Research on High-Quality Development of Corporate Pensions from a Multi-Pillar Pension Perspective

Harbin University of Commerce, Suihua City, Heilongjiang, China

^a corresponding author: wangweiye1215@163.com

Abstract

The corporate pension system is an integral component of the multi-pillar retirement framework. It is a retirement security system jointly participated in by employers and employees and represents a collective form of employee personal accounts and corporate funds. As China’s aging process accelerates and pension security issues become more pronounced, the corporate pension system has gradually become one of the commonly adopted retirement security systems both domestically and internationally. However, the corporate pension system in China still faces many issues and challenges. These include low employee participation rates, non-uniform regulatory standards, suboptimal investment returns, personal account security risks, and the balancing of interests among different stakeholders.