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A Review of the Development of Athletes' Endowment Insurance System in the New Era

Wang Min;Nanjing Sport Institute;  
The reform of endowment insurance system is a major issue and a difficulty in China's economic system reform. It is practically essential to China's economic and social transformation and also theoretically essential to perfect the social security system with Chinese characteristics. The development of athletes' endowment insurance system can not be separated from China's national conditions. By analyzing the reform and development process of the dual-track system: businesses, government departments and public institutions, combined with the theory of China's economic transformation, the endowment insurance system of athletes in the country has the features that the main supplier is the government; the athletes have weak awareness of getting insured; and the transfer and succession problems are prominent. The future model of establishing the goal of athletes' pension security is composed of three pillars. The first pillar is the basic pension, which belongs to the basic old-age insurance system for other groups, while the second and third pillars are occupational annuities and personal savings schemes.
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