Latest News:  
Beijing   Sunny/Cloudy    13 / 1 ℃  City Forecast

English>>China Society

Pension insurance coverage to double by 2015


10:44, December 20, 2012

BEIJING, Dec. 19 (Xinhua) -- China will nearly double its pension insurance coverage by the end of 2015 to address the problem of a rapidly aging population, a senior social security official said Wednesday.

As many as 348 million more people will be covered by the program over the next three years, bringing the total participants to 807 million, or about 60 percent of China's population, Hu Xiaoyi, vice minister of human resources and social security, told Xinhua.

China has strengthened its efforts to improve the country's pension insurance system. The State Council, China's Cabinet, decided to adopt the program in all counties nationwide in the first half of 2012 after earlier pilot studies.

"In the next step, we will improve the adjustment mechanism for basic pension insurance based on multiple factors like price fluctuations, worker salaries and residents' income," Hu said.

By 2015, some 95 percent of the population will be covered by medical insurance, and insurance for work-related injury, unemployment and maternity will benefit 210 million, 160 million and 150 million people, respectively, Hu added.

We Recommend:

Photos: Most touching loves in 2012

Snow brings joy to severe winter

Make wishes as end of Mayan calendar nears

Nanjing Massacre victims remembered

China's weekly story (2012.12.10-12.15)

Tell the whole world how I love you

Residential building collapses in Ningbo

Day to remember as couples tie the knot

Chinese space probe flies by asteroid


Leave your comment0 comments

  1. Name


Selections for you

  1. PLA marines in armed parachute training

  2. Chinese navy ships visit Sydney, Australia

  3. The first female president of S. Korea

  4. Christians warn against cult influence

  5. Photos: Our hopes in 2012

  6. FDI continues losing streak

  7. China launches TCM resource center

  8. Incredible Shots of the Exotic Peacock Spider

Most Popular


  1. Do not confuse Confucious with Santa Claus
  2. Losers' can flatter themselves in any culture
  3. Time to abandon Olympic obsession
  4. Lifting US' veil of 'peace defender'
  5. Be wary of 'peepers' in mobile phones
  6. Only local players represent future of CBA
  7. Abe 'must change' to build ties
  8. Gloomy markets defy expected growth
  9. Don't let Chinese characters be a world heritage
  10. Behind annual Chinese Writers Rich List

What’s happening in China

Beijing-Zhengzhou high-speed railway to start service on Dec. 26

  1. Young Chinese embrace foreign TV series
  2. China cracks down on doomsday rumor cult
  3. Boss jailed for a year for refusing to pay workers
  4. China will stick to family planning policy
  5. Chicken farms under investigation