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March 7, 2011

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State-corporate pension gap

ANYONE who does office chores in government departments (Ed: like a janitor) retires with more entitlements than two retired senior corporate engineers combined. That fact reflects a persistent huge gap in pension welfare between government units and business entities.

For more than a decade, I have received one letter of complaint after another.

Now is not the time to debate. Now is the time to act to close the gap.

Song Xiaowu, CPPCC member and director of the China Society of Economic Reform




 

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