What Does a Division of Pensions and Benefits Do?

The welfare pension system is a welfare system for unprotected senior citizens established by Shanghai and Beijing outside the basic pension system in China.

Welfare pension

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The welfare pension system is a welfare system for unprotected senior citizens established by Shanghai and Beijing outside the basic pension system in China.
Chinese name
Welfare pension
The welfare pension system is a welfare system for unprotected senior citizens established by Shanghai and Beijing outside the basic pension [1] system in China.
In order to ensure that all members of society can enjoy social security benefits equally, the development direction of China's basic endowment insurance should be universal insurance, which is also a fact proved by the international community. However, the implementation of universal insurance will inevitably meet the problem of how the poor groups with weak economic capacity pay, and all countries that have achieved universal insurance have achieved this goal by establishing a welfare pension system. Due to the low level of social and economic development in China and the impact of the traditional social insurance model, the coverage of basic endowment insurance is still relatively narrow, and it is not possible to include poor groups with lower levels of economic income, such as urban non-working residents and the majority Farmers. However, these residents also urgently need social security benefits. In this context, Shanghai and Beijing, two more economically developed areas, have begun to explore welfare pensions. Welfare pension is a brand-new welfare model in China. It has some characteristics of social welfare. We believe that its emergence and development have deepened our social welfare system.
Shanghai and Beijing have successively introduced welfare and pension policies for unsecured elderly people in this city. These policies have adapted to the aging of the population, further improved the social security systems of the two places, and guaranteed the living problems of unsecured elderly people. The welfare pension policy is a moderate inclusive cash benefit policy, which has three characteristics: non-contributory, moderate inclusive, and cash payment. Although they all belong to the welfare pension policy, there are slight differences in specific regulations between Beijing and Shanghai. The Beijing policy covers a wider scope, with more lenient application conditions and fairer system design. It is worth learning from Shanghai.
Welfare and pension policies are neither social insurance nor social assistance. This welfare pension policy echoes the moderate inclusive social welfare advocated by China at this stage, and is a moderate inclusive cash welfare policy. It has three characteristics: non-contributory, moderate inclusiveness, and cash payment. These three characteristics are also common to Beijing and Shanghai welfare pension policies.

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