Pension insurance for urban residents pilot launched in July next year to basically achieve full coverage

Every reporter Li Zemin sent from Beijing, June 1, State Council Premier Wen Jiabao chaired the State Council Executive meeting, decided to start the social endowment insurance of urban residents. Decisions of the Conference, beginning on July 1, 2011, started trial of social endowment insurance of urban residents, pilot areas covering 60% the scope of this year, next year to basically achieve full coverage. It is understood that the pilot will adhere to the "Basic, broad coverage, resilient and sustainable" principles of this agreement "35" principles of the social security system. Recommended reading insurance weekly: April premium as scheduled diving silver insurance effect or Super expected insurance funded participation protection room looked was batch insurance funded contrarian buy wrong killed "white horse unit" new shares frequently break insurance funded playing new encounter floating losses car sales decline drag casualty profit tailored buy insurance figure out terms then Xia Dan Qiming: shocks city in the how mining Daniel unit meeting pointed out that, to implemented social and manpower and personal account phase combination of system mode, by personal payment and Government subsidies phase combination of way raised funds, and other social security policy phase supporting, protection town residents old basic life. Over 16 years of age (excluding students), does not meet the conditions of basic old-age pension insurance of employees in the non-residents in cities and towns, may participate in household register voluntary pension insurance for urban residents. In addition, the insured residents to pay pension premiums, payment to insured residents the Government subsidies, subsidies a standard not less than $ 30 per person per year. Insured residents 60 years of age, can receive a monthly pension, including basic pensions and personal account pensions. Basic old-age pensions paid by the Government, not less than $ 55 per month, according to the economic development of the country and price change adjusting. Decisions of the Conference, has attained the age of 60, meet the required conditions for urban residents, free of charge, can be received on a monthly basis pensions. Secretary General of the social policy research centre, Chinese Academy of social sciences Tang Jun told the economic daily news reporter, implementation of the Social Security Act since the beginning of July 1, so start the social endowment insurance of urban residents in this day, are also important measures of perfecting social security system. The Executive meeting held that pension insurance for urban residents, the Party Central Committee and the State Council to speed up construction of covering urban and rural residents in a major policy decision made by the social security system, marking the full coverage of basic endowment insurance system in China, for the attainment of basic old-age insurance for all, promoting social harmony is of great significance. It is understood that "35" period, social security will be "guaranteed basic, broad coverage" standard, enhancing equity of social security, and take this to correct initial allocation of income and wealth status. In fact, as early as 2009, urban and rural residents in Chongqing has already started the social endowment insurance, its adherence to the principles of, pilot steps, insurance policies and the decisions of the State Council Executive meeting, the same. Beijing technology and business University, Wang Xujin, Director of the Department of insurance, said introduction of the social endowment insurance of urban residents, equalisation in favour of social service in China, means that basic old-age pension insurance has been implemented and a new type of rural social endowment insurance after the trial, the last of China's social endowment insurance system will completely make up for the lack. "Manuscript statement" without the daily economic news authorized use, offenders. If you want to reprint or learn more about the highlights, log's official website: