Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress (NPC), holds the First plenary session of the sixth session of the 11th NPC Standing Committee at the Great Hall of the People in Beijing, China, on Dec. 22, 2008. (Xinhua/Pang Xinglei)Photo Gallery>>>
BEIJING, Dec. 22 (Xinhua) -- China announced plans
Monday to establish a social security number system for the welfare of its
The draft of the social insurance law was discussed
by the Standing Committee of the 11th National People's Congress, the country's
top legislature, on Monday.
The draft said China would establish a standard
social security number system across the nation by using each citizen's current
identification card number.
The social insurance fund will be categorized into
endowment insurance, medical insurance, insurance against injury at work,
unemployment insurance and childbirth insurance, the draft said.
Currently, China's social insurance fund is managed
by the Ministry of Human Resources and Social Security and its branches in
provinces, municipalities and autonomous regions.
According to the country's labor law, the funding of
endowment, medical and unemployment insurance is raised by both individuals and
their employers. Workplace injury and childbirth insurance have to be paid by
A series of social insurance fund embezzlement
scandals have been exposed in China since 1998. More than 16 billion yuan
(about2.3 billion U.S. dollars) was embezzled.
The new social insurance law's draft said any
individual or organization has a right to complain or report illegalities about
the social insurance fund. The measure is an endeavor to invite more supervision
of the citizen's basic security.
The draft also determined that a new type of rural
medical system, in which farmers and governments raise funds together, would be
included in the medical insurance.
Governments will cover medical insurance expenses for
citizens who live on low-income subsidies, have serious disabilities or are
older than 60 years, the draft said.