A Comparative Study of Foreign Pension Models:Taking USA, Denmark and Japan as Examples
Wan Jiang
Yu Han
Wu Yin
Abstract： The endowment mode of each nation is inseparable from the social security system, certain lifestyle and appropriate living facilities. In the USA, the endowment insurance and medical insurance are paid by the enterprise and individual. Because of the independence lifestyle, the aged prefer to stay in elderly facilities, which are classified and commercialized. Meanwhile, the edged are settled down in their own house in Denmark. The government provides great support on software and hardware, and also supplies sufficient subsidy on the construction of the house for the aged. There are varieties of social security system and living facilities in Japan. The aged can choose the suitable way of living according to the level of their economy and health. The paper discusses further on pension policies and models in America, Denmark and Japan. The future development of pension model in China is also put forward.
Keywords：Pension modelsSocial security systemlife-styleelderly facilities pension models
Publication Date：2013-01-01
Pages：5( 77-81 )