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Centre for Policy on Ageing | |
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| Pension reform in China | | Author(s) | Tao Liu, Li Sun |
| Journal title | Journal of Aging and Social Policy, vol 28, no 1, January-March 2016 |
| Publisher | Taylor and Francis, January-March 2016 |
| Pages | pp 15-28 |
| Source | http://tandfonline.com |
| Keywords | Pensions ; Poverty ; Social policy ; Rural areas ; Urban areas ; China. |
| Annotation | China has recently established a universal non-contributory pension plan covering urban non-employed workers and all rural residents, in addition to the pension plan covering urban employees that was already in place. In this latest reform, China has also discontinued the special pension plan for civil servants, and integrated this privileged welfare class into the urban old-age pension insurance programme. With these steps, China has achieved a degree of universalism and integration of its pension arrangements, which is unprecedented in the non-Western world. Despite this radical pension transformation strategy, the authors argue that the current Chinese pension arrangement represents a case of "incomplete" universalism. First, its benefit level is low. Moreover, the benefit level varies from region to region. Finally, universalism in rural China has been undermined due to the existence of the "policy bundle". The authors also argue that the 2015 pension reform has created a situation in which the stratification of Chinese pension arrangements has been "flattened", even though it remains stratified to some extent. (RH). |
| Accession Number | CPA-160311213 A |
| Classmark | JJ: W6: TM2: RL: RK: 7DC |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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