Part one of term paper
E-mail: you_zhang@hotmail.com „h Major Characteristic of - Only applicable to Chinese local employees - Local requirements may vary from locality to locality. „h Structure of Social Security Scheme - Pension - Unemployment Insurance - Medical Insurance - Housing National Requirement - Pension „h ¡§Decisions of the State Council Con ...

Part two of term paper
... Enterprise Contribution - Maximum contribution of 20% of the total wages of the enterprises in general unless approved by Labour Bureau and Ministry of Finance. - For a foreign investment enterprise, the total wages only cover Chinese local employees¡¦ wages. - Among the 20% contribution: a. start at 7% of employee salary in 1997, to be gradually reduced to 3%, for contribution into the Basic Pension Individual Account b. 13% to 17% goes to Basic Pension Pooling Account „h Employee Contribut ...