China's Enterprise Annuity Research

Since 70’s of the 20th century,most of the countries in the world are affected by economic depression and aging problem.In this case,the single basic pension is faced with heavier expenditure pressure.In 1995, the experts of World Bank on behalf of many international organizations raised the three pillars theory of pension insurance policy.It later quickly popularized and applied in the world.Based on the experience of foreign countries,our country is try to establish our three pillars pension system which consists of mandatory pension, enterprise annuity and individual saving. And they will be used to support the old men’s life after retirement.The enterprise annuity which is the second pillar of the system is now playing the more important role.After Introducing the background and reason of the subject,the article firstly expounds related concepts and theories.It demonstrates inevitable and rational existence of the enterprise annuity.Secondly it will analyse the development situation and effect of the enterprise annuity as well as mention the issues encountered in the development of the enterprise annuity.Meanwhile,it will describle the current enterprise annuity policy of the foreign countries like America and obtail some useful experience from their successful cases.Afterward,we will have a more direct view of the enterprise annuity by the analysis of a real enterprise annuity case.In the last part it will raise some feasible suggestions for the issues raised in previous paragraphs to improve our enterprise annuity.