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Social Security Pension Reform in China

Martin Feldstein

No 6794, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: China has legislated a mixed social security pension system with a defined benefit pay-as-you-go portion and an investment-based defined contribution portion. This paper analyses the economics of these two types of systems in the Chinese context and calculates the advantage to China of using an investment-based portion. Several options for reform of the recently legislated system are considered.

JEL-codes: H55 (search for similar items in EconPapers)
Date: 1998-11
Note: AG PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published as Feldstein, Martin. "Social Security Pension Reform In China," China Economic Review, 1999, v10(2,Jun), 99-107.

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