Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Beijing raises unemployment insurance payment threshold
+ -
13:11, July 01, 2008

 Related News
 California records biggest jump in unemployment
 China to allocate 26 bln yuan this year to reduce unemployment
 Urban unemployment declines to 4% in China
 U.S. dollar dragged down by soft job data
 Eurozone unemployment stays at 6.9 percent in July
 Comment  Tell A Friend
 Print Format  Save Article
Beijing city raised its monthly unemployment insurance payment threshold by 80 yuan (about 11 US dollars) on Tuesday.

It is the ninth adjustment since Beijing introduced unemployment insurance system in November 1999, according to a spokeswoman with the municipal labor and social security department.

There are five categories of payment based on the length of years in prior contribution, with a minimum monthly sum of 502 yuan for the contribution in less than five years, and 611 yuan for the contribution of 20 years and above. After a year's unemployment recipients all get the minimum figure.

The city government also raised medical subsidies for the jobless, and pension for their family members. Farmer-turned contract workers also saw their one-off living allowance go up from 258 yuan to 338 yuan.

Under China's current social security framework, employees are entitled to benefits from five main insurance programs for purposes of pension, unemployment, medical treatment, injury at work, and pre-and-post natal care if the employees are female.

Apart from funding by the government, the social insurance programs also get contributions from both employers and employees, who pay monthly into the funds by varying proportions before the employees' retirement.

Source: Xinhua



  Your Message:   Most Commented:
Obama Phenomenon in U.S.
Dalai clique is chief criminal of violent crimes
"Nonviolence" in the mouth of "Dalai Lama"
Diplomat: Tibet issue not about human rights
Central authorities to meet Dalai's representatives in early July

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90882/6439884.pdf