Beijing City Reforms Its Pension System, XINHUA From: Xinhua (China) | Date: May 19, 2000 | . Provided by ProQuest LLC.Copyright information

Xinhua (China)

05-19-2000

The municipality of Beijing today took a new move in the reform of its
pension system, enabling social insurance institutions to take full responsibility
to collect, manage, and distribute pensions.

In the past, those retired can only receive pensions from their work
units. If the unit closed down, they often lost their pension.

According to You Lantian, director of the Beijing Municipal Bureau of
Labor and...

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