International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Aging and Pension Reform : Extending the Retirement Age
Huang Xi

Abstract
Nowadays in the background of serious aging problem, double-track system and empty account operation of individual account, if we try to make sure the old-age insurance system endure, we must try our best to explore the new road to solve those problems. Many countries has already achieved the aim of increase revenue and cut expenditures by delayed the retirement age. However, in our country we should take measures of elastic delay the retirement age, accelerate the pace of pension integration and vigorously advance the commercial mode of pension fund to promote the reform of the old-age insurance system, make sure sustainable development of the old-age insurance system.

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