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October 29, 2010

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Social insurance law passed

A LONG-AWAITED social insurance law aimed at preventing the improper use of social security funds was adopted by China's top legislature yesterday.

This legislation, which had been reviewed by lawmakers four times in almost three years, was among a series of bills adopted at the end of a bimonthly session.

The bill was first submitted to the legislature in December, 2007, following a scandal in Shanghai involving 3.7 billion yuan (US$502.3 million) of social security funds.

The law is to take effect on July 1, 2011.

In a proposal made by the Communist Party of China Central Committee on formulating the country's 12th Five-Year Program (2011-2015) on National Economic and Social Development issued on Wednesday, the social security system is set to be improved.

The National People's Congress Standing Committee also voted to adopt the revised Organic Law of Villagers' Committees, regarding rural people having greater powers to remove villagers' committee members and to convene meetings to decide village affairs.

Also adopted were amendments to the Law on Deputies to the NPC and Local People's Congresses at Various Levels, which further specify the rights and duties of lawmakers.

Lawmakers also adopted a decision to appoint Vice President Xi Jinping as vice-chairman of the Central Military Commission of the People's Republic of China.

The lawmakers expelled Li Qihong, former deputy secretary of Zhongshan Municipal Committee of the Communist Party of China in southern Guangdong Province and former mayor of Zhongshan City, from the top legislature on suspicion of "seriously violating disciplines" concerning economic activities.




 

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