This website uses cookies to improve your browsing experience. By continuing to use this website you agree to our use of cookies. For more information on our use of cookies, click here to review the Cookies Policy.。
To protect workers' interests, legislators are preparing to put forward draft amendments to the Labor Insurance Law, to extend participation in the labor insurance program and to relax the rules on calculating qualifying years for old-age benefits. The main points are as follows:
The amendment will require business entities employing four persons or less to enroll their employees in the labor insurance program. In other words, all employees in future will be covered by the program. Also, to encourage enterprises to employ part-time workers, only occupational injury insurance cover will be mandatory for part-timers.
A new Article 12, Paragraph 2 is proposed to provide that where an insured person had ceased to be insured for a period of two years before amendments to the law came into force on 21 February 1971, or had ceased to be in-sured for a period of six years before amendments to the law came into force on 5 February 1988, then previous periods of in-surance before the person ceased to be insured should be included in calculations of qualify-ing years of insurance. In line with this amendment, wording will be also added to Article 58, Paragraph 1 to provide that any person who has been insured for a total of 25 qualifying years and has reached the age of 55 years may claim old age benefit after retire-ment. In other words, all of a worker's insured years can be counted, instead of only years with a single employer as at present.