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When will there be social security in China?

More than 50 years ago, the People's Republic of China (PRC) Special Administrative Council promulgated the first national social security regulation in the history of China-the Labor Insurance Regulations (for Trial Implementation).

In the past 50 years, the development of the old-age insurance system in China has gone through (and is going through) three stages.

The first stage (195 1 year-1984). Divided into three historical periods.

In the first period, the socialized old-age insurance system was initially established. From 195 1 to before the Cultural Revolution, China initially established an old-age insurance system, which not only stipulated unified payment conditions, treatment standards and payment ratios, but also stipulated that 30% of labor insurance funds should be turned over to the All-China Federation of Trade Unions as the general fund of social insurance, which was used to adjust all localities and enterprises, and actually implemented national overall planning.

In the second period, turmoil led to the "settlement" of the old-age insurance system. 1966 The "Cultural Revolution" caused disastrous losses to all work, and the social insurance system was not spared.

The third period is rectification, standardization and exploration. 1978 In June, the State Council promulgated the Interim Measures for the Resettlement of Old, Weak, Sick and Disabled Cadres and the Interim Measures for the Retirement and Resignation of Workers (famous document 1998/ 1998. 104), in view of the abnormal phenomena during the Cultural Revolution and the defects of the previous system, the conditions and treatment standards for retirement were redefined. 1983 in view of the weak support ability of urban collective enterprises, the State Council proposed in the Interim Provisions on Several Policy Issues of Urban Collective Ownership Economy that collective enterprises should withdraw a certain amount of social insurance money according to their own economic conditions, and gradually establish a social insurance system to solve the living security problem of old retired workers who have lost their ability to work. By the end of 1984, the problem that more than 2 million people left over from the Cultural Revolution should retire without retirement was basically solved, the level of retirement benefits was significantly improved, and the old-age life of employees in urban collective enterprises was initially guaranteed.

199 1 year to rebuild the whole society.