Abstract

Pension gap will be an indisputable fact in the future. Getting prepared for the rainy day to deal with pension gap is a key factor to guarantee sustainable development of the old-age insurance system in China. Based on the measures put forward by some experts and scholars, the author thinks that we can ensure sustainability of pension insurance by reducing pension replacement rate appropriately based on occupational pension and personal pension savings, establishing reserve sovereign pension fund and itemizing responsibilities to eliminate veiled debts.

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