China’s pension system still pits the country's old against its young

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China Economic Review (22.06.2015) When China's State Council announced in January that civil servants would have to pay 8% of their salary into the country’s pension plan, it was something of a triumph after three-plus decades in which government employees enjoyed a free ride while private-sector employees faced a social security tax on their income that eventually grew to a staggering 28%.

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