Nobody downloaded yet

Social pension service problem in China - Essay Example

Comments (0) Cite this document
This is because China is still a young nation that is preoccupied with socio-economic and political challenges such as providing education to the young, building strong economic foundations, and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Social pension service problem in China
Read TextPreview

Extract of sample "Social pension service problem in China"

Download file to see previous pages Unlike other developed countries that have put in place mechanisms to cater for the welfare of the aged, China’s aging pattern is taking place much earlier than anticipated and in the midst of social and economic development (Yuan 2007). Perhaps this is the backbone of social pension service problem in China. In fact, low legal retirement age regulations and actual premature retirement are catalysts for the burden on society and families in supporting those who have retired. However, individuals can decide on what age to retire, based on their preferences between work and leisure and between their own consumption and their children’s inheritance. Given the increasing supporting ratio and pension fund shortage in China, universal early retirement can further aggravate the situation.
Pensions are a particularly important part of the social services provided by the Chinese government where reform can play a major role in rebalancing China’s economy. Moreover, the need to iron out the problems bedeviling the social pension service system in China and establish a sound pension system is especially pressing because of the acceleration in the aging of the population. For the past two decades, a lot of efforts have been put into the process of reforming China’s social pension service. The aim of this reform process is to put in place a social pension service for the entire urban and rural population. A lack of a comprehensive social pension service is in itself a social problem of the retired and aging population (Woo 2012).
The pension system was set up after the founding of the socialist economy, whereby Chinese nationals and/or citizens were guaranteed employment in state owned enterprises or other state institutions with all of the attendant social benefits. The benefits were provided directly by enterprises, and the system was financed by enterprise contributions topped up by fiscal allocations. The initiation of reforms saw a ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Social pension service problem in China Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Social pension service problem in China Essay Example | Topics and Well Written Essays - 3750 words. Retrieved from
(Social Pension Service Problem in China Essay Example | Topics and Well Written Essays - 3750 Words)
Social Pension Service Problem in China Essay Example | Topics and Well Written Essays - 3750 Words.
“Social Pension Service Problem in China Essay Example | Topics and Well Written Essays - 3750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Social pension service problem in China

Management Problem of the U.S. Pension Crisis

...Addressing the Management Problem of the U.S. Pension Crisis The pension crisis is an ongoing concern among various nations on their economic ability to fund the pending pension benefits especially those of public employees. The problem began with concerns related to the increasing number of retirees and the limited contributions being remitted to the scheme. In the United States, the problem is being experienced in both the private and public benefit plans. The two forms of pension plans being used by the American workers include the defined benefit plans and defined contribution plans. The corporate bodies, with...
11 Pages(2750 words)Essay

Problem at China Airlines

...disturbances have been witnessed as one of the major difficulties for CAL while conducting its business operations. The political association between Taiwan and Mainland China has been observed to be quite strained because of the growing disputes concerning political status of Taiwan. The political problems between Taiwan and China have drastically affected the airlines business of CAL because the Chinese tourists are allowed to visit Taiwan in a group but they are not allowed to visit individually. In addition, the cargo transhipment service was also restricted between these two countries that also affected the business operations of CAL at large. Due to political...
15 Pages(3750 words)Essay

Social Problem macro in historical, political, as well as political context. This research paper will seek to discuss the social problems with the provision of treatment and access to health care services in Canada in relation to the long waiting time in non-urgent health care. Micro to macro social problems in historical context The article titled ‘Mediscare’ that appeared in Mother Jones Magazine in 1991 exhibits historical social problem of access to treatment in the Canadian health care system. The interview between the editor and Canadian doctors, Dr. Johnson and Dr. Rachlis reveal that health care remains costly due to the...
7 Pages(1750 words)Research Paper

Social Service

...Social Service Work Motivational methods to encourage Ethel Aces to attend programs and activities Ethel Aces was affected with paralysis on the left side. As a recreation assistant I will converse with her in such a way that motivates and boosts up her self confidence. Talk to her in an encouraging way and help her to involve in other activities. Speech therapies can be arranged to improve her slurred speech. She can be made to interact with people in the society and move with them in a friendly manner. All these will improve her self confidence and will help her to participate in the weekly masses. It will also enable her to attend other programs and activities. Mrs.Skirving's interest and a...
2 Pages(500 words)Assignment

Social Problem

...The Social Problem Inside Odessa, every person identifies themselves in stipulations of the university football squad and existed vividly through it. Football has been important in many lives; however, in my life, football is just another sport. I don't think that I would be preoccupied by it, because for me, there are other more important things to be done than merely cheering with other people's victories. Conversely, well-sensed citizens distinguished the volume for how it has been where a viciously honest likeness of what a high school football signifies towards a municipality also how this fervor may transform priorities, frequently towards the damage of the town. During the latest news reports...
2 Pages(500 words)Essay

Social problem

...How Does an Issue Come to be Regarded as a Social Problem Introduction The field of sociology connects directly with what civilization considers as acceptable and what society considered as being unacceptable. While Europe and the western world today can claim to be a bastion of culture, liberty and revolutionary ideas, there was a time when the situation was quite different. Less than a hundred years ago, many western countries did not think that women were eligible to vote. Where there are topless beaches, the idea of a woman showing her knee was taken as shameless. Where there is talk of peace and tolerance, innocents were burnt at the stake as witches. Clearly, there are a number of factors involved...
8 Pages(2000 words)Essay

Social problem

...Social Problem: Drug Abuse The purpose of this paper is to provide a critical discussion of drug abuse in our modern society and the effect that it has on our community and society. The format that this paper will utilize is to first identify the social problem and provide some reasoning as to why it is a social problem. Building on this last point, this paper will also describe how this problem affects specifically Americans. Secondly this paper will provide a critical discussion as to what is being done to help resolve the problem of drug abuse by providing examples of approaches that are being...
6 Pages(1500 words)Essay

Social Problem

...Insert Insert Insert 15 January Social Problem in the Canadian Health Care System Introduction InCanada, the phrase health care refers to hospitals, drugs, public health policy, and dentists among other health care phenomena. The effectiveness of Canadian health services is realized based an individual’s health status, use of practitioners’ services and geographic location of the individual. For several years, Canadians benefited from universal access to health care as well as numerous benefits that covered health care. Despite these benefits, hospital stewards and practicing physicians have continued to experience increasing frustrations which have in effect created a...
7 Pages(1750 words)Research Paper

Pension System in China

...The evolution of the pension system in China Summary/Abstract The evolution of the pension system has been marred by inefficiencies and unfairness. The purpose of this paper is to analyze the aspect of inefficiency and unfairness in the evolution process of the pension system in China. The determination of China in establishing a pension system that is partially funded is deemed a step in the right direction. However, if the individual accounts are not separated from the social pooling, the replacements, the efficiency of the implicit pension debt, improvements in fund regulations and...
25 Pages(6250 words)Thesis


...service It belongs to an independent non-profit organization that makes and provides advice, free information and guidance on matters concerning pensions to individual. They also provide state, personal, stakeholder scheme and company information about the pension available and means of acquiring that pension by an individual. The organization also helps any person or member from the public who has a problem, dispute or complaint with private pension or occupational pension arrangement. The only thing that these people do not deal with complaints, problems or disputes that relate to state. They...
11 Pages(2750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Social pension service problem in China for FREE!

Contact Us