Against the background of rapid aging,it is particularly important to actively plan for family pension.Using data from the 2015 China Household Finance Survey(CHFS),this article explores the impact of educational attainment on family pension decisions.It is found that as educa-tion attainment rises,families become more aware of making pension plans,have more diversified choices of pension options,and have a stronger willingness to purchase commercial pension insur-ance.Heterogeneity analysis shows that there is no significant difference in the effect of educational attainment on family pension decisions before and after the expansion of higher education.However,when the level of family social security is different,there is a difference in the effect of educational at-tainment on the family's decision-making about pension,and families with lower levels of social se-curity are more active in making pension decisions;there is also a gender difference in the effect of ed-ucational attainment on the family's decision-mak-ing about pension,and women are more cautious in their attitudes toward risk and have a stronger will-ingness to make an pension plan compared with men.Further analysis shows that educational attain-ment mainly influences the family pension decisions through increasing household income and promoting wealth accumulation.This article not only provides a reference for families to adopt targeted pension measures to prevent and mitigate pension risks,but also provides important insights into China's im-plementation of active aging policies to achieve the goal of'providing for the elderly'.
Educational attainmentPension planDiversity of pension optionsCommercial pension insurancePopulation aging
NETL
NSTL
维普
万方数据
