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Does a universal non-contributory social pension make sense for rural China?
Authors:Ce Shen  Jessica Johnson  Zhenhe Chi  John B Williamson
Institution:1. School of Social Work, Boston College, United States;2. China Institute of Industrial Relations, Beijing, China;3. Department of Sociology, Boston College, United States
Abstract:China’s pension reform during the past three decades has allowed a majority of China’s population to be covered by a pension scheme. Of particular note has been the New Rural Pension Scheme (NRPS), a voluntary programme introduced starting in 2009. One goal of our analysis is to assess that pension scheme, using a variety of sources of information including data drawn from recent (2013 and 2015) nationwide China Health and Retirement Longitudinal Surveys (CHARLS). Our analysis involves an exploration of differences between the generosity and structure of the NRPS and other pension schemes currently in place. We also explore the feasibility of reforming the current “quasi-social pension” component of the NRPS by substituting a universal non-contributory social pension pillar. In connection with our assessment of the NRPS, we note the unusually low benefit levels for rural China.
Keywords:old-age benefit  universal benefit scheme  social security financing  rural population  developing countries  China  prestations de vieillesse  régime universel de prestations  financement de la sécurité sociale  population rurale  pays en développement  Chine  prestaciones de vejez  régimen universal de prestaciones  financiación de la seguridad social  economía rural  países en desarrollo  China  Altersruhegeld  universelles Leistungssystem  Finanzierung der sozialen Sicherheit  ländliche Wirtschaft  Entwicklungsländer  China
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