International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Empirical Analysis of the Relationship between Pension Fund Plan Ratio and Savings Rate
Mingxia Shan

This study analyses the relationship between pension fund plan ratio and savings rate. Due to the increasing of aging population and development of old-age security, the way of living for old-age and the concept to pension has undergone great changes. The ratio of pension fund plan is first defined and panel data are obtained from PRC’s National Bureau of Statistics website. The study shows that there exists positive relationship between the savings rate and the ratio of pension fund plans, that is to say, if the ratio of pension fund increased by 1 percentage point, then the savings rate will increase 0.25 percentage points.

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