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In 2000, a pensioner revolt forced the chancellor to promise real increases in the basic pension for two years.
The government's minimum income guarantee of £78.45 a week is currently nearly £11 higher than the basic pension for a single person.Targeting resources in this way is much more efficient than simply restoring the basic pension's link to earnings.
The basic pension for rural residents living in the two places also shows the gap: in Yanqing, it is RMB 350 per month, in Chicheng it is RMB 55.
The basic pension for enterprise retirees in the disaster areas should be paid.
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They include a new non-contributory basic pension of around $90 a month for the elderly who lack other provision, a state-run child-care programme, and more scholarships for poor students wanting a university education.
Modelled on New Zealand's approach, this "citizen's pension" would eliminate the disincentives to save created by the pension credit and provide a platform for voluntary retirement saving.But although this reform has been backed by the NAPF, it has not convinced the commission, partly because the basic pension would for many people in employment be very basic indeed.
The losses mean that after not having to contribute any money to the pension fund to cover their employees' basic pension plans for the past three years, some local and county governments are going to have to begin paying into the system again.
Is there anyone running for office out there who thinks we should abolish Social Security and Medicare, should end the government "takeover" of basic medical care and basic pension benefits for the seniors among us?
However much the experts may insist that the basic pension is paid for by current taxation, pensioners see it as a return on their national-insurance contributions and the continuing real freeze in its value as an affront.Despite its conference defeat at the hands of the unions, the Labour Party is resolved not to restore the earnings link.
Less stringent rules for qualifying for the basic pension will help women, many of whom do not make enough contributions during their working lives to claim the full amount, usually because of taking time off to raise children.The new system will be funded in part by the early abolition of the state second pension, an earnings-related scheme.
The new scheme is modelled on America's Pension Benefit Guaranty Corporation (PBGC), a quasi-governmental agency set up 30 years ago which insures basic pensions provisions for about 44m American workers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com