Retirees' pensions get a hike
By Chen Xin | China Daily | Updated: 2013-01-10 07:13
The State Council announced on Wednesday it will raise the pensions of retired enterprise employees this year.
It is the ninth consecutive year China has raised pensions for the group.
The State Council decided at an executive meeting presided over by Premier Wen Jiabao to raise the retired enterprise employees' pension by 10 percent from the 2012 level, or about 170 yuan ($27.30) per person per month, on Jan 1.
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