China is currently in the process of developing the largest pension system in the world, and it is
doing this at a time of unparalleled economic and demographic transition. The central government has
followed a step-by-step approach to develop a system that can accommodate a rapidly aging society within
a rapidly growing, but still largely underdeveloped economy. This paper analyses how far the process of
creating a national old age insurance system had proceeded by the end of 2006. It provides a detailed
description of this system and an assessment of to what degree it has so far achieved ?its primary goal of
social security for more people? (Chinese Government, September 2006)...
Pension Reform in China
Progress and Prospects
OECD Social, Employment and Migration Working Papers
