On 13 September 2024, the Standing Committee of the 14th National People's Congress adopted the Decision of the Standing Committee of the National People's Congress on Implementing the Gradual Raising of the Statutory Retirement Age (the "Decision"), marking the start of China's gradual retirement-age reform and the extension of social insurance contribution periods. Effective from 1 September 2025, the Interpretation (II) of the Supreme People's Court on Issues Concerning the Application of Law in the Trial of Labour Dispute Cases (SPC Interpretation No. 12 [2025]) further clarified that agreements under which employees waive their statutory social insurance rights are invalid, reinforcing employers' compliance obligations.
In addition, the Interim Provisions on Protecting the Basic Rights and Interests of Over-age Workers, which took effect nationwide on 1 July 2026, establish a new framework for managing retired and over-age workers. The 15th Five-Year Plan for the Development of Human Resources and Social Security (2026-2030), released in July 2026, also highlights stronger social insurance enforcement, enhanced supervision of social security funds, and greater employer accountability.
Against a backdrop of rising labour costs and increasing regulatory scrutiny, businesses must navigate evolving requirements relating to social insurance compliance, delayed retirement and workforce management.
This programme explores the latest developments in social insurance, the Housing Provident Fund and Individual Income Tax (IIT), helping organisations strengthen compliance, mitigate employment risks and optimise labour costs.
Key Topics 1. Understanding China's Social Insurance and Housing Provident Fund Systems • Fundamental concepts of the social insurance and housing provident fund systems • Key functions, benefits and practical applications 2. Major Implications of Recent Policy Developments • Impact of the Decision on delayed retirement and extended pension contribution requirements • Key social insurance implications arising from the SPC's Labour Dispute Interpretation (II) • Implications of the Interim Provisions on Protecting the Basic Rights and Interests of Over-age Workers for employers • Social security enforcement and compliance trends under the 15th Five-Year Plan 3. In-depth Review of Work-related Injury and Maternity Insurance Schemes • Practical approaches to preventing and mitigating employment-related risks 4. Legal Consequences of Non-compliance with Social Insurance and Housing Provident Fund Requirements • Potential liabilities and effective risk mitigation strategies 5. Leveraging Social Insurance, Housing Provident Fund and Individual Income Tax Arrangements to Optimise Employment Costs, including: • Optimising remuneration structures • Reviewing employment models • Enhancing engagement and cooperation arrangements
Target Audience This course is suitable for business owners, senior executives, and HR, finance, accounting, legal and compliance professionals responsible for workforce management and compliance matters in Mainland China, as well as anyone interested in the latest developments in social insurance, the housing provident fund and individual income tax systems.
This workshop will be conducted in Cantonese. Please refer to the Chinese version for details.
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