The place to ask China-related questions!
Beijing Shanghai Guangzhou Shenzhen Chengdu Xi'an Hangzhou Qingdao Dalian Suzhou Nanjing More Cities>>

Categories

Close
Welcome to eChinacities Answers! Please or register if you wish to join conversations or ask questions relating to life in China. For help, click here.
X

Verify email

Your verification code has been sent to:

Didn`t receive your code? Resend code

By continuing you agree to eChinacities's Privacy Policy .

Sign up with Google Sign up with Facebook
Sign up with Email Already have an account? .
anonymous
0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Q: Does any one knows what benefits you get after making the "pension contribution" as foreigners?

13 years 3 days ago in  Business & Jobs - China

 
Answers (1)
Comments (0)
Posts: 461

Shifu

0
0
You must be a registered user to vote!
You must be a registered user to vote!
0

Here are a data fact sheet from PWC China :
1) Foreigners participating in the social security scheme will receive social security cards and can enjoy benefits similar to those of local Chinese. For example, the number of years of pension contribution by foreigners can be aggregated if they return to work in mainland China again after their previous employment in mainland China. Foreigners are entitled to monthly pension payout after retirement if certain criteria (i.e. minimum contribution years) are satisfied, or the cumulative balance of individual social security account can be withdrawn upon written application for termination by the foreigners.
2) While it is indicated that foreigners participating in the Chinese social security scheme should be entitled to benefits similar to those enjoyed by local Chinese, The Provisional Measures do not elaborate on how foreigners could apply / enjoy the benefits except for
pension.

I don't know if the link will work or not and for how long. Anyway, I kept a copy of the document, so if someone needs it, just send me an email.

Source(s)
Report Abuse
13 years 3 days ago
 
Know the answer ?
Please or register to post answer.

Report Abuse

Security Code: * Enter the text diplayed in the box below
Image CAPTCHA
Enter the characters shown in the image.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <br> <p> <u>
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Textual smileys will be replaced with graphical ones.

More information about formatting options

Forward Question

Answer of the DayMORE >>
A: No, it's not allowed to work under RP at 2nd job! I'd say, Z visa
A:No, it's not allowed to work under RP at 2nd job! I'd say, Z visa/RP sponsor can have an objections to your part-time job. I did the same at my English teaching in China and elsewhere, butT ... I casually mentioned at my prime job, some kindergarten or another school asked me to work with them part-time. Then, my Q: "Is that permitted?" ...  Answer from RP sponsor was always "Yes, but you can't be late or miss the classes at our school ..." with my reply: "No, our work schedule has a priority, and I'll arrange classes at kindergarten only in my free time." When I cleared that, I was undertaking any extra teaching hours at other schools and private students in my free time.Sometimes, teachers at my prime job asked me if I'm willing to have some extra classes elsewhere.I accepted after the talk with School's principal. I suggest, you test the felling at your Z/RP sponsor and once you see they don't object, you can work at 2nd job. Keeping your 2nd job as a secret from your employer won't work, 'cause you're laowai and Chinese know exactly what you do in your free time. However, despite your employer's agreement for extra work, you are still in violation of Chinese Labour law, and even if your sponsor agrees to your extra work, you can still get in trouble, because it's clearly written (somewhere ... ) that under Z/WP, one can work only at the Z-sponsor and nowhere else. Penalties ... I'd say, there won't be any warnings and you'll be required to exit China in short Exit time.It never happened to me, so I can't really advice how is when manure hits the fan ...  -- icnif77