Abstract

This paper elaborated on the concept of “Time Bank” and mutual support pension, introduced its development at home and abroad, and analyzed the possibility and necessity of implementing this model in rural areas of China. During the operation of the “Time Bank” mutual support pension model, there were problems such as a lack of publicity and participation, incomplete legal system, low risk resistance, and limited sustainable development due to insufficient investment. It is suggested that the promotion of “Time Bank” mutual support pension in rural areas should focus on improving publicity channels, enhancing mutual aid awareness, improving the legal system to enhance risk management ability, and raising funds through multiple channels to ensure sustainable development by combining multiple models.

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