Shanghai test-runs flexible retirement plan

0 CommentsPrint E-mail Xinhua News Agency, October 3, 2010
Adjust font size:

Shanghai will begin testing a flexible retirement system on Oct.9 amid rising fears that the country's expanding aging population would leave heavy pressure on the national social security and pension systems.

The tentative measure will give the citizens the option of postponing retirement and apply only to enterprise workers, while civil servants and those working for the government-sponored undertakings will still follow the current system which was stipulated by Chinese laws.

Under the new terms, eligible employees are permitted to postpone retirement until 65 for men and 60 for women. The current retirement age in China is 60 for men, 55 for female cadres and 50 for women workers.

"The system tries to be applicable to all needs of the residents - Those who want to retire on schedule can do so, while those who wish to continue working may also do so," says Bao Danru, deputy director of the Shanghai Bureau of Social Security.

Debates over whether the pushback of the retirement age is efficient to ease the pressure on the insufficient pension funds have become fierce recently.

According to Zheng Bingwen, from the Chinese Academy of Social Sciences, China's pension deficit has topped 1.3 trillion yuan ($200 billion) and will enlarge in the future.

However Lu Guoping, a columnist for some domesitc media outlets, pointed out that the postponement could not cut the deficit, but only delay its impacts. He also worried the longer working years of employees, especially those in senior posts, may leave fewer opportunities for youngsters.

In September, China's Ministry of Human Resources and Social Security said it would not adjust the retirement age nationwide any time in the near future.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 2018天天操天天干| 免费看小12萝裸体视频国产| 一道本不卡视频| 精品日产卡一卡乱码| 国产精品美女视视频专区| 久久99精品九九九久久婷婷| 精品亚洲视频在线| 国产福利精品一区二区| 一二三四社区在线高清观看在线| 欧美末成年video水多| 免费在线看片网站| 黄网页在线观看| 在线www中文在线| 久久99国产精一区二区三区| 日韩电影在线观看视频| 亚洲av永久青草无码精品| 狠狠色狠狠色合久久伊人| 又爽又黄又无遮挡的视频| 色多多视频在线观看| 国产精品免费看久久久| 久久一本岛在免费线观看2020| 欧美日韩国产人成在线观看| 国产口爆吞精在线视频| 99在线免费观看| 夫醉酒被公侵犯的电影中字版| 丰满多毛的大隂户毛茸茸| 欧美成人免费全部观看天天性色| 国产三级精品三级在线观看| 69成人免费视频无码专区| 在线观看噜噜噜私人影院| 中国帅男同chinese69| 最近中文字幕完整国语视频| 人妻无码一区二区三区四区| 视频二区调教中字知名国产| 天堂影院www陈冠希张柏芝| 九九免费精品视频在这里| 狠狠色丁香婷婷久久综合蜜芽| 嘟嘟嘟www在线观看免费高清| 黑人借宿ntn神宫寺奈绪| 天堂网www在线资源网| japanese酒醉侵犯|