Social Insurance Law has entered the legislative process

Human resources and social security Yin Weimin, Minister in recent days to attend the China Social Security Forum in the third annual meeting revealed that at present, social security law has entered the legislative process, the NPC Standing Committee, after extensive consultations with the views of all sectors of society.



Yin Weimin said that as a social security through national legislation to enforce social and economic systems, good laws and regulations as a guarantee.



China's labor law to establish a preliminary social insurance system, the new model, but in the social insurance is still a lack of special laws. Encountered in the actual work of the many contradictions and problems with the legal system and law enforcement related to the imperfect system, there is an urgent need to mature up to the legal practice experience, and enhance the mandatory social security, stability and authority.



Yin Weimin said that the current focus is to accelerate the pace of the Social Security Act legislation. At the same time, also need to look at the development of basic old-age insurance, annuity business regulations, social security fund supervision and management regulations, and other laws and regulations, establish a sound social security system of law.