What does dual-track system mean?

Two-track system means: a system in which two systems operate simultaneously.

The so-called "dual-track" is just an organizational structure. That is, each distributor only need to develop two sales markets: A market represented by distributor A and B market represented by distributor B.

In pedagogy, the dual-track system is a type of modern school system, and its school system is divided into two tracks: one track is academic education, and the second track is vocational education. Academic education, which develops from the top down, i.e., universities first, then preparatory schools for secondary education (grammar schools), then preparatory schools for grammar schools of a primary education nature.

Two-track school system: one from top to bottom, its structure - universities (later also other higher schools), secondary schools (including preparatory schools for secondary education); the other from bottom to top, its structure - elementary school (later primary and secondary schools) and later of vocational schools (first elementary vocational education connected with elementary schools, later developed into secondary vocational education connected with middle schools).

What does the dual-track system of social security mean? The so-called dual-track system of social security refers to the fact that before 2014, the calculation methods of the pensions of the enterprise units and the pensions of the institutions are different, and the calculation methods are different, so it is called a dual-track system, that is to say, two different systems and concepts. This situation is actually broken after 2014.

Because after October 2014, even as a public institution in the staff, then is also required to participate in a normal employee pension insurance, and such an employee pension insurance, with our enterprises in the staff of the employee's pension insurance is completely consistent with the two have actually realized a conceptual sense of a parallel, but not complete. The two of them have actually realized a conceptual integration, but not a complete integration, why?

Because in October 2014 after the retirement of the institutions in the people, it will have this transitional pension compensation treatment, while it also adopts the principle of the combination of new and old methods to calculate the pension of institutions.