China raises the compensation rate of work-related injury insurance
China has raised the compensation to be paid through work-related injury insurance during a regular meeting of the State Council chaired by Premier Wen Jiabao on Wednesday.
Regulation on Work-related Injury Insurance and the measures for the control of invoices were revised at the Wednesday meeting.
According to the revision, the compensation to families of those who die from work-related injuries has been raised to 20 times the per capita disposable annual income in urban areas. For work-related disability, the compensation rose by one to three months of salaries of the insured employee.
The revision has also widened applications of the regulation. Previously, only enterprises and small business employers were obliged to pay the premium, but now public institutions, social groups, non-profit grass-root organizations, foundations, law firms and accounting firms will also provide their employees with work-related injury insurance.
The revised measures on management of invoices calls for strict punishments to those engaged in producing, selling and using fake invoices.