附註:Ch. 1. The Dual Challenges of the Pension System. The challenges. Evolution of the old-age pension system. Key problems of the current system. Adverse implications of the current system -- Ch. 2. Key Issues and Options for Reform. Unifying the system. Reducing pension costs. Extending coverage of the pension system. Establishing funded individual accounts. Reforming the financial sector. Estimating transition costs. Financing the transition. China's advantages in bearing the transition costs -- Ch. 3. Quantitative Analysis for a Preferred Pension System. Demographic and macroeconomic developments. Simulation results with limited reforms. A conceptual framework. Three pillars. Transition plan. Effects on individual pensioners. Financial viability of pillar 1. Options for funding the transition. Conclusion -- Ch. 4. Planaging and Funding the Three Pillars. Legal framework and governance structure. Administration of pillar 1 and the transition plan.
"Based on the findings of a World Bank mission that visited China during August 1995. The mission members were Ramgopal Agarwala (team leader and task manager) [and others]."--Page vii.
Includes bibliographical references (pages 87-89).
