Research On New Commercial Pension Insurance In China

The aging of the population is a major pressure facing China today.The continuous decline in the birth rate and the steady increase in the life expectancy of the population have contributed to the aging of the population structure of China.In recent years,China's policy has focused on the issue of old-age care,and has gradually shifted from improving old-age care services to supporting the development of the old-age industry and related markets.Based on China's actual national conditions,the civil service group is the main force of the domestic wage earners.Due to the high welfare pension for the civil servants in the past,the pressure on pension payment in China's "aging" society is huge.In the northeast region,due to the loss of population,there is even a problem of "deficit" pension.Calculating and analyzing the pension needs of civil servants,and discussing the utility of new products and services of commercial insurance companies for current pension issues is the main research goal of this paper.This paper selects three kinds of new preducts and services of commercial insurance companies,and expounds the supporting effect for the retirement and pension of Chinese civil servants by studying the efficacy and characteristics of the products.Tax-deferred pension insurance,in line with the call of national tax saving and fee reduction,is designed to defer individual current income tax and increase future pension income.It is currently piloted in some urban areas in China."House-for-pension" insurance is to learn from the experience of foreign housing reverse mortgage,mortgage the excess property under the policyholder's name to the insurance company for commercial pension,and supplement the retirement pension living expenses;According to the experience of Japanese pension eonununity operation and development,Chinese commercial insurance companies have also launched pension community services to meet the needs of domestic customers.The author selects the families of court employees in L city as the research perspective,and from the perspective of family retirement financial planning,quantitatively analyzes the fund supply and demand of pension planning,finds the ftmd gap and finds out the problems.Through quantitative calculation and analysis,the author finds that the tax-saving effect of tax-deferred pension insurance products on the families of civil servants in L city and the utility of pension reserve enhancement are not obvious.House endowment insurance products are not supported by various insurance companies because the product design is inconsistent with the actual national conditions.Community service for the aged integrates the demand for housing replacement by families and reduces the pressure of funding gap caused by housing replacement.However,due to the high entry threshold,the pressure on cash flow reserves of ordinary civil servants increases,and the annual payment of insurance benefits will impact on family income.At present,the insurance company,s new products and services applicable to the customer group by investment threshold restrictions,applicable to the customer group to be widened.Through the research and analysis of this paper,it is suggested that tax-deferred pension insurance should increase the upper limit of payment and increase the tax saving effect.Introducing external competition,accelerating the construction of elderly care communities suitable for middle-income families,to meet the gap in domestic demand;Working class families should strengthen the knowledge of financial planning,prepare for retirement planning in advance;Explore the new measures of commercial insurance to promote the development of domestic silver industry,calculate and confirm the needs oftarget customer groups,formulate marketing recommendations,and seek new channels for commercial Banks and insurance companies to increase their business in bank-insurance cooperation.