Fix pension scheme
China Daily | Updated: 2009-02-07 07:57
As the aging of China's population accelerates, any effort to improve the social security net should be needed now more than ever.
The two drafts the Ministry of Human Resources and Social Security published to solicit public opinion on pension insurance for migrant workers and the cross-region transfer of pension funds for urban workers are long overdue.
By making it more convenient to transfer and renew pension fund accounts anywhere in the country, these new measures will attract more participants and boost the development of social insurance.
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