Insurance Blog

        The emergence and development of old-age insurance is associated with the country's political, economic and socio-cultural closely together, and it is the product of large-scale socialized production, but also a symbol of social progress. At present, the world's countries to implement the pension insurance system can be divided into three types, namely, insurance-type financing (also known as traditional) pension insurance, compulsory savings-type pension insurance (also known as Provident Fund model) and the National Co-ordination-type old-age insurance. In addition, China according to China's specific national conditions, creatively implemented the "social pooling and individual accounts combined," the basic old-age insurance reform model, after five years of exploration and improvement, has been gradually becoming more mature. As time goes on, this model will become the old-age insurance in the world are increasingly influential in the history of the development of the basic types.
   

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