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The Economic Analysis of Both New and Old Pension Systems

The setting-up of laborer's retirement system is laborer's important guarantee system. All people will face the question of retiring, so the design of the pension contributions system is closely linked with laborer's retired quality of the life. The relevant regulations of ¡§Labor Standard Law,¡¨ what Taiwan implement at present, let laborers be unable to receive the retired pay that the company issued while leaving the labor market. Therefore, the government will implement ¡§Individual Retirement Account System¡¨ on July 1 this year soon. It let the retired pay of the laborer can be got and got certainly, in order to guarantee the economic life after people retire.
So, after ¡§Individual Retirement Account System¡¨ is implemented, the influence effect of laborer¡¦s retirement decisions is an important topic. The main purpose of this thesis is to carry on theory analysis to the impact on personal retired decision of both new and old retirement system. This problem is analyzed within the framework of a model of intertemporal utility maximization. It is assumed that individuals can either work full time or not work at all. After retirement, they are eligible to receive each period a pension from their company. Besides, to the laborer on the job, how to choose the new and the old system after implementing the new retirement system, I have analyzed and offered some suggestions as well.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0624105-142355
Date24 June 2005
CreatorsHuang, Yu-ling
ContributorsChi-chu Chou, Tru-gin Lau, Shan-non Chin
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0624105-142355
Rightsrestricted, Copyright information available at source archive

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