APPENDIX IV
Old Age, Invalidity and Survivors' Benefits under Social Insurance and Non-Contributory Benefit Schemes in Selected Countries of Asia
Part A
Old Age Benefits
Country
Qualifying Age
Qualifying Conditions
Benefit Rate or Formula
AUSTRALIA
65 (60 for a woman).
10 years continuous resi- dence. /1.
Maximum rates are:
CHINA (People's Republic)
IRAN
60 (55 for salar- ied women and 50 for other women) Or 55 and 45 if engaged in arduous work.
60 (55 women) or men with 20-25 years in unhealthy regions or occupa- tions or 30 years total work.
20 years (15 years for women) of work, including 5 continuous years.
10 years of contributions
married, $22.75 per person per week single, $26.00 per week
$5.00 per child
There are also supplementary payments.
12.
50% of average earnings, increased to 60% if 10- 14 years of continuous work, or 70% if 15 years of
more.
2.5% of average earnings during the last 2 years for each year of contributions.
JAPAN/3.
60 (55 for women and underground workers.
20 years of insurance.
The annual basic amount is 1,000 yen plus an additional amount of 1% of the average monthly standard remuneration multiplied by number of months of insurance. There are also dependants' supplements of 28,800 yen for spouse, 9,600 yen for first and second children, and 4,800 yen for each additional child.
14.
continued
38 -
Page 60Page 61