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Rural endowment insurance to cover Chongqing

Rural endowment insurance to cover Chongqing

Write: Natale [2011-05-20]

CHONGQING (CQNEWS) -- From April 1on, the rest 10 districts and counties in Chongqing will become pilot areas of the urban and rural endowment insurance system. A total of 3 million rural aged citizens will get pension at least 80 yuan/month.

A total of 30 local districts and counties launched the system in July 2009 and October 2010 respectively.

By the end of Feb. 2011, 8.11 million people have been insured, including the old above 60 years old of 2.77 million. (Translated by Wei Longfeng, Fathom Language Limited)