Old Security of China

the definition of related concepts

(1) social security

Social security is to protect the people's livelihood and promote social progress, the state and society by legislation as the basis to organized and implemented by the government departments and social organizations, the general economic and social risk accidents and troubled people and have the physical and spiritual needs of all citizens to provide material assistance and welfare and professional the service system and cause.

(2) endowment insurance

Endowment insurance is a part of social insurance, the government through the institutional arrangements of legislation, in conformity with the rights and obligations of the principle, and the loss of the ability to work with age in workers, or meet the statutory labor obligations age of labor, an economic security system was established in order to meet their basic the life needs.

(3) social welfare for the elderly

The social welfare of the elderly is based on the special needs of the elderly and their own characteristics, which is provided by the society to the special care of the elderly, physical assistance and social services. There are also certain circumstances in which older people are equivalent to social security, as in western countries.

(4) social security model

From the perspective of "income" point of view, the social security subsidies there are four modes, namely the social insurance model (i.e. Employment Association) and general benefit mode (i.e. providing subsidies per capita), social assistance model (i.e., family economic status survey) and central provident fund deposit insurance fund (i.e. way).

China's old-age security system construction process and content

(1)New town endowment insurance system

• Specific content of reform

1. the establishment of PAYG and fund accumulation system combining, establish new mode of capital operation.
2.  the establishment of a system of social pooling and individual accounts.
3. to expand the source of pension insurance, by the state, enterprises and individuals to share the cost of pension insurance.
4. to expand the social coverage of the pension, the implementation of old-age insurance system for all urban workers.
5. the mechanism for the establishment of pension fund value added.
6. to establish a new mechanism for pension and social economic development and to share the fruits of economic development with retirees.

(2)Elderly community welfare and social services

          Elderly social welfare is an important supplement to social insurance. The elderly social welfare high level is beneficial to improve the quality of life of the elderly, so as to improve the level of welfare of the whole society, as the social relief level of old-age social welfare have important significance to guarantee the basic livelihood of the elderly.

           The special needs of the elderly is the twenty-fourth session of the United Nations General Assembly, held in 1969, was formally proposed, which attracted the attention of representatives of the participating countries. 1982, held in Vienna, the World Conference on aging, since then, China has gradually been concerned about the special needs of the elderly.