China unifies pension system
Updated: 2015-01-14 17:53
By Dai Tian(chinadaily.com.cn)
|
|||||||||||
Zheng Gongcheng, Renmin University of China:
The pension was previously paid from fiscal funds, which is unfair. The reform pursues justice in pension systems for different groups of people. Despite of a reduction in pensions, occupational annuities for the affected staff will help prevent sharp losses.
Chen Bulei, the Southwest University of Political Science and Law:
Occupational annuity will ease the worries of the 40 million staff affected.
Opinions on social networks
The reform is the most-discussed topic on Chinese social media site Sina Weibo, and the hashtag "pension reform" was used 18.5 million times as of 15:50 pm Wednesday.
Jasmine-muomuo:
I have been waiting forever for this new policy, I'm hoping for a raise in the salary after the reform because currently it's too low.
Dapengkantianxia gave thumbs up:
If you want to enjoy social security, you have to pay for your own, no matter if you are a government official or a private enterprise employee. This is more fair.
Related Stories
Reforming pension system a long haul 2014-12-24 16:12
China to reform pension system for govt employees 2014-12-24 09:45
China mulls new rules to manage $166b pension fund 2014-11-27 15:10
New private fund regulation puts the focus on risk tolerance 2014-08-23 07:57
Pilot program supplements pension system 2014-07-02 07:54
"House-for-pension" a bitter option in graying China 2014-07-01 17:22
Today's Top News
Black Box of crashed AirAsia jet retrieved
Arson attack at paper that ran Charlie Hebdo cartoons
Improved screening to secure safe blood transfusion
Ambitious course set for global airliner market
Hostage-taking in French town, Hebdo suspects sighted
17 officials punished over deadly terror attacks in Xinjiang
Subdued price levels point to more policy easing
Kung fu star's son sentenced to six months in prison
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
CES: Spotlight on Chinese gadgets |
Yearender: What happened around the globe in 2014 |
National Memorial Day for Nanjing Massacre victims |
Corrupt female officials spark debate |
Blue skies ready to greet APEC |
Growth pangs |