Reforms Benefit Pensioners

Pensioners and unemployed people in Beijing willsoon benefit from more reforms in the socialsecurity system.One of the goals is to gradually make pension fundsindependent of current enterprises and be socializedunder the supervision of the Beijing Municipal Laborand Social Security Bureau (BMLSSB). This will alsorelieve state-owned firms of the huge financial burdenof caring for former employees.Another goal will be building up a mature labor marketby 2002, where employers and possible em…