综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China may raise retirement age to ease pension shortage

(AFP)
Updated: 2006-11-28 14:13

 China may raise the retirement age in a bid to rein in the enormous welfare burden associated with a rapidly ageing society, state media has said.

The initiative comes from the Ministry of Labor and Social Security, which is worried about ballooning spending on pensions, the China Economic Weekly reported.

"We will put forward a proposal on raising the retirement age ... by the end of this year," the magazine quoted an unidentified ministry official as saying.

China's social security fund, in charge of paying out pensions, was 800 billion yuan (102 billion dollars) in the red last year, up steeply from 36 billion dollars in 2000, according to the report.

Although the legal retirement age in China is 60 for men and 55 for most women, many employees of state-owned enterprises have been allowed to retire in their 40s or 50s to make openings for new graduates and others.

Some officials warn that raising the retirement age could exacerbate the unemployment situation.

If people retire at an older age, it will take longer before they can relinquish their jobs to younger members of the work force.

"We need to balance pension fund needs and unemployment," a central government official was quoted by the report as saying.

Many developed countries face similar problems in funding their pension schemes and several have proposed increasing the retirement age so as to ease the burden.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
曲靖市| 伊金霍洛旗| 阿拉尔市| 乐亭县| 高阳县| 陈巴尔虎旗| 大悟县| 平利县| 平顶山市| 石门县| 中方县| 宁武县| 克山县| 丰都县| 邹城市| 哈尔滨市| 太保市| 余姚市| 依兰县| 亚东县| 柞水县| 临桂县| 特克斯县| 邵阳县| 滨州市| 五寨县| 怀柔区| 滁州市| 元阳县| 寻乌县| 三亚市| 颍上县| 松溪县| 彰化县| 吉木萨尔县| 左贡县| 宜宾市| 广安市| 特克斯县| 金山区| 茂名市|