Tuesday, October 25, 2016

ecns [expanded by feedex.net]: Working past retirement age

ecns [expanded by feedex.net]

ecns

Working past retirement age
http://www.ecns.cn/video/2016/10-26/231675.shtml
Oct 26th 2016, 11:21





Wednesday Oct 26, 2016






Besides the employment data, the authority also released some important information concerning pension benefits and social security. For the first three quarters of this year, the number of basic elderly insurance recipients came to more than 870 million people. The number of social security card holders stood at more than 930 million. For the basic elderly insurance, it requires employers to contribute. That is affecting one group in particular: migrant workers.
The National Bureau of Statistics says there are around 280 million migrant workers in this country, but less than one-fourth of them have elderly insurance for enterprise employees. This is forcing them to postpone retirement.
Xiao Yeqing, 52-year old. Though she is past the legal retirement age, she still works in a garment factory in the suburb of Shenzhen. There were more than 49 million elder migrant workers over the age of 50 nationwide as of late last year. And the number is expected to reach 50 million this year.
"I feel I'm old now. Many factories I have worked in have closed. Nothing is there. When I first arrived here, it was full of grass. Now, look at it. Skyscrapers are everywhere," Xiao said.
In 1994, Yeqing moved from her hometown to Shenzhen. Over these years, her salary has risen from 200 to 3,000 RMB per month. This is one of the big reasons she chooses to stay.
But now, Yeqing and her colleague are worrying about some other problems.
In Shenzhen, the industrial structure has changed enormously. The development of high technology is rapid. What's more, with housing prices surging last year, owners of more and more factories chose to move out of the city. Elder migrant workers like Yeqing feel insecure.
"There were more than 400 people in our factory. Now there are only about 30. All of them are at the age as me," Xiao said.
Facing this reality, Yeqing still stays in the big city. She has a son and a daughter. Both of them are working in Shenzhen. But she is not close with them.
"When I left my hometown, my daughter was only 2 years old. My son was in kindergarten. Every time I tried to call them, they refused to talk to me. We are not close."
Yeqing does not want to be a burden on her children.
More importantly, she has been working in this city for over 20 years. But her factory only began paying for her elderly insurance 10 years ago. When Yeqing reached the legal retirement age, she could not receive her pension, because 7 more years of payments were required.
"I am supposed to get my pension. Everybody deserves it. I have already joined the insurance system, so why can't I get it?" Xiao said.
In 2014, Yeqing took the local human resources bureau to court. Related officials have responded to this issue. They urge enterprises to pay for social insurance according to the law, as they seek to protect the rights and interests of migrant workers.
As for Yeqing, she says she will not retire until she receives a definite answer. She still works in Shenzhen. This is the only way she feels she is not a burden for her children.
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