Development Issues And Countermeasures Of China's Enterprise Annuity

The occupational pension has evolved from the supply pension over ten years, which is the second part of our national three support social endowment insurance system. Although, the government released the related policies about the occupational pension developments in the early 1990s, in fact, the development of the occupational pension is extremely slow in our country. Currently the enterprise staffs and workers who participate in the scheme of occupational pension takes up 6.5% of the numbers of people who are members of the fundamental pension system of country, on the present level of development and substitutional ratio, the function about the occupational pension as the second part in the endowment insurance system isn't still realized. There is much leeway from advanced country.This paper reviewed the occupational pension development and introduces the current status. The dominant problem and cause about the related policies and operational modes and plan type in the development of occupational pension are analyzed, what's more, combining with the law and tax system, management and product innovation about the occupational pension, some suggestions to improve the function of our enterprise annuity are brought forward.Neither deviate the inbeing of supply pension, nor against the special historical background, and we certainly must not ignore the benefit of the enterprise and employee in the development of occupational pension. On this basis, combining with a typical case, we put forward a series of measures and solutions in the operation Level. These discoveries may throw some new light on foundation, standardization, payout and transition of the occupational pension.