Thread: China Expats - Social Insurance Law July 2011

A new social insurance law will apply to expat employees in China for the first time from July 1. The provision was brought to the attention of the 600,000 foreigners working in China by the state media on Tuesday.

The new policy entitles all employees to basic endowment, medical, work injury, unemployment and maternity insurance.
In reality, the ‘benefits’ of this policy will not be felt by most foreigners. For example, people will only be entitled to pensions having paid into them for 15 years- far longer than most stay. What happens if you leave before 15 years is unclear. I suspect the law is good news for locally hired foreigners working for Chinese companies, but people working for foreign companies- both locally hired and parachuted in- already receive better benefits. What this rule will do, if it becomes mandatory- and this is also unclear- is ultimately increase the cost of employing people and make bosses have to cut the benefits in expat packages.

I have an article about this!

The Article

Is that an "I" as in you own the blog/article or that you have found one? Sorry, I am a dumb blonde

Originally Posted by Ktee

Is that an "I" as in you own the blog/article or that you have found one? Sorry, I am a dumb blonde

Found one. Sorry. I was being a unclear non-blonde.
Found it a while back. Been in the bookmarks list for when I was thinking about moving to China.

Ahh now I understand (I think)