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Follow-up Seminar: The Social Insurance Law for Foreigners

BritCham / CBBC
Event type Breakfast Seminar
Date Wednesday, October 12th, 2011
Time 08:30 -10:30am
Open for All welcome
Cost Members 200 RMB Non-Members 400 RMB
Pay method Pay on the door
Contacts hayley.thomas@britishchamber.cn
Venue The Westin Beijing Chaoyang
Organiser External
Address No.7 east third ring road north road, Chaoyang District, Beijing
金茂北京威斯汀大饭店北京市朝阳区东三环北路7号Tel: 010-59228617
 
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Due to popular demand, we are arranging an additional information sharing session for our members on the soon to be implemented Social Insurance Law. This breakfast seminar will be co-hosted with the Benelux and French Chambers of Commerce and aims to clarify some of the ambiguity which surrounds the upcoming legislation.

China’s new Social Insurance Law came into effect in July 2011, and received much attention because of Article 97 which requires expatriates to participate in the country’s Social Security Scheme. From the 15th October 2011, all foreign nationals and their employers are required to make contributions to the following: basic pension insurance for employees; basic medical insurance for employees; work-related injury insurance; unemployment insurance; and maternity insurance.

During this breakfast, we will be joined by social security experts Dr. Wang Xiaojun and Warren Zhao who will be able to provide clarifications and answer a range of questions about the new legislation, including:

  • What clarifies you as a foreign worker? 
  • Who will be liable for payment of contributions, and how will the payment be handled?
  • How can foreign companies and individuals ensure they comply with the new regulations?
  • What rights do foreigners have and can they claim back any of their social insurance payments when they leave China?
  • What implications will this have on the future for foreigners working in China?

For more background about the Social Security Law and to Read the Interim Measures click here.

Speaker Biographies

Dr Wang Xiaojun
Dr Wang is an expert in the field of Social Security and has worked as a Professor at Remin University since 1993. She has published extensively on the subject of social Security and her areas of interest include: life contingency; risk analysis and actual valuation for China’s pension plan; social security; and China’s ageing population.

Warren Zhao
Warren is a Principal Consultant for Retirement Actuarial Practice of Deloitte, Beijing and has over 8 years experience working in the area of employee benefits. He joined Deloitte in June 2011 after spending over eight years at the consultancy Watson Wyatt.

 

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