Abstract:China: Pension system in 2008 China has a two‐tier pension system, consisting of a basic pension and a mandatory employee contribution to a second‐tier plan. This system, which was introduced in 1998, was significantly revised in 2006. It covers urban workers and many of the parameters depend on province‐wide (rather than national) average earnings.
Document Type: Review Article
Publication date: March 1, 2011