What Role Can an Individual Pension System Play?

Source :: Beijing Review. 4/8/2021, Vol. 64 Issue 14, p48-48. 1p. 1 Cartoon or Caricature.
Publication Year :: 2021
Abstract: China currently has a three-pillar pension system in place to manage eldercare. The third pillar means to further strengthen the elderly's ability to enjoy a financially secure life by transforming the conventional practice of paying pension contributions to pension accounts into a certain type of financial investment. [Extracted from the article]