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Statistical Communiqué on Labor and Social Security Development in 2008

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The revenue of basic pension insurance fund topped 974.0 billion yuan, up by 24.3 percent. Of which, revenue collection totaled 801.6 billion yuan, grew 23.4 percent year-on-year. Financial subsidies at all levels of basic pension insurance fund stood at 143.7 billion yuan. The total expenses of fund topped 739.0 billion yuan, up by 23.9 percent year-on-year. The accumulated basic pension insurance fund at year-end accounted for 993.1 billion yuan.

There were 13 pilot provinces and municipalities such as Liaoning, Jilin, Heilongjiang, Tianjin, Shanxi, Shanghai, Jiangsu, Zhejiang, Shandong, Henan, Hubei, Hunan, and Xinjiang gained the accumulative basic pension insurance personal accounts fund amounted more than 110.0 billion yuan. There were 18 provinces, municipalities and the Xinjiang Production and Construction Corps have been published provincial old-age insurance co-ordination system. In the following provinces and municipalities, such as: Shanxi, Shanghai, Zhejiang, Guangdong, and Chongqing carried out the preparations for old-age insurance system reform.

Totaled 33 thousand enterprises established enterprise annuities at the year-end, which covered 103.8 million employees. The accumulated balance of enterprises annuities at year-end stood at 191.1 billion yuan.

The number of persons participated in rural basic pension insurance at the year-end valued at 55.95 million, increased 4.24 million persons year-on-year. The number of peasants received the pensions topped 5.12 million, grew 1.20 million persons year-on-year. The pension insurance expenses amounted to 5,680 million yuan, a year-on-year increase of 42 percent. The accumulated basic pension insurance fund balance in rural area totaled 49.9 billion yuan. There were 1201 counties and cities in 27 provinces and municipalities have been carried out the work on social security of farmers whose land has been expropriated, 13.24 million farmers involved in the basic livelihood or the old-age security system.

(II) Medical Care Insurance

Population covered in basic medical care insurance in urban areas accounted for 318.22 million, expanded 95.11 million persons, year-on-year. Of which, employees in urban areas stood at 199.96 million, came up 19.76 million persons year-on-year; that of urban residents grew to 118.26 million, rose 75.35 million persons year-on-year. In the number of participants in basic medical care insurance, participated employees and retirees topped 149.88 and 50.08 million, went up 15.68 and 4.08 million persons respectively. The migrant workers participated in medical care insurance arrived at 42.66 million, a year-on-year increase of 11.35 million persons year-on-year.

The total revenue and expenses of urban basic medical care insurance fund stood at 304.0 and 208.4 billion yuan, climbed 34.7 and 33.4 percent respectively, year-on-year. The accumulative balance of urban basic medical care insurance fund stood at 343.2 billion yuan, of the total, co-ordination fund and personal accounts respectively arrived at 229.0 and 114.2 billion yuan.

(III) Unemployment Insurance

Population covered in the unemployment insurance at the year-end hit 124.00 million, increased 7.55 million persons year-on-year. Of the total, the participated migrant workers grew to 15.49 million persons, a year-on-year increase of 3.99 million persons. The number of beneficiaries from unemployment insurance valued at 2.61 million persons, declined 250 thousand persons year-on-year. A total of 930 thousand contract migrant workers got one-off living allowance whose labor contract have not renewed or premature terminated the labor contracts.

The revenue and expenses of unemployment insurance fund reached 58.5 and 25.4 billion yuan, came up by 24.0 and 16.5 percent, year-on-year. The accumulated balance of unemployment insurance fund at the year-end valued at 131.0 billion yuan.

(IV) Work Injury Insurance

Total number of population participated in work injury insurance at year-end arrived at 137.87 million persons, grew by 16.14 million persons year-on-year. Of which, migrant workers covered in work injury insurance totaled 49.42 million persons, with an increase of 9.62 million persons year-on-year. A total of 950 thousand persons affirmed as work injury, a year-on-year increase of 190 thousand persons. Assessment of disability levels amounted to 380 thousand persons, came up 20 thousand persons. Totaled 1.18 million persons gained benefits from work injury insurance, topped 220 thousand persons year-on-year.

The accumulative income and expenses of work injury insurance fund accounted for 21.7 and 12.7 billion yuan, expanding by 30.9 and 44.4 percent respectively. At the end of 2008, the balance of work injury insurance fund stood at 33.5 billion yuan, and reserve fund topped 5.0 billion yuan.

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