Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
https://doi.org/10.22394/1726-1139-2020-7-68-82
Abstract
In the process of transforming from planned economy to market economy, both China and Russia faced the issue of pension reform. There are similarities in the reform and development process and the system model of the pension security system in China and Russia. Transition from planned economy to market economy and aggravation of population aging are main reasons for the reform of pension system in both countries. Under the influence of the World Bank and other international organizations, China and Russia have gradually established a multi-tier pension system, with the state, enterprises and individuals sharing the pension costs. Differences also exist in the old-age security system of China and Russia.
Supporting agencies: This paper is funded by Research on Multi-tier Old-age Insurance System in Guangdong Province, project of Guangdong Institute of Public Administration in 2018 (project number: XYYB201808).
About the Author
Tianhong Chen
Guangdong Institute of Public Administration
China
China
Chen Tianhong, Associate Professor of Guangdong Institute of Public Administration, doctor of management
Guangzhou
References
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5. Chen Yun-ying, He Fang. Russia’s Pension System Reform in 2018 under the Current Russian-Economic Background. Northeast Asia Economic Research, 2019 (4). P. 109–120. (in Chinese)
Review
For citations:
Chen T. Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific. Administrative Consulting. 2020;(7):68-82. https://doi.org/10.22394/1726-1139-2020-7-68-82
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