Enterprise--The second pillar of China's pension insurance: The second pillar of China's pension insurance

Author: Zhang Meizhong
Publisher:
Publish Date: 2004-02-01
Features: Enterprise is a supplementary old-age insurance established by enterprises for their employees. It is voluntarily established by capable enterprises, with contributions made by both enterprises and individuals in certain proportions, which are then credited to the employees' personal annuity accounts. The employees receive the funds after retirement. As a form of welfare benefit provided by enterprises to their employees, enterprise supplements the shortcomings of the social basic old-age insurance system and has become an important participant in the capital market. Enterprise full fund accumulation and is managed through individual accounts, with contributions made by both enterprises and employees. This book focuses on introducing all aspects of enterprise system construction, such as the design, management, social application, legislation, operation, and supervision of enterprise. It dedicates significant to introducing several different types of enterprise systems in developed countries and details the specific practices of these countries in building their enterprise systems. Based on learning from the successful practices of developed countries in enterprise system construction and combining China's actual conditions, this book proposes some concrete ideas for the development of China's enterprise system.