China’s population is aging at an alarmingly fast rate.
Some 123 million of the country’s 1.4 billion people are over age 65, and a projected 330 million will reach old age by 2050. The need for additional services to care for the elderly in China, like everywhere, is a growing concern. To ease the increasing burden of elder care, China instated a pension program for rural residents, the New Rural Pension Scheme (NRPS). Begun in 2009, it is now the world’s largest pension system.