ecns [expanded by feedex.net]
ecns
China raises pension for corporate retirees again
http://www.ecns.cn/2013/01-09/44549.shtml
Jan 9th 2013, 07:50
2013-01-09 16:50 Xinhua Web Editor: Gu Liping
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Chinese authorities have decided to raise the pension for corporate retirees by 10 percent to cope with rising living costs, according to a cabinet meeting Wednesday.
The new rules took effect on Jan. 1, 2013, according to a State Council executive meeting, chaired by Premier Wen Jiabao. The government has increased the corporate pension for nine consecutive years.
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