for old age. Among these, enterprise annuity which is managed by the market will be a primary source of pension, and became the focus of mass attention. This paper began with discussing the basic concept of enterprise annuity, and described the status quo of china's enterprise annuity, which formed the basis of this research.China has adopted trust mode in enterprise annuity. As the core of trust mode, trustee takes a very important role. This article advanced a trustee-centered management mode, its inner structure, characteristics, background and related complications were also discussed, which provided the development frame and operation flat for trustee. This paper also did some comparative analyses and case study to get the general situation of trustee in China's enterprise annuity and proposed several suggestion for further development. In addition, according to the requirement of operation, this article established a trustee-centered evaluation system through balanced scorecard, which was the basis when client chose trustee and when trustee chose other parties.Policy options in laws, credit culture, public education, etc. for promoting trust mode of enterprise annuity in China were proposed.