International Journal of Business and Social Science

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

The Policy Research of Pension Reform of China
Tianyuan Liu

Abstract
An aging population and the present situation of the "not rich first old", pension in our country to bring huge pressure. In terms of endowment insurance, the personal account empty account operation and ensure the pension payments and other issues, scholars on whether to retirement and pension reform has carried on the extensive investigation on how to. In this background, in this paper, the current retirement system are analyzed, and points out its problems and reform basis, finally from the perspective of the retirement age, retirement system reform ideas and countermeasures are discussed, namely, raising the retirement age and adopt flexible retirement system.

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