Social Insurance Coverage in Urban China. John Giles Dewen Wang



Similar documents
Pension schemes are integral parts of China s social protection system

Data analysis of informal employment in China and India. Xizhe Peng, Yaowu Wu, Jeemol Unni

China. Old Age, Disability, and Survivors. China. Exchange rate: US$1.00 = 6.78 yuan. Regulatory Framework. Coverage. Qualifying Conditions

Consumption Structure Evolutions in an Aging Society and Implications for the Social Security System

China's Social Security Pension System and its Reform

Pension Reform and Implicit Pension Debt in China

LITHUANIAN PENSION SCHEMES

An Impact Evaluation of China s Urban Resident Basic Medical Insurance on Health Care Utilization and Expenditure

Insurance Markets in China 1

Evolution of informal employment in the Dominican Republic

DEMOGRAPHICS AND MACROECONOMICS

INDONESIA: PROVIDING HEALTH INSURANCE FOR THE POOR

Harmonization of Health Insurance Schemes in China

The Interaction of Workforce Development Programs and Unemployment Compensation by Individuals with Disabilities in Washington State

Development of Health Insurance Scheme for the Rural Population in China

Pricing Private Health Insurance Products in China. Chen Tao

International Labor Comparisons

Review of Unemployment Protection in the Philippines. Sharon Faye A. Piza and Michael del Mundo

G20 EMPLOYMENT WORKING GROUP COUNTRY SELF-REPORTING TEMPLATE ON IMPLEMENTATION OF G20 EMPLOYMENT PLANS

How To Buy Employee Benefits In Indonesia

Long Term Care in China: Rural Challenges and Urban Reforms. Bei Lu

China s Urban and Rural Old Age Security System: Challenges and Options

Market Update from Associated Insurance Consultants - UAE

Answers to the Questionnaire on the Supervisory Structures for Pension Funds

PENSIONS AT A GLANCE 2009: RETIREMENT INCOME SYSTEMS IN OECD COUNTRIES UNITED STATES

The Evolution and Future of Social Security in Africa: An Actuarial Perspective

HSRA2011 The Impacts of Health Insurance on Health Care Utilization Among the Elderly in China

Pension Reform in China: Its Progress and Challenges

Working Beyond Retirement-Age

Summary. Developing with Jobs

Employment policy in Hungary with special regards to the problems of. unemployment

Denmark. Qualifying conditions. Benefit calculation. Basic. Targeted. Key indicators. Denmark: Pension system in 2012

Hai Fang, PhD Professor China Center for Health Development Studies Peking University

Colombia. Old Age, Disability, and Survivors. Regulatory Framework. Qualifying Conditions. Coverage. Source of Funds. Colombia

First draft, please do not quote

Summary of Social Security and Private Employee Benefits CHINA

Old-age Pensions in India and China - Issues and Prospects

THE PENSION SYSTEM IN ROMANIA

DEMOGRAPHICS AND MACROECONOMICS

ILO-RAS/NET/Vanuatu/R.2. Vanuatu. Report on the implementation of the Health Insurance Scheme in Vanuatu

An update on the level and distribution of retirement savings

An explanation of social assistance, pension schemes, insurance schemes and similar concepts

China Human Resource Environment

For more information, please visit our website or call us today.

Women s Participation in Education and the Workforce. Council of Economic Advisers

The Analysis of the Structure of Social Security System of China

How To Understand The Economic And Social Costs Of Living In Australia

Social assistance: 2% of covered payroll. Government. Social insurance: None; contributes as an employer. Social assistance: Any deficit.

UI Online Claimant User Guide. Requesting Weekly Benefits

CLOSING THE COVERAGE GAP. Robert Palacios, World Bank Pension Core Course March 2014

National Insurance credits and the single-tier pension

Investigating Superannuation: Quantitative Investigation with Superannuation Consumers Final Quantitative Report

INTERNATIONAL COMPARISONS OF HOURLY COMPENSATION COSTS

Life Insurance Market Report - India

Health Financing in Vietnam: Policy development and impacts

Nursing Homes in China: Now and the Future

Executive summary. Global Wage Report 2014 / 15 Wages and income inequality

Summary of Social Security and Private Employee Benefits URUGUAY

IOPS Member country or territory pension system profile: TRINIDAD AND TOBAGO. Update as of 15 February 2013

Summary of Social Security and Private Employee Benefits MEXICO

Social Protection in ASEAN Policy gaps and common challenges. Cheng Boon Ong 17 November 2014, Bangkok

Research on Perfecting the Rural Social Endowment Insurance System in Yangtze River Delta

Access to meaningful, rewarding and safe employment is available to all.

Income Replacement Adequacy in the Texas Workers Compensation System

Korea, South. Old Age, Disability, and Survivors. Korea, South. Exchange rate: US$1.00 equals won. Qualifying Conditions. Regulatory Framework

Unemployment: Causes and its Economics Outcomes during Recent Years in Afghanistan

Social Security Programs Throughout the World: The Americas, 2007

2. THE ECONOMIC BENEFITS OF EDUCATION

Transcription:

Social Insurance Coverage in Urban China John Giles Dewen Wang

Overview Social insurance schemes in Urban China Trends in social insurance coverage Regional variation Micro evidence of social insurance coverage Understanding patterns from different data sources Issues involved in expanding coverage Conclusion

Motivation Policy goals Extending social insurance coverage is an important current policy priority of the Chinese government A full coverage goal is set to provide basic social security to cover all people by 2020 But, challenges remain when extending social insurance schemes to informal sectors and informal employees. Document patterns in social insurance coverage, and as the work progresses, and aim to explain both provision and take up of insurance

Social Insurance Schemes in Urban China Schemes Employer Contribution Employee Contribution Pension insurance <= 20 percent of payroll <=8 percent of monthly wage Unemployment insurance 2 percent of payroll 1 percent of monthly wage Medical insurance 6 percent of payroll 2 percent of monthly wage Work injury insurance Average about 1 percent of payroll No employee contribution Maternity insurance Not more than 1 percent of payroll No employee contribution Total 30 percent of payroll 13 percent of monthly wage

Recipients of Social Insurance Schemes Registration/Workers Pension Unemployment insurance Medical Insurance Urban enterprises SOEs M M M Collective M M M Foreign and SAR funded enterprises M M M Private enterprises M M M Other enterprises M M M Public institutions M/PAGO M M Government agencies PAGO M Social organizations PAGO M Private non enterprise units V V Self employed V V Flexible urban employment workers V V Rural migrant workers V O V

Pension Insurance Coverage 80 70 60 50 40 30 20 Coverage Rate of Pension Insurance (%) 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Definition One Definition Two

Medical Insurance Coverage 60 50 40 30 20 10 0 Coverage rates of medical insurance (%) 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Definition one Definition two

Urban Resident Basic Medical Insurance Scheme 200 180 160 140 120 100 80 60 40 Number (million) Coverage rate (%) 2007 2008 2009 70 60 50 40 30 20 Number of urban residents participated in basic medical insurance (million) Coverage rate (%) 10

Rural Migrant Workers in Urban Social Insurance Schemes (%) Year Pension Insurance Medical insurance Unemployment Insurance 2006 15.0 25.0 2007 17.6 29.8 11.0 2008 18.0 31.8 11.6 2009 18.7 30.6 11.6

Regional Coverage Variation-by Scheme 40 60 80 100 120 PI (%) 40 60 80 100 UI (%) 20 40 60 80 100 120 MI (%) 2000 2002 2004 2006 2008 2000 2002 2004 2006 2008 2000 2002 2004 2006 2008

Regional Coverage Variation-by Per Capita GDP in Logarithm Form 40 60 80 100 120 PI (%) 40 60 80 100 UI (%) 20 40 60 80 100 120 MI (%) 8 9 10 11 log (Per Capita GDP) 8 9 10 11 log (Per Capita GDP) 8 9 10 11 log (Per Capita GDP)

Micro Evidence Who is currently excluded? How does participation vary by age, gender, educational attainment and migrant status? Gender differences are not obvious among those employed in firms. As one might expect, there is less gap between migrants and urban residents at higher levels of educational attainment. Not surprisingly follows patterns of informal employment.

In 2005 Low Participation in Pension Programs by Migrants Populations and Gender Differences CULS 2005

Expanded Participation by Migrants as of 2010, but Gap is Still Significant CULS 2010

What Actual Support is Received by Those who are Out of Work? We do not separate those who are unemployed from out of the labor force. Working age population, age 16-60, includes many women who have retired as early as 50 and are collecting pensions. UI receipt is more important for men, as women tend to exit from the labor force at a younger age.

Social Insurance Support Received Among Locals Out of Work

Social Insurance Received by Out of Work Migrants

Early Retirement of Urban Women Allows for Much More Pension Support of Women Out of Work Share of Non-Working with Support Local Men Share 0.2.4.6.8 2006 2007 2008 2009 2010 Year Pension UI

Declining Replacement Rates of Pension Benefits in Urban China 110 100 90 80 70 60 50 40 Replacement rates (%) 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Enterprise Employees PSU+GOV

Over the Crisis Period, Some Decline in Share of Urban Residents Registered as Unemployed Who Receive Benefits

UI Benefits Have Kept Rising, But the Replacement of Average Wage Has Declined 6000 5000 UI benefit level (Yuan/Year) Proportion of average wage (%) 30 25 4000 3000 2000 1000 5 20 15 10 0 0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 UI benefit level Proportion of avarage wage

Roadmap toward A Full Coverage Institutional reform Scaling-up urban resident medical insurance scheme to cover all urban residents Piloting and rolling out urban resident pension scheme to cover all urban residents Reforming urban employee pension scheme and encouraging rural migrants 'participation Extending UI to rural migrant workers Pooling and integration of MIS and service delivery Implementation and enforcement of labor contract law and labor promotion law Supporting reform measures Hukou reform, fiscal system reform and statistical reform

Conclusions Considerable Progress in Raising Coverage Rates for Pensions and Health Insurance for the Urban Population Support Actually Received by Migrants Out of Work is Still Quite Low. To Expand further Social Insurance Coverage in Urban Areas: We need to understand voluntary take-up decision of selfemployed and those in small scale enterprises Understand compliance among employers and employees alike

Approach to China-India Comparison Start with mapping out the similarities and differences in arrangements for social protection programs for public and formal sector employees in China and India Highlight differences and similarities in approaches to covering informal sector and informal workers Describe and compare patterns of patterns of participations by different groups of workers, and patterns of benefit receipt.