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The sustainability of China’s Urban Employees’ Pension Programme

A case of getting old before getting rich

Bibliographic Data

ID9970779
AuthorsMel Cousins (0000-0003-3776-2925, Trinity College Dublin Ireland, corresponding author)
Year2021
Volume74
Issue1
Pages59-77
Publication date2021-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Social Security Review (JOURNAL)
Journal identifiersISSN: 0020-871X • E-ISSN: 1468-246X
PublisherWiley (PUBLISHER • GB)
DOI10.1111/issr.12257
OpenAlexW3136643128
LanguageEN
Citations received2
References cited24

This article examines the sustainability of China’s Urban Employees’ Pension Programme – the main component in China’s overall old‐age support system. It looks at the sustainability of the programme generally and, in particular, at case studies of two areas (Tianjin municipality and Guangxi province) to highlight both the extent of regional variations and the common challenges facing Chinese policy‐makers. It discusses a number of key issues that should assist policy‐makers to address the challenge of population ageing. It concludes that the challenge facing China is no more severe than that already faced by other countries in Europe and Asia. Moreover, the ageing of the population is not uniform across the regions of China. Consequently, those areas where the demographic shift is more advanced will provide some opportunity for policy experimentation. Given the experience to date of slow progress on various aspects of pension policy reform, the article suggests that it seems unlikely that paradigmatic change will be significant. Nonetheless, the study suggests a range of parametric policy measures that China should consider. The challenge facing China’s policy‐makers is to ensure that China gets old and rich at the same time

Business · China · Development economics · Economic growth · Economics · Pension · Pension system · Political science · Population · Population ageing · Sociology · Sustainability · Finance · Intergenerational Family Dynamics and Caregiving · Migration, Aging, and Tourism Studies · Retirement, Disability, and Employment

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Unique citing works2
Citations per year0,5
Citation span2022 - 2025 (4)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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