BEIJING - Chinese authorities have decided to raise the pension for corporate retirees by 10 percent to cope with rising living costs, according to a cabinet meeting Wednesday.
The new rules took effect on Jan 1, 2013, according to a State Council executive meeting, chaired by Premier Wen Jiabao. The government has increased the corporate pension for nine consecutive years.
Related stories:
HK retirees look for a place to live
Beijing hikes pension for business retirees
Xi calls for respect for retirees
Pension gap exerts severe pressure
Draft seeks to simplify pension planning
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
