By Jin Jianyu Share
Beijing has yet to detail the regulations on how to include expatriates in China's social security system.
Foreign employees in China and local companies who employ expatriates will be asked to put into social security insurance, including the pensions, medical insurance, work injury insurance, unemployment insurance and maternity insurance. Deductions started October 15, according to a notice issued by the Ministry of Human Resources and Social Security on September 8.
All non-Chinese nationals legally working in China and paying the insurance could acquire a social security card issued by local authorities just as Chinese citizens have, the notice said.
Companies, units, foundations, firms and social groups registered in China will face a penalty if they did not cover the insurance for their foreign staff, the notice said.
"We have not yet stipulated the details of the regulation," said an employee from the public relations office of the Beijing Human Resources and Social Security Bureau who refused to identify herself.
She said the bureau will further illustrate the details of the regulation at an upcoming press conference, the date of which has not yet been set.
The South China Morning Post said, according to an authority in Beijing, the government may have to delay the regulation taxing expats while it develops a system to do so.
The source also said foreign workers might have to pay up to 11 percent of their monthly salary for the insurance, adding that citizens from Hong Kong Special Administration Region (SAR), Macao SAR and Taiwan Province are exempt from the new tax.
"I'd like to pay for the insurance as I can draw the money out when I retire," said Thierno Dious, a French man who works in Beijing.
Dious said that having a social security card makes him feel more like a citizen in China.
Employers in China are asked to register the names of their foreign employees for social security insurance within 30 days after preparing their work permit, according to the notice.
The personal inheritable insurance account of a foreign worker, who leaves China when they can draw their pensions at retirement, could be reopened and their premium payment years could be accumulated if they work in China again. They can also hand over a written application to terminate the deduction, the notice said.
Mo Ting contributed to this story
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Beijing has yet to detail the regulations on how to include expatriates in China's social security system.
Foreign employees in China and local companies who employ expatriates will be asked to put into social security insurance, including the pensions, medical insurance, work injury insurance, unemployment insurance and maternity insurance. Deductions started October 15, according to a notice issued by the Ministry of Human Resources and Social Security on September 8.
All non-Chinese nationals legally working in China and paying the insurance could acquire a social security card issued by local authorities just as Chinese citizens have, the notice said.
Companies, units, foundations, firms and social groups registered in China will face a penalty if they did not cover the insurance for their foreign staff, the notice said.
"We have not yet stipulated the details of the regulation," said an employee from the public relations office of the Beijing Human Resources and Social Security Bureau who refused to identify herself.
She said the bureau will further illustrate the details of the regulation at an upcoming press conference, the date of which has not yet been set.
The South China Morning Post said, according to an authority in Beijing, the government may have to delay the regulation taxing expats while it develops a system to do so.
The source also said foreign workers might have to pay up to 11 percent of their monthly salary for the insurance, adding that citizens from Hong Kong Special Administration Region (SAR), Macao SAR and Taiwan Province are exempt from the new tax.
"I'd like to pay for the insurance as I can draw the money out when I retire," said Thierno Dious, a French man who works in Beijing.
Dious said that having a social security card makes him feel more like a citizen in China.
Employers in China are asked to register the names of their foreign employees for social security insurance within 30 days after preparing their work permit, according to the notice.
The personal inheritable insurance account of a foreign worker, who leaves China when they can draw their pensions at retirement, could be reopened and their premium payment years could be accumulated if they work in China again. They can also hand over a written application to terminate the deduction, the notice said.
Mo Ting contributed to this story
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