Contact Us
China Continues to Raise Basic Pension Payments for RetireesMay 23, 2023
BEIJING, May 22 (Xinhua) — China announced Monday that it will raise the basic pension payments for retirees in 2023, marking 19th consecutive annual increase. The average monthly payment for pensioners of enterprises, government agencies and public institutions is set to be lifted by 3.8 percent from the 2022 level, according to a circular jointly issued by the Ministry of Human Resources and Social Security and the Ministry of Finance. Last year, China raised the basic pension payments for retirees by 4 percent from level of the previous year. China has put elderly care high on its agenda as it copes with an ageing population. Official data showed that by the end of 2022, the number of Chinese people aged 60 or above had surpassed 280 million, accounting for 19.8 percent of the country's total population. The country has recently released a set of guidelines to facilitate the building of a "basic elderly care system" amid efforts to pursue a proactive national strategy regarding population ageing and ensure equitable access to public services.
(Source: Xinhua) 32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn. CommentsMagazinesProjects
Photos
Special Coverage |
Xinjiang's progress in the eyes of national legislators, political advisorsParty's over: Coyotes end tenure in the desert with raucous atmosphere before movePSG star Tabitha Chawinga of Malawi overcomes obstacles en route to Champions League successWhite House opposes potential standPakistan says Iran's President Raisi will visit next week despite tensions in the Middle EastArsenal crash OUT of the Champions League after losing to Harry Kane's Bayern Munich in the quarterIsraeli soccer facing Palestinian calls for action by FIFA at annual congressHere come the nepoLeonardo DiCaprio tipped to play Frank Sinatra in new Martin Scorsese biopicGermany arrests 2 for allegedly spying for Russia, plotting sabotage to undermine Ukraine aid