Pension Security Level of Urban Employees in China Based on CHIPs

Table 1

Descriptive statistics of data (unit: yuan, sample size: piece).

Year	Variable	Mean	Median	Minimum	Maximum	Sample size
1988	Pension	1188	1090	36	4566	2131
	Wages (nonprivate)	1404	1298	126	21002	9134
	Wages (nonprivate + private)	1332	1198	126	21002	15418
	Wages (insured employee)	1403	1298	126	21002	9541
1995	Pension	4575	4093	100	21980	2562
	Wages (nonprivate)	6019	5476	100	55407	9199
	Wages (nonprivate + private)	5807	5252	100	55407	10952
	Wages (insured employee)	5937	5300	100	55407	9581
2002	Pension	8104	7000	100	64355	3228
	Wages (nonprivate)	12735	11435	120	144530	6518
	Wages (nonprivate + private)	11894	10422	100	144530	8461
	Wages (insured employee)	12522	11059	100	144530	7205
2007	Pension	14901	12989	100	75320	5568
	Wages (nonprivate)	24997	20075	282	271623	11526
	Wages (nonprivate + private)	23683	18900	200	271623	13235
	Wages (insured employee)	24640	19742	282	271623	12185
2013	Pension	22847	18754	120	126680	4555
	Wages (nonprivate)	49600	41904	240	800000	4243
	Wages (nonprivate + private)	44673	36313	198	1170000	7296
	Wages (insured employee)	48578	40000	240	1170000	5293
2018	Pension	37156	34786	150	211882	3961
	Wages (nonprivate)	77758	67283	156	1117000	4878
	Wages (nonprivate + private)	71039	57831	156	1117000	9046
	Wages (insured employee)	75544	62645	156	1117000	6334

Source: authors’ calculations by using CHIPs data.