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10 major economic policies that will make a difference on lives

(chinadaily.com.cn) Updated: 2015-12-24 07:14

Deeper pension reforms to equal benefits

The country will speed up reforms of the pension insurance system, complete personal accounts and improve the overall coordination. Media reports say a number of the 40 million public sector employees and civil servants started to pay 8 percent of their salary into the country's pension plan as the State Council moved to end the dual-track urban pension system in January this year.

10 major economic policies that will make a difference on lives

Senior citizens chat at a retirement home in Beijing. [Photo/Xinhua]

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