The occupational pensions are playing a more and more important role in the system of multi-pillar pension security system. Aiming at individual account, the paper establishes an actuarial equivalent model for Chinese occupational pensions. Based on the actuarial equivalent model, we analyze the contribution rate of occupational pensions using the simulation method. According to the result, the paper further discusses the contribution rate stated in the Testing Method of Occupational Pensions, which was implemented on May 1, 2005. The conclusions can contribute to the development of the Chinese occupational pensions and establishment of policy