ABSTRACT
With the migration of young people from the rural to the urban regions in China, the growth of the ageing population in the rural regions has been accelerating. Concurrently, since 2009, China has begun to implement a new rural social pension insurance scheme. Can the new rural social pension insurance adequately protect China’s rural elderly in times of population ageing? This paper analyses the benefits to the rural elderly under China’s new rural social pension insurance and finds that the insurance cannot adequately protect its rural elderly population. Further, the insurance scheme still has many problems that need to be resolved. China should revise its new rural social pension insurance to adapt to its ageing population.
