This paper gives a literature review for the affecting factors of pension reforming,the result indicates that,(1)Efficiency and equity are the two aspects of pension system ,and the aging problem,labor productivity,ma- croeconomic environment,et al. will affect the relationship between...

This paper uses an OLG model to analyze the dilemma between efficiency and fairness, and then give a numerical simulation for China’s reform practice in pension system with Chinese data.Results showed that :1)Compared to efficiency and fair distribution, partial full-funded syste- m was better...

Chinese Abstract:...

Chinese Abstract:...