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Building the “Third Pillar” of the Pension Security System: Policy Options of Commercial Endowment Insurance

In: China's Road and Aging Population

Author

Listed:
  • Tuo Zheng

    (Renmin University of China)

  • Wei Liu

    (Renmin University of China)

Abstract

The population structure of China will age rapidly from the present to the mid-twenty-first century. Estimated by average conditions, the measuring indicators for the aging of the population structure will rise sharply: the proportion of the population aged 65 and above will rise from 8.8% in 2010 to more than 28% in 2055; the elderly dependency ratio will rise from 11.9% in 2010 to 50% in 2055; and the median age will rise from 34.6 in 2010 to over 45 in 2037. Moreover, the aging trend of the population will continue for a long time.

Suggested Citation

  • Tuo Zheng & Wei Liu, 2023. "Building the “Third Pillar” of the Pension Security System: Policy Options of Commercial Endowment Insurance," Springer Books, in: Yining Li & Qiuyun Zhao & Zhiqiang Cheng (ed.), China's Road and Aging Population, pages 43-54, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-8891-2_4
    DOI: 10.1007/978-981-19-8891-2_4
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