This statement is heartbreaking for seniors
Older persons who joined the workforce shortly after the founding of New China are covered by labor insurance in accordance with the regulations on labor insurance promulgated on February 26, 1951 by the State Council. The administration or employer of an enterprise that has implemented labor insurance in accordance with these regulations shall pay a monthly contribution equal to 3% of the total wages of all workers and employees of the enterprise as labor insurance premiums. This labor insurance contribution shall not be deducted from the wages of the workers and employees and shall not be collected separately from the workers and employees.
The value of the labor created by the older people who worked in the 1950s and 1960s through great hardship has resulted in the accumulation of enormous wealth, which is illustrated by the 156 large-scale projects alone, needless to say. The development and utilization of oil fields such as Daqing, the Lanzhou-Xinjiang Railway, the Chengdu-Kunming Railway, the "two bombs and one star" and other great achievements of socialist construction were all created by the sweat and hands of the elderly who worked in that period. And wages are meager, I joined the work in 1958, only 10 yuan per month, 18 yuan, 26 yuan, 33 yuan, 38.60 yuan in 1961. At that time, all the profits created by the workers to the state, the unit allocated a symbolic rent for housing, enjoy so many benefits.
It can be said that the monthly pension we receive as seniors is part of the value created by our decades of work. The reform of the national pension insurance system for enterprise employees in the 1990s, and the reason why the number of years of work is regarded as the number of years of contributions, is that the State recognizes that we have paid for the pension insurance, only that it is not deducted from the salary and charged separately.
The monthly pension we receive is not the state supporting us, but the wealth we created while working, enough to support us not only until we die, but for the next generation or two.
When we retire, it appears that we don't contribute to the pension insurance, but in fact we do and receive a pension. As if the people who did not retire and contribute to the pension insurance have supported us, saying that we are so heartbroken. It's not even close. We've been supporting several generations of people, and we're saying they've been supporting us, so how can it not be heartbreaking?
In fact, although our pension is very low, but can be received every month, coupled with the state of the enterprise pension 16 years in a row, in addition to their own daily life, scrimping and saving, but also can support the livelihood of laid-off unemployed children, sponsoring children for grandchildren grandchildren to go to college, to assist their children to contribute to the old age pension insurance, residents' medical insurance. Some of them help their children to buy a house, and are willing to eat old age.
We have a pension, and we will rely on ourselves for our future retirement, not counting on our children or relying on anything else.
Who is supporting whom? The argument that six young people support one old person is purely putting the cart before the horse.

Only a few of the world's old people of any period of time are supported by the young. A person's life consists of inheriting from the previous generation (parents and grandparents), earning money from work, investing money, raising the next generation, and supporting one's parents and grandparents. The state has to collect a certain amount of money from their income for public use and for them to prepare for their old age, and they are also a kind of investment and reserve to raise a child. Therefore, to summarize the life of a person, most people support themselves, only a few people survive with the help of external forces. When you are young, it is the adults who feed you, which is a debt. When you are an adult, of course, you have to repay the debt, and then you have to raise a child to accumulate capital for yourself when you are old. A person's life is a debt, earn money, debt repayment return, investment, collect return, a few people are net overdraft. So in the abstract from society as a whole, the argument that a few young people are supporting an elderly person, the argument that a young person is supporting an elderly person, and the argument that a young person is supporting a few elderly people are all untenable. The old people of the past are not supported by the old people of the present, the old people of the present are not supported by the young people of the present, and the young people of the present are not supported by the young people of the future. Of course, this is said in the abstract from the macro level of society as a whole and does not refer to the micro level.

Now the retirees are 50 years 60 years of people, they work when the state-run enterprises, monthly wages from 18 dollars to 30 dollars to 30 dollars have to be used for three years, to 40 dollars is still a few years, why work so little? It is to pay the labor insurance, all the benefits are given by the state, including housing, health care, in fact, the pension has been arranged, why use the young people to support?

Later, reform and opening up, the share of the house on the share, did not get a share of the no, in fact, the state still owes the account it, institutions in 2000 or so to no room for more than 100,000 employees, enterprise employees did not, why? I don't know.

China's elderly two extremes, six to raise an old are wanting to old end looking forward to inheritance ...... the other extreme is living alone in the orphan, the end of no support ...... now out of poverty those pairs like the old no support group... ...

The retirement pension for the elderly is a part of the monthly labor remuneration from each year of participation in the workforce that is pooled and contributed to the labor insurance bond. Nowadays, when they reach the legal age of retirement, they can enjoy this part of the funds. So it's a big pie between the fingers - eat your own, there is no question of six young people supporting one old person. Therefore, it is not clear how the pension scheme is coordinated. Young people nowadays pay pensions to prepare themselves for a happy old age, and it has nothing to do with the old people nowadays receiving pensions. If we have to say that there is a relationship, it is that the funds can be raised from each other, and that is all.

Let the facts speak for themselves:When we were young, we worked thirteen hours more per week than we do now, and there were only one legal holiday per year, one on May Day, one on the National Day, one on New Year's Day, and three on the Chinese New Year. There are no paid public vacations throughout the year. Maternity leave is only fifty-six days. By the working hours, we can be said to be hard enough.

In terms of compensation, I started with a salary of 54 dollars after graduating from teacher's college, and I have been earning it for more than ten years, and when I had hopes of getting a raise, I was still lined up according to the percentage of my salary. The first ten years, annual income of a few hundred dollars, the second ten years annual income of thousands of dollars, the third ten years, annual income of ten thousand dollars. When I retired, my monthly pension was $2,680. I worked for thirty-seven years. My colleague, a graduate of Guiyang Normal University, a graduate of Tsinghua University, retired in 95 years, husband and wife more than thirty years of income totaling more than 110,000 yuan, is the income, not savings. She was a math major and kept her paycheck stubs from the first month she received her paycheck, and that figure is accurate.

May I ask whether we have suffered a loss in this life? We have never been able to afford a commercial house in our lives, and in our old age we are still living in a welfare house of 56 square meters, which is more than 40 years old and was allocated to us by our unit.

These figures are based on, in all fairness, who feeds us? Is it the young people?

We are the ones who have dedicated ourselves to society. We are also the national training out of the university students, our work ability attitude are not bad, decades rarely ever sick leave and vacation, not to mention the arbitrary resignation of jumping ship, because at that time there is no individual career one said. A lifetime in a post conscientious and dedicated to do a thing to the best of their ability ...... We are incompetent? We don't work hard? We are not dedicated? We don't love our work? The world's hardest working, most frugal, most durable, most hardworking, most dedicated, most patriotic generation is us? May I ask, do we need to be pensioned off by anyone? --The country! Because we have selflessly devoted decades of our best youth and our intelligence and health to our country.4 Who has ever given us social security for our old age? --The state! We love our country, and our country provides us with a guarantee for our old age.

Please do not public opinion mislead young people, it is our generations of unremitting efforts to struggle, only to have them today in all aspects of the survival of the employment and entrepreneurship conditions than our generation is happier, the young people should be grateful to their predecessors, rather than blindly think that the young people to support the elderly. If the heart is fair, there is no imbalance in the heart. Don't listen to lies, a society has the old to have the young, harmony is the hard truth of happy development.

To repeat, the pension for retirees is the residual value created by retirees after enjoying their youth, which is due from the State and has nothing to do with the pension paid by you young people.

This argument is absurd, older people do not have young? Is it possible that a change of person is an older person, who is not from childhood to old age, these experiences everyone has, and the reality is that there are too many people who eat the financial meal, used in this category of people is the most appropriate to be true! Why do you want to reverse the question?

Even in the family, I have not seen any old people rely on six young people to support, only to see six or seven +, but also in the help of the rib children with grandchildren, send and receive children to kindergarten, school, tube lunch menu, to help them buy a house, sell a car, go to college. I agree with the view that it is a false proposition to say that six young people can support one elderly person! There are occasional special cases in the world, but they are not universal.

Don't young people complain every day that older people are paid too much? With whom to maintain? They have money to spend on themselves, people did not contribute to the construction of the motherland back then so what? It's the whole world. You'll have that when you're old.