| Old-age security plays a significant effect on the interests of every family andeach family member, it requires participation from everyone of them. Especially, withthe progress of population aging speeding up in our country, revolution of pensionsecurity has occurred with enormous changes from pension system to practice, whichis one of the most important aspects in promoting continuous reform in our country.However, in face of the severe situation caused by imbalanced supply and demand ofold-age security in our country which might be worsen in the future20years, and thestruggling social reality in both traditional family endowment and social endowment,exploring broader subjects which focus on enhancing self-elder pension on old-agedsecurity came to be an inevitable demand on social development.This paper takes the elderly as research objects, striving to change the conditionof aged people from having no ‘right’ in the society to possess ‘right’ throughincreasing power and empowerment, and then developing elderly human capital toassist them to be self-sufficient and ultimately achieving the goal of self pensionbased on the social rights theory.First of all, this paper analysed the significance on old-age security played byincreasing power in developing human capital of the elderly in aspects of the elderlyspiritual needs, the elderly self value, reducing society burden, facilitatingorganization and management, maintaining social stability, remission on labourshortage and promoting the sustainable development of national economy and so on.On this basis, this paper describes the current status of the elderly who lost their‘right’ in detail through massive literature investigation, qualitative and quantitativeanalysis, which mainly indicates the difficulties in developing human capital of theelderly in our country caused by dissatisfaction on employment needs. In addition,elderly people often suffer from discrimination in social life and age limit in somesocial policies which are evidence in elderly people’s ‘right’ loss. Reasons led to theseunfairness are from elderly themselves, institutional and social factors. Furthermore, this paper draws lessons from the practical experience on humancapital development of the elderly from the United States, Japan and Singapore, thenexploring efficient paths towards senior citizen capital development in our countryfrom the perspective of increasing power. From psychological structure empowermentto structural type empowerment, this paper aims to help stimulate potential of theelderly from the inside out and encourage them to participate in social and economiclife again. It is an undoubtedly a win-win strategy to both the state and senior citizensby encouraging them to create wealth on their own and realise self-sufficient duringtwilight years. Specifically, development on elderly human capital might be realisedby two methods. First, psychological empowerment could be gained by elderlythrough setting up correct understanding on their own value and converting socialcognition towards the aged. Second, it might be achieved by further perfection onelder people social protection mechanism, social supporting system and politicalenvironment.Certainly, under the circumstance that aging process continuously accelerating inour country and heavy pressure created by social endowment, to study on elderlyhuman capital development comes to be a challenging task. However, from along-term perspective, aging process would slow down and pressure from socialpension would rise. Therefore, to discuss how to enhance self protection on elderpeople from the perspective of empowerment seems to be prospective and creative.Furthermore, it is of certain political significance to convert pension pressure frompopulation aging into labour capital power to create social wealth. However, theresearch is still in exploratory stage. It is expected that some contribution could bemade to those researches in this field through the efforts from this paper. |