The Historical Change and Evolution Logic of Our Country's Pension System

Abstract

The pension system is a core component of the social security system and has gradually become an important component of the state's efforts to address population ageing, promote people's well-being and social equity. Based on the theoretical analysis frame of historical institutionalism, this paper combs the historical development venation and vicissitude path of China's pension system, and systematically summarizes the internal motive force and evolution logic of our country's pension system vicissitude, in order to promote the optimization of our pension system to provide inspiration for thinking. It is found that the changes of our country's pension system have experienced three stages: the initial establishment of traditional pension system, the socialization of modern pension system and the innovation and development of multi-pillar pension system. The reform of economic system, the change of value idea and the pressure of external environment are the deep structural factors that affect the changes of our country's pension system, thus hindering institutional change. The reform of state-owned enterprises, the interest conflict of the actors and the external demonstration effect provide the motive mechanism for the reform and change of our country's pension system.