Comparison Study of the Pension Policies in China and the U.S.

DOI

10.2991/aebmr.k.201128.004How to use a DOI?

Keywords

Comparative research, old-age welfare policies, pension system, individual pension, community service

Abstract

Due to the continuous development of medical technology and the improvement of people’s living standard, the average life expectancy of people is also increasing. Many developed countries and some developing countries are now facing the increasingly serious problem of population aging, with the elderly taking up an increasing proportion in the population. This paper will compare the pension policy of China and the U.S. from three aspects: pension system, individual pension plan and community service. Through the comparative analysis of the two countries’ old-age welfare policies, it can be found that a perfect pension security system must be diversified, which needs the mutual combination and support of the three pillars. Under the condition of the pension provided by the government as the basis, it is also necessary to develop and popularize the employer pension plan of enterprises and improve community services. In addition, voluntary membership groups and other forms of home-based care should also be encouraged.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lingsong Li
PY  - 2020
DA  - 2020/11/30
TI  - Comparison Study of the Pension Policies in China and the U.S.
BT  - Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
PB  - Atlantis Press
SP  - 19
EP  - 23
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201128.004
DO  - 10.2991/aebmr.k.201128.004
ID  - Li2020
ER  -