The Research Of Current Situation And Policy Of China Pension Finance

With deepening aging and the miniaturization of family structure, China pension insurance system and pension service system is facing increasing challenge. It is a sustainable development road to complete the construction of three-pillar pension system, increase the value of pension, allocate family pension asset, compensate longevity and disability risk, fund for construction of service industry by financial instruments under national policy guidance. This paper through data analysis, cases study, literature, international comparison method to analyze Chinese pension finance from pension finance, pension service finance, pension industry finance, and found that the uncoordinated of the presence of three-pillar pension architecture, basic pension insurance play the leading role in three-pillar pension, the second and the third pillars are undeveloped; Pension service finance is at the exploratory stage, "exotic" in China acclimatized; Pension industry finance develop slowly. For the development requirements of China pension system, policy recommendations as below: Finance play a important role in adjusting structure of three-pillar the pension system, increase the value of the basic pension insurance; Playing a role of the market, strengthen the government act by means of tax advantages,innovative pension services financial products; Reduce restrictions of social capital to invest in pension industry, encouraging insurance funds into the pension industry.