Is there a pension in China? What do Chinese pensioners live in?

The article will talk about whether there is in Chinapension. It is important to make a reservation right away - this is a complex issue. In the Middle Kingdom on this issue is all mixed. So, let's try to figure out whether there is a pension in China, that is, a pension system.

The pension issue in China in the past

The pension system of China is not classified as fair. Until relatively recently in the Middle Kingdom it was paid only to officials and employees of state companies.

The implementation of market reforms allowed the ChineseThe pension system also includes citizens who are engaged in private entrepreneurship. But even this made it possible to count on payments to only thirty percent of the elderly.

The remaining Chinese pensioners (mainly from rural areas) continued the traditions of their ancestors: they were kept in their children's homes.

Adherence to traditions has always contributed tostrengthening family ties, caring for elderly members of the family is taken for granted. So if you ask in the countryside, if there is a pension in China, then most likely you will not get a specific answer because of its ambiguity.

Pension issue in China today

Today, China is confronted with the result of the erroneous policy of the 1970s in the issues of demography.

As is known, at that time the Chinese authoritiesa restriction on the birth rate was introduced. As a result, today the country is experiencing a sharp aging of the population, with a simultaneous reduction in youth, which has traditionally been entrusted with the maintenance of elderly parents.

China today is the world leader in terms of the number of pensioners.

How many Chinese will retire in 20 years andwhether the state can provide them with a decent old age - a question that is acute today before the authorities. Already today, the deficit of the country's pension system "eats" up to 40% of the state budget revenues. Analysts say about the amount of $ 11.2 trillion, which will account for the deficit in the PF by 2033.

Chinese demographers predict a situation where only one resident will work for one pensioner.

On the political horizon of China loomed unpopular measures among the people, in particular, raising the retirement age.

Retirement age of the Chinese

It is interesting that the retirement age in the Middle Kingdom varies by industry and region.

Today for men - it's 60 years, and for women,working in the administrative sphere - 55 years. Women who work physically have the right to retire at 50. This age system has existed in China for half a century. At that time, life expectancy in the country averaged about 50 years.

At present, this indicator has grown. Men live on average up to 75 years, women - up to 73.

In this regard, the Ministry of Labor andSocial security of China went to the government with a proposal for a phased increase in the retirement age, starting in 2016. For an incomplete 30 years, it is proposed to equalize the age of men and women eligible for retirement. If this is implemented, then in 2045 the Chinese will go on a "well-deserved rest" at 65 years old.

What do Chinese pensioners live in?

Of course, the first and main issue for pensioners in any country is the question of what the size of pension benefits.

In China, pension accruals depend on where a person lives (in a city or a village), as well as on whom he works for (state or private company). There is no single basic pension in the country.

Average pension in China by place of residencediffers at times and is 1,500 yuan for the townspeople, for the villagers - from 55 to 100 yuan (pensions in the village were introduced only in 2009). The citizens' concession is approximately 20% of the average salary, the villagers - 10%.

The basis for obtaining a minimum pensioncivil servants is a 15-year work experience at the state enterprise, as well as deductions of 11% of wages to the state pension fund (PF). For state employees, the state allocates to the PF, the size of the pension is tied to the salary in the public sector.

In the private sphere of work, everything is somewhat different: the employee directs to the PF 8% of his salary, 3% - the employer.

In some regions of China, the amount of pensionis formed at the enterprises where the employees themselves accumulate savings for future old age. In the future, the organization pays them pensions based on the amount that was collected during the work.

Chinese retired on pension

Is there an old-age pension in China? If you ask this question to the Chinese themselves, then in response you can hear that in the country every fourth citizen who has reached the age of 60 gets it. This is confirmed by the statistical data of China.

However, it seems that the Chinese themselves are not particularlythe question is: "Is there a pension in China?" Here, apparently, affects the mentality of people who honor the traditions of their ancestors. For thousands of years, the Chinese lived, hoping only for themselves and their loved ones. Being proactive by nature, they do not have problems with socialization, they do not need outside assistance. For the Chinese, a pension is a time when the soul sings, because it is free from previous concerns.

The fact is that the elderly in China do not value the financial component of the pension anymore, but the normal attitude of close people and society as a whole.

Going on a well-deserved rest, the Chinese are activelyseek to make up for lost time before rest. The favorite pastime for them is dancing in the evening. On the parks in the parks, at the metro and even on the road you can see pensioners dancing not only folk dance with fans for drums and tambourines. Older people also do not disdain waltz, and tango.

By the way, this hobby often brings income to the most notable retired dancers: speaking at festivals and corporate parties, they get paid for it.

A new hobby of pensioners of China becamedomestic and foreign tourism. This contributes to the development of the tourism sector of the country's economy, and life in retirement makes it even more interesting. Therefore, to the question: "Is it interesting to live on pension", the older generation of the Chinese will unequivocally give the answer "yes."

China in search

The pension system of China, its strengthening is not an easy matter. The prerogative in his decision is given to the state.

As history shows, the country has always foundexit from difficult situations. Today, the PRC government is looking for models that allow more flexible management of the pension system. Therefore, the question of whether there is an old-age pension in China can be classed as rhetorical. Of course there is.