“十四五”时期向“资产型”养老金体系过渡--政策含义与实现路径

Transition to“asset-based”pensions during the“14th Five-Year Plan”period—policy implications and implementation paths

发展多支柱养老保险体系和夯实社会财富储备是一个事物的两个方面,前者是构建养老财富储备的制度载体,后者是应对老龄化的物质基础;前者是实现后者的具体路径,后者是前者的直接目的;前者作为养老金制度模式的选择是实现后者的必备条件。

As proposed by The Fourteenth Five-Year Plan for NationalEconomic and Social Development and the Outline of Long-Term Goals for 2035,to develop a multi-level,multi-pillar pensioninsurance system,increase corporate annuity coverage,andstandardize the development of the third pillar pension insurance isnecessary.The author believes that the central government's activepromotion of the establishment of multi-level pension insurancemeans that the Chinese pension system has begun to transit fromthe"debt-based"model to"asset-based"model.At the sametime,he pointed out that the development of a multi-pillar pensioninsurance system and the consolidation of social wealth reservesare two aspects of the same matter.The former is the institutionalcarrier for formulating pension reserves,the latter forms thematerial basis for coping with aging population;the former is theway leading to the latter and the latter is the direct purpose of theformer;the former as the pension system model is a necessarycondition for realization of the latter.