Abstract: In order to solve the serious pension problems in rural areas, this study focused on the “time bank” mutual aid pension model, analyzed the theoretical basis of “time bank” and the successful experience of foreign development, and compared and analyzed many problems existing in domestic practice. The results show that the difference between Chinese and Western ideological culture and social environment leads to the lack of organizational foundation, which is an important reason for the localization of “time bank”. Combined with the actual situation in China’s rural areas, rural “time bank” has the advantages of relying on clan organizations, consistent “concept of human mutual assistance” and broader mutual assistance groups. It is proposed to build a localization development model of rural “clan time bank” mutual pension with three pillars of deposit and withdrawal financing, service operation and supervision and management.

Key words: rural mutual aid pension, time bank, clan organization, localization