China Continues to Raise Basic Pension Payments for Retirees
Time:2024-05-21 10:13:27 Source:worldViews(143)
- Home
- News
- People
- In-depth
- ACWF
China Continues to Raise Basic Pension Payments for Retirees
May 23, 2023Community workers serve senior citizens at a canteen for elderly people in Gulou District of Fuzhou, capital of southeast China's Fujian Province, June 24, 2022. [Xinhua/Jiang Kehong] |
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.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Previous:California congressman urges closer consultation with tribes on offshore wind
Next:Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
You may also like
- Investigators return to Long Island home of Gilgo Beach serial killing suspect
- Diversified Markets Heat up China's Nighttime Economy
- Mask Mandate Dropped for School Campuses
- Couples Marry First a Bit Later in Hangzhou
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- China to Hold over 12,000 Cultural Activities During Spring Festival
- GLOBALink
- Spring Ploughing and Seedling Raising Start in SW China's Guizhou
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue