The video shows large crowds at social security offices across China, highlighting a surge in social security contribution withdrawals. This follows ongoing government adjustments to social security policies and the delayed retirement age. China’s social security system provides mandatory financial support for citizens in cases of retirement, illness, unemployment, work-related injuries, and childbirth, with contributions from both employers and employees. But many are now questioning whether continuing contributions is worthwhile.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join
#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co