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China's aging population: Over 200-million by 2015

07-11-2010 13:41 BJT

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By 2015, there will be more than 200-million senior citizens in China. Ensuring their quality of life is a concern for the Chinese government. Since January 1st, a new policy has been implemented for city workers, aiming to ensure their endowment insurance is not limited by restrictions on movement.

In Dongguan City, in South China's Guangdong Province, rural migrant worker Yin Chuanjin plans to transfer his endowment insurance from another city.

In the past, he had no choice but to withdraw his policy, as it could not be transferred to different places. It caused him many problems.

But now, things are much better.

Yin Chuanjin, Rural Migrant Worker, said, "After filling in a form, everything is done in ten minutes."

Since the implementation of the new policy, more than 30-thousand people have successfully transferred their endowment insurance. One-third of them are rural migrant workers.

Pi Dehai, Vice-director of Social Security Admin. Center. MHRSS, said, "Thanks to this new policy, almost no rural migrant workers are withdrawing their insurance."

However, new problems have arisen. The rate of people successfully transferring their insurance is not high enough.

One of the reasons is the slow transfer of information.

Liang Bing, Director of Dongguan Social Security Bureau, said, "Rural migrant workers living in remote provinces can only get in touch with local governments by making phone calls and writing letters. It takes a long time."

Local governments are doing their best to set up an information platform, which should be completed in three months' time. It will then be more convenient for people to transfer their endowment insurance, and rest easy, knowing their retirement protection is safe and secure.

Editor:Zheng Limin |Source:

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