Research on the Pension Model Selection and Benefit Guarantee Mechanism in Our Country

Author: Zhi Yan
Publisher:
Publish Date: 2005-08-01
Features: Pension issues are a multidisciplinary research field, involving demography, public finance, economics, sociology, finance, and other disciplines. This book focuses on researching the selection of pension models and the income security mechanisms of pensions from a financial perspective. Specifically, it examines how pension plans are funded, how the raised funds are managed, and how the returns of the funds are secured. Due to the strong practical nature of pension research, the book integrates theory and practice, employing a combination of normative analysis and empirical description in its research.
In terms of theoretical research, the book uses normative analysis methods combined with comparative studies to outline the basic theoretical framework and characteristics of pension models at different levels from the perspectives of funding and payment. It also tracks the latest international research on pension models, applying financial theory tools to establish two forms of income security models and a government liability rate testing model.