Comparative Analysis Of Sino-Japan's Pension Management System

Ageing is a phenomenon that the number of elderly in the community's total population reached a certain proportion, and the process of sustained growth. The current international standard is common for more than 65 years and the proportion of the total population aged≥7%, or 60 years old and above≥10%, as the aging society standards. With the rapid development of the global industrial economy, and gradually increase the level of medical care, making the issue of aging as a major social problem in developed countries. In Asia, Japan is the most severe aging countries, 90 in the 20th century had been in the aging countries; It is predicted that by 2050 every 5 people in Japan will have two old people. China is developing the fastest aging countries: in 1980, the proportion of China's aging population, the basic maintenance of the 50's, the average level of about 4.7%; With China's rapid economic growth since the reform,Only about 20 years, China entered the aging society. Although China and Japan in the process of population aging stage of exactly the same, with the East Asian countries to some extent between the two countries have good contrast and research value. In summary, comparative analysis of Chinese and Japanese pension system, combined with the role of banks to participate, for the establishment of China's pension management system has a very good reference, and management system in banks has a very good marketing reality significance.Thesis by comparing the analysis methods to study the similarities and differences between the two countries the pension system, and focus on the decision from various angles It discusses the Chinese and Japanese pension management system, influencing factors, namely, population, political, economic, and cultural factors. The reality of banking products by the pension management system with the combination of the banking sector this article further explores the opportunity Zai Gaige pension, and the experience of Japan by Zongjiefenxi Huode Pension Fund in China Management Tizhigaige with the banks for some enlightenment.Because of a different historical period, China and Japan, pension management system has undergone various changes, including the Japanese pension system 20 years from the last century began to establish a pension management system, also known as pension management system. After nearly a century of development, Japan has gradually completed from the family to social old-age pension changes, and forming a national old-age security system of all. From 1944 to 1985, Japanese pension management system of the building process has undergone creation of the development of and change of three stages of development. 1986,Japanese pension management system in the existing management system based on a number of major reforms were gradually formed the existing pension system in Japan.Japanese pension management system through 1985 and 2000 reforms, the formation of two levels of the three pillars of old-age security system. The first level is the National Pension, also known as basic old-age insurance, it is mandatory, all citizens must join; The second is the total economic welfare pension and annuity, it is above the national pension and income-linked, and medium-sized enterprises employees and civil servants must join.The mid-20th century, 80, China began to reform the existing old-age security management system, and gradually implement the corporate old-age social workers overall. To the early 90s, began to implement some of the basic pension insurance fund accumulation management system, and the progressive introduction of social pooling and individual accounts of the model, emphasizing the establishment of the need for multiple levels of social security. Mid-90s, began implementation of the Supplementary Pension Insurance Management System. 1997, "the State Council on establishing a unified enterprise management system of the basic old-age insurance provisions of" pay as you clear the overall hybrid model and social. 2000 State Council promulgated the "improve the urban social security system on a pilot program," decided to improve the pension management system, the implementation of Basic Pension Insurance Fund and the Fund separately individual account management, and business norms supplementary pension insurance company annuity, to achieve market management operation clear the payment of tax incentives business, and gradually establish a multi-pillar system.Banks operate throughout the pensions an important part of the whole process, mainly kept in the funds, pension-building in the early banking institutions needed to keep the security of pension funds, pension is a national "life insurance", its security of demand is relatively high, and the banks is just the Zijin's Insurance database, it ensures the operation of pension funds according to the requirements Jinxing; Touzi management, Yang Laojin of Texing need more Qudao mode of investment for pension security requirements Yi Bufen investment in bonds and other low-risk financial instruments; liquidity requirements are part of the pension, bank deposits,Payment at any time; income requirements are part of the pension through the bank lending channel for investment. These pensions can be made by bank media operation conducted an objective to increase the bank on the source of funding for the bank's development; use of personal account management, pension, after the operation, you need to be allocated according to accounts, the pension funds Jijiangzhengti in accordance with the distribution of earnings to pension beneficiaries in all accounts.Finally, Japanese banks role in pension management system in contrast, suggests that China's banks in the pension management system can play more roles, but also can obtain more revenue. Major role in the performance of pension funds in the absorption and master personal customer information, broaden the channels of bank profitability, strengthen bank and silver card, silver-based cooperation, as co-bond market, as participants in foreign assets, wealth and other banking business model and so on.In this paper, the management of banks in the role of pension as the main line, comparison and analysis of the Japanese pension management system of China's pension management system in banks. I limited capacity, the research on this topic far not thorough enough, the article there are many problems in the future by continuing to explore and research.