本研究以台灣「勞退新制」、香港「強積金制度」與新加坡「中央公積金制度」等退休金制度之次級資料進行政策論證分析，以簡單民主模式視角，探討東亞政治民主化發展對社會福利政策的影響。研究發現，在台灣、香港、新加坡，全球化的經濟競爭壓力，促成了獎勵有酬勞動與商品化特質的年金系統。但台灣與新加坡在面對日益激烈的政黨競爭壓力、蓬勃的公民社會等民主化發展，也出現政府在退休年金相關方案的妥協和補償，香港則因特殊行政主導政權，沒有競爭執政的問題，年金的商品化特徵與所得逆分配狀況也是最嚴重的，顯示民主化發展在全球化下對於社會福利發展的正面意義。

This study, based on the perspective of simple democratic model, uses policy argument analysis method to analyze the development of pension policy in Taiwan, Hong Kong and Singapore, and to discuss the influence of democratization on social welfare policy in East Asia. The conclusion of this study shows that global economic competition helps to promote the pension systems that encourage workfare. Due to strong party competition and vivid development of civil society, however, governments of Taiwan and Singapore have compromised to increase their pension policies. Conversely, Hong Kong, due to politics-led government, has the most unequal distribution in its pension policy. In the cases of Taiwan, Hong Kong and Singapore, we have found that the influence of democratic development is meaningful on welfare policy in the era of globalization.