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Jiang, Yuzhen: China a huge pension deficit
Date: 9/20/2013 6:50:43 PM Sender: Jiang, Yuzhen
Jiang, Yuzhen: China a huge pension deficit
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蒋玉珍(Jiang, Yuzhen)
Chinese mainland in recent years, a huge loss of pension insurance, the pension shortfall facing the future may be greater.
It is expected that China is facing a serious pension crisis, many pension after the number of the elderly will be seriously threatened.
Resulting in huge losses of pension funds fundamental reason is that the social system defects.
Pension mainland China only some people in the pay, and more people just enjoy.
For example, the cause of the party and government cadres organs, earning more than the general public, but also to get the most of pension, but in the past many years, they do not pay pensions.
The Chinese government levied for pension business are too high, so all enterprises overwhelmed.
The gap between rich and poor is widening in China, reflected in retirement are also very prominent.
Communist bureaucracy enjoy the highest pensions, and improve health care, old age without any worries.
The life of ordinary Chinese people, hard labor, the elderly lose the ability to work, but because pension losses and worry worry, a sense of security under the rule of the CCP is still just empty talk.


Jiang, Yuzhen
September 20, 2013


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