China’s pension system, known as the Old-age Insurance System, covers pensions, illness coverage, work injury benefits, and maternity support. It has two pillars: a basic pension system and ...

At the heart of this looming crisis is China’s pension system, which was originally designed to support retirees but now struggles under the weight of demographic and economic changes. The system, ...

China’s Labor Law landscape saw major reforms in 2024, including a phased increase in the retirement age, adjustments to pension contributions, and relaxed compliance requirements for cross-border HR ...

Officials launch the China Pensions Index at an event in Shanghai. PROVIDED BY CIAFC . In a significant move aimed at ...

The objective of Unified Pension Scheme is to provide financial security to the Central government employees after retirement ...

Still, China’s state-led basic pension system is under significant financial pressure. About one-third of China’s provincial-level jurisdictions are running pension deficits. China’s Academy ...

BEIJING - China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients ...

With the expansion of its personal pension program in December, China is trying to encourage savers to increase their thus-far paltry contributions and put more of their money into investments ...

To enhance the old-age security system, China piloted a private pension scheme in certain cities in 2022 and expanded the program nationwide in December 2024. The scheme allows participants to ...