- Professional News
- 11 November 2011
New Chinese Social Security Law
The Social Security Law of the People's Republic of China, which came into effect on 1 July 2011, permits, among other things, the participation of foreign nationals in the Chinese social security system.
Prior to the law's promulgation, local practices regarding social security contributions by foreign nationals varied and were determined by provincial rules and regulations. The new law provides that Chinese and foreign nationals alike, are entitled to pension benefits and to coverage under their employer's obligatory medical, unemployment, work-related injury and maternity insurances. Chinese and foreign nationals are obliged to contribute to their employer's pension scheme, medical insurance and unemployment insurance.