Shantou City plans to set up a new rural endowment insurance system in the second half of this year, which not only covers the basic pension for peasants who lose the land and peasants whose land is acquired by the government but also covers all peasants. The new rural insurance system will integrate the basic pension for all peasants including those who lose the land and peasants whose land is acquired by the government into the unified new rural endowment insurance system, realizing the integration of the new rural endowment insurance system.
It is reported that after the new rural endowment insurance system is implemented in Shantou City, the new rural endowment insurance system of Shantou City will incorporate the basic pension system for peasants who lose the land and peasants whose land is acquired by the government. At that time, the pension problems of rural peasants, peasants who lose the land and peasant whose land is acquired by the government in Shantou City can be solved together.
Source:Shantou Daily, July 28, 2010