Date of Submission

Fall 2018

Academic Programs and Concentrations

Economics

Project Advisor 1

Taun Toay

Abstract/Artist's Statement

Pension funds guarantee retired individuals with monthly income at the end of their working years. When people choose to invest in pension funds, they assume their life after retirement will be sustainable, as the system promised. However, most of these investments are insufficient for funding a dignified life in retirement. This paper takes lessons from the reform of the US pension fund system to examine the misalignment of contributions and liabilities for pension funds in China. It begins with the examination of the population distribution by age group for American and Chinese demographics. The population is one of the critical components in pension funds system to understand and anticipate any structural mismatches for inflow and outflow of funds. The author then uses the United States’ pension reform to further explore how China can reform its pension fund system.

Open Access Agreement

On-Campus only

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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