Artikel
From 'selective two-child policy' to universal two-child policy: Will the payment crisis of China's pension system be solved?
Background: With the rapid population aging, the payment crisis of China's pension insurance fund is increasing yearly. The government adjusts fertility policy to alleviate population aging and improve the solvency of pension insurance fund. On January 1, 2016, China's fertility policy was adjusted from 'selective two-child policy' to universal two-child policy. Methods: This paper establishes actuarial models to analyze how fertility policy adjustment influences the pension insurance fund. Results: (1) if the 'one-child policy' were still employed, the accumulated deficit of pension insurance fund would appear in the year of 2076; (2) if all couples that satisfy the rules of 'selective two-child policy' bear the second child, the time of accumulated deficit of pension insurance fund would be postponed by about 9 years; (3) after implementing the universal two-child policy, the time of accumulated deficit of pension insurance fund would delay under different situations of fertility intentions, if more than 54% of the qualified couples bear a second child, the accumulated deficit of pension insurance fund would not appear before 2090. The above conclusions have passed the sensitivity tests. Conclusion: Therefore, 'two-child policy' can alleviate the payment pressure of pension insurance fund. If the government wants to solve the payment crisis of pension insurance fund, fertility intentions should be improved.
- Sprache
-
Englisch
- Erschienen in
-
Journal: China Finance and Economic Review ; ISSN: 2196-5633 ; Volume: 5 ; Year: 2017 ; Issue: 14 ; Pages: 1-17 ; Heidelberg: Springer
- Klassifikation
-
Wirtschaft
- Thema
-
Universal two-child policy
Pension insurance fund
Payment crisis
Policy simulation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zeng, Yi
Zhang, Xinjie
Liu, Lingchen
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2017
- DOI
-
doi:10.1186/s40589-017-0053-3
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Zeng, Yi
- Zhang, Xinjie
- Liu, Lingchen
- Springer
Entstanden
- 2017
Ähnliche Objekte (12)
From “selective two-child policy” to universal two-child policy: will the payment crisis of China’s pension system be solved?
Resolving the Pension Payment Crisis: Effect of the Central Adjustment System
From “selective two-child policy” to universal two-child policy: Will the payment crisis of China’s pension system be solved?
Application of the Variational Iteration Method to the Initial Value Problems of Q-difference Equations-Some Examples
Understanding the dilemma of explainable artificial intelligence: a proposal for a ritual dialog framework
Multiple subcutaneous tuberculous abscesses in a dermatomyositis patient without pulmonary tuberculosis: a case report and literature review
Neural spike prediction based on spreading activation
Neural pathway prediction based on multi-neuron spike train data
Mitigating emotional risks in human-social robot interactions through virtual interactive environment indication
Letter to the Editor: Oral risedronate increases Gruen zone bone mineral density after primary total hip arthroplasty: a meta-analysis
Problem child agricultural policy
Theoretical Mechanism and Empirical Analysis of “Cold” Response to “Two-Child” Policy
From “selective two-child policy” to universal two-child policy: will the payment crisis of China’s pension system be solved?
Resolving the Pension Payment Crisis: Effect of the Central Adjustment System
From “selective two-child policy” to universal two-child policy: Will the payment crisis of China’s pension system be solved?
Application of the Variational Iteration Method to the Initial Value Problems of Q-difference Equations-Some Examples
Understanding the dilemma of explainable artificial intelligence: a proposal for a ritual dialog framework
Multiple subcutaneous tuberculous abscesses in a dermatomyositis patient without pulmonary tuberculosis: a case report and literature review
Neural spike prediction based on spreading activation
Neural pathway prediction based on multi-neuron spike train data
Mitigating emotional risks in human-social robot interactions through virtual interactive environment indication
Letter to the Editor: Oral risedronate increases Gruen zone bone mineral density after primary total hip arthroplasty: a meta-analysis
Problem child agricultural policy
Theoretical Mechanism and Empirical Analysis of “Cold” Response to “Two-Child” Policy
From “selective two-child policy” to universal two-child policy: will the payment crisis of China’s pension system be solved?
Resolving the Pension Payment Crisis: Effect of the Central Adjustment System
From “selective two-child policy” to universal two-child policy: Will the payment crisis of China’s pension system be solved?
Application of the Variational Iteration Method to the Initial Value Problems of Q-difference Equations-Some Examples
Understanding the dilemma of explainable artificial intelligence: a proposal for a ritual dialog framework
Multiple subcutaneous tuberculous abscesses in a dermatomyositis patient without pulmonary tuberculosis: a case report and literature review
Neural spike prediction based on spreading activation
Neural pathway prediction based on multi-neuron spike train data
Mitigating emotional risks in human-social robot interactions through virtual interactive environment indication
Letter to the Editor: Oral risedronate increases Gruen zone bone mineral density after primary total hip arthroplasty: a meta-analysis
Problem child agricultural policy