Among them, there are only three core parts of old-age security, which Americans like to call a "three-legged bench". ?
The first leg is the compulsory old age, survivors and disability insurance system established by the state, which is the basic guarantee and safety net for retirement income. ?
The second leg refers to the enterprise supplementary endowment insurance organized by the business owner, which is called enterprise annuity in China.
The third leg refers to the commercial endowment insurance products purchased by families or individuals, mainly individual retirement accounts.
Although the social old-age security system in the United States is relatively sound, most elderly people in the United States still use the method of "providing for the elderly with housing" as a supplement. The US government and some financial institutions have also launched "reverse mortgage loans" for the elderly, which are distributed to the elderly over 62 years old.
Many elderly Americans bought houses for their retirement about 10 years before retirement, and then rented out the surplus to young people for use, using the rent paid by young people to maintain their retirement life.
Extended data:
The new trend of providing for the aged in various countries
In Britain, more community-based care for the elderly is "just like caring for the elderly at home".
Japan has launched many "customized services" for the elderly.
South Korea provides more employment opportunities for the elderly.
United States: relatives take care of the elderly, and the government pays.
France: Promote old-age tourism and enter "old-age villages".
Sweden: Providing the most perfect old-age security in the world.
China: Social security tax transfer? Will raise the retirement age.
People's Daily Online-Global Times: From the perspective of the pension system, the competitiveness of the United States is unparalleled.
People's Network-A New Trend of World Pension? China classifies social security tax as tax.