International Conference on Construction and Real Estate Management 2016
Empirical Analysis on the Feasibility of the “House-for-Pension” Policy
Publication: ICCREM 2016: BIM Application and Off-Site Construction
ABSTRACT
An aging population and the pension have undoubtedly become the urgent problem in China, but with inadequate pensions at present, in the light of the problems that arose on commercial long-term care insurance and housing reverse mortgage pilot in practice, how to protect the quality of life of the elderly has become one of the focuses in today’s society. Taking Shaanxi as an example, from the perspectives of the elderly and the insurance company, being based on the principle of the actuary of life insurance, the paper sets up an actuarial model of housing mortgage loans insurance, and practiced example calculating according to the data of the mortality table in life insurance, it comes to the result that each elderly owning the 40 square meters’ house can not only receive the long-care but also remit their current pension situation.
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REFERENCES
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Information & Authors
Information
Published In
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 1133 - 11142
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4
Copyright
© 2017 American Society of Civil Engineers.
History
Published online: Aug 14, 2017
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