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Book Cover
Book

Title Old age security : pension reform in China
Published Washington, D.C. : World Bank, 1997

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Location Call no. Vol. Availability
 MELB  331.2520951 Aga/Oas  AVAILABLE
Description vii, 89 pages : color illustrations ; 28 cm
Series China 2020 series
China 2020 series.
Contents Ch. 1. The Dual Challenges of the Pension System. The challenges. Evolution of the old-age pension system. Key problems of the current system. Adverse implications of the current system -- Ch. 2. Key Issues and Options for Reform. Unifying the system. Reducing pension costs. Extending coverage of the pension system. Establishing funded individual accounts. Reforming the financial sector. Estimating transition costs. Financing the transition. China's advantages in bearing the transition costs -- Ch. 3. Quantitative Analysis for a Preferred Pension System. Demographic and macroeconomic developments. Simulation results with limited reforms. A conceptual framework. Three pillars. Transition plan. Effects on individual pensioners. Financial viability of pillar 1. Options for funding the transition. Conclusion -- Ch. 4. Planaging and Funding the Three Pillars. Legal framework and governance structure. Administration of pillar 1 and the transition plan
Financial management and regulation of pillar 2. Development and regulation of pillar 3. The pace of change
Notes "Based on the findings of a World Bank mission that visited China during August 1995. The mission members were Ramgopal Agarwala (team leader and task manager) ...[et al.]."--P. vii
Bibliography Includes bibliographical references (pages 87-89)
Subject Old age pensions -- China.
Older people -- China.
Government business enterprises -- China -- Employees -- Pensions.
Social security -- Finance -- China.
Author Agarwala, Ramgopal.
World Bank.
LC no. 97207680
ISBN 0821340778
Other Titles Pension reform in China