The problem of aging population in China is intensifying,and the basic pension is about to face a payment crisis,so China proposes to develop a multi-level and multi-pillar old-age security system.In order to test whether China's multi-pillar pension system can guarantee the living standard of employees after retirement,this paper takes delayed retirement as the research background,takes urban workers in Beijing as the research object,and combines the personal pension accounts introduced in November 2022 to construct an actuarial model of multi-pillar pension wealth and replacement rate.The results show that a moderate delay in the retirement age can improve the pension wealth and replacement rate of employees.The sensitivity analysis found that pension wealth and replacement rate were the most sensitive to changes in nominal wage growth rates.Among them,the first pillar contributes the most to pension wealth and re-placement rate,and the second and third pillars play a complementary role.It is suggested that on the basis of adopting a flexible delayed retirement policy,the first and second pillars should be steadily promoted,and the personal pension system should be strengthened and improved.
关键词
延迟退休/多支柱/养老金财富/替代率/养老保障/个人养老金制度
Key words
Delayed retirement/Multi-pillar/Pension wealth/Replacement rate/Pension security/Personal pension system
万方数据