Basic Old Age Pension Insurance Scheme for Urban and Rural Residents | Max-Planck-Institut für Sozialrecht und Sozialpolitik - MPISOC
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People's Republic of China

Basic Old Age Pension Insurance Scheme for Urban and Rural Residents

城乡居民基本养老保险

1 Preceding the establishment of the basic old age pension insurance scheme for urban and rural residents in 2014, programs of old age pension insurance for rural and urban residents had been launched in many cities (since 2009). Special transition rules applied to older individuals. For example, persons of age 60 at the time of the schemes’ establishment had the right to a ‘basic pension’ from the scheme without having to meet the minimum contribution requirements.

2 Notice of Zhuhai People’s Government on Printing and Distributing the Measures for the Implementation of Basic Old Age Pension Insurance Scheme for Urban and Rural Residents (珠海市人民政府关于印发珠海市城乡居民基本养老保险实施办法的通知), 珠府[2014]88.

Legal Basis: Social Insurance Law of the People's Republic of China (中华人民共和国社会保险法); Individual Income Tax Law of the People’s Republic of China (中华人民共和国个人所得税法); Opinions of the State Council on Establishing a Unified Basic Old Age Pension Insurance System for Urban and Rural Residents (国务院关于建立统一的城乡居民基本养老保险制度的意见), 国发[2014]8号.