“Time Bank” Diversified Mutual Assistance Urban Pension New Form

China is faced with a surge in the elderly population, an insufficient supply of the elderly, and an imperfect pension system.Taking the "time bank" model of community mutual support for the elderly as the litmus test and by following per under the principle of "the elderly can not only contribute to the community, but also be taken care of", the new urban pension service model of actively developing the human capital of the elderly is a new idea of comprehensively tapping the talent dividend, and at the same time implementing the national active aging strategy.This study on the welfare pluralism theory, empowerment theory, and social exchange theory as the foundation, from two dimensions of supply and demand, by using the method of case analysis and in-depth interviews to investigate the current situation of the "time bank" pension mutual assistance model in Taoyuanju community, Jianye District, Nanjing.Also, this article analyzes the advantages and disadvantages, opportunities, and challenges for this model.To conclude, the "time bank" pension model makes up for the shortcomings of China's traditional pension model.