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my country will "buy pension insurance" for outstanding athletes! athletes can receive monthly benefits after reaching the age of 60

2024-09-19

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according to the china central radio and television economic voice "world finance" report, athlete protection is a realistic issue that has attracted much attention at home and abroad. on the 19th, the "excellent athletes lifetime protection public welfare project" initiated by the china sports foundation was released by the state sports general administration, creating a precedent for commercial insurance to provide athletes with lifelong pension protection. how will this project promote the development of my country's sports industry? what kind of protection will it provide for athletes?
press conference site
in order to further effectively solve the worries of athletes and promote the improvement of my country's competitive sports level, the "lifelong protection public welfare project for outstanding athletes" initiated by the china sports foundation will purchase "pension security funds" for 130 outstanding athletes who won the top three in the 2024 paris olympics. after the athletes reach the age of 60, they can receive a monthly living security fund.
wang weidong, chairman of the china sports foundation, introduced: "the implementation of this public welfare project is an innovative attempt by the china sports foundation to guide social forces to actively participate in public welfare and charity and to do a good job in protecting athletes in the new era. the standard is 6,000 yuan per month for athletes who win gold medals, 5,000 yuan per month for athletes who win silver medals, and 4,000 yuan per month for athletes who win bronze medals, until their death."
yang jiayu, the paris olympic games race walking champion, said that the "lifetime protection public welfare project for outstanding athletes" can solve the worries of athletes and help them devote themselves to training and competitions with a better mental outlook.
yang jiayu said: "it is not only a financial guarantee for us, but also shows the care and support of society and enterprises for our athletes. we athletes, especially after retirement, have to accept a new working environment and learn new things. such a project allows us to fully demonstrate a better self in the future environment."
paris olympic games race walking champion yang jiayu
paris olympic gymnastics champion liu yang feels the same way. he said: "it is more about supporting us in other careers besides training and after retirement. it also gives us more security for the future, allowing us to better devote ourselves to competition and training during our career as athletes."
china pacific insurance group is the underwriter of this project, and has pioneered the use of commercial insurance to provide lifelong pension security for athletes. fu fan, chairman of china pacific insurance group, said that in the past, some outstanding athletes would encounter various problems in employment and life after retirement. now, providing them with pension security in this way can motivate outstanding athletes to win glory for the country.
fu fan said: "it will attract more outstanding reserve talents to participate in competitive sports and continuously enhance china's influence in the world's top events. i think it is also of great significance. so we will actively participate."
a strong china is made up of strong sports, and a prosperous country is made up of prosperous sports. in recent years, my country's athlete protection work has been gradually improved, and a series of protection measures have been introduced at the policy level, including athlete disability mutual insurance, higher education subsidies, major disability medical subsidies, special hardship living subsidies, national care funds for old athletes and coaches, and retired athletes' employment and entrepreneurship support funds. an industry protection system of five insurances and one insurance has been established, covering more than 800,000 athletes and coaches across the country, so that the lives of most athletes are basically guaranteed.
zhou jinqiang, member of the party leadership group and deputy director of the general administration of sport of china, said: "the general administration of sport will continue to care about and support the development of sports public welfare forces, guide and encourage more willing and capable enterprises, social organizations and individuals to devote themselves to sports, and gather more powerful forces to realize the dream of becoming a sports power."
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