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Nation to unify pension program

By He Dan and Hou Liqiang | China Daily | Updated: 2014-02-08 07:21

The central government announced on Friday it will unify the pension insurance system for rural and urban residents, which experts called a significant move toward promoting equality among citizens.

The central government decided to merge the set pension program for rural residents with the one for unemployed urbanites, according to the State Council's executive meeting presided over by Premier Li Keqiang.

Currently, there are separate pension programs for urban employees and civil servants in China.

Nation to unify pension program

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