PolyU Library
Journal Call no.AP8.W56
AuthorChen, Qihong.
Article TitleBetter than putting money in the bank : pension plans catch on with rural workers / Chen Qihong.
Is Part OfWindow ; v.3, no.24, 24 Jun 1994, p.23-24, illus.
AbstractEarly in 1986, the Ministry of Civil Affairs started to administer research into the feasibility of setting up old-age insurance schemes in the country. The first experiment was carried out in Shandong province in the middle of 1991 to help in the stability and economic development of rural areas which depend on a well-conceived pension system. Experts claim that an insurance scheme can narrow the gap in living standards between urban residents and farmers. In the past, unlike their urban cousins, farmers never enjoyed insurance welfare.