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8 - Social Security Reforms

Published online by Cambridge University Press:  22 September 2022

Shuanglin Lin
Affiliation:
Peking University, Beijing
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Summary

Chapter 8 is concerned with social security. It discusses the evolution of social security systems for different groups of citizens such as urban workers, government employees, rural residents, and urban non-working residents. It explores existing problems in the social security system, such as unequal social security benefits between urban and rural senior citizens, the decentralized social security management system, low returns in individual accounts, and the growing debt in the social pooling account. Challenges such as population aging are also explored in this chapter, and reform options are discussed, such as reducing social security debt, postponing the retirement age for urban workers, increasing benefits to retired farmers, increasing the size of the individual account of young farmers, and establishing a nationwide social security system.

Type
Chapter
Information
China's Public Finance
Reforms, Challenges, and Options
, pp. 232 - 266
Publisher: Cambridge University Press
Print publication year: 2022

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  • Social Security Reforms
  • Shuanglin Lin, Peking University, Beijing
  • Book: China's Public Finance
  • Online publication: 22 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009099028.009
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  • Social Security Reforms
  • Shuanglin Lin, Peking University, Beijing
  • Book: China's Public Finance
  • Online publication: 22 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009099028.009
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Social Security Reforms
  • Shuanglin Lin, Peking University, Beijing
  • Book: China's Public Finance
  • Online publication: 22 September 2022
  • Chapter DOI: https://doi.org/10.1017/9781009099028.009
Available formats
×