484 million Chinese covered by pension system
Updated: 2013-02-27 21:16
(Xinhua)
|
|||||||||
BEIJING - China's pension system had covered 484 million people as of 2012, according to figures revealed by the Ministry of Human Resources and Social Security (MOHRSS) on Wednesday.
Hu Xiaoyi, vice-minister of human resources and social security, said at a national conference on social insurance funding that 304 million urban Chinese were covered by the pension system, 50.9 percent higher than the number registered in 2007.
Gross revenues for social insurance funds totaled 2.85 trillion yuan ($457.45 billion) and gross expenditures reached 2.21 trillion yuan in 2012, 2.63 times and 2.8 times that of five years ago, respectively, the ministry said.
Basic endowment insurance per capita has increased 86 percent compared with five years ago, Hu said.
China's social insurance funds comprise five parts: basic endowment insurance for the elderly, basic medical insurance, unemployment insurance, work-related injury insurance and maternity insurance.
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |