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Study on the Advantages and Disadvantages of Early Access to Pension Funds and Its Enlightenment to China

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DOI: 10.23977/socsam.2021.020101 | Downloads: 77 | Views: 2067


Jiewen Xiang 1


1 School of Economics, Institute of Population Development and Health Governance, Hangzhou Normal University, Hangzhou, Zhejiang, 311121, China

Corresponding Author

Jiewen Xiang


It seems that early access to pension funds provides more flexibility for contribution payers in the short term, but may jeopardize the retirement savings in the long term. In practice, there are dozens of countries allowing this policy for several years. How to balance short-term and long-term profit and loss? Why could so many countries allow early withdrawals so liberal? What are the advantages and disadvantages of early access? Is it possible for China to ease the restrictions of early access to pension funds? This article tries to answer these questions and get the enlightenment to China from international experiences by analyzing the advantages and disadvantages of early withdrawal in different types.


Early access; Pension funds; Advantages and disadvantages; Enlightenment


Jiewen Xiang, Study on the Advantages and Disadvantages of Early Access to Pension Funds and Its Enlightenment to China. Social Security and Administration Management (2021) Vol. 2: 1-7. DOI:


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