What are the three main modes of providing for the aged in China?

Legal analysis: There are three traditional pension modes in China: home pension, community pension and institutional pension. 1. Home-based care for the aged: Literally, it is a traditional way to choose to live in the family. 2. Community pension: a new pension mode combining family life with socialized door-to-door service. Community home-based care for the elderly makes up for the shortage of family care for the elderly, but the phenomenon of incomplete community care for the elderly and weak service ability is also widespread. 3. Institutional pension: refers to a kind of pension service mode that the state, social organizations and individuals provide comprehensive services such as diet, hygiene, life care, health management and cultural and recreational activities for the elderly through the establishment of pension institutions, including nursing homes, pension apartments and other types. Institutional pension will be a big way of providing for the aged in the future, suitable for single elderly people who like to be busy.

Legal basis: Article 10 of the Social Insurance Law of People's Republic of China (PRC) * * * Employees shall participate in the basic old-age insurance, and both employers and employees shall pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.