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 ...

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 ...

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 ...

The China Pensions Index, which was created by East China Normal University, or ECNU, offers a comprehensive framework to ...

The rest are 25 securities companies and eight independent sales institutions. To enhance the old-age security system, China piloted a private pension scheme in certain cities in 2022 and expanded the ...