Retired Workers at China’s Top Aircraft Firm Demand to Get Their Pensions; Senior Director Embezzled Over $100 Million

Retired Workers at China’s Top Aircraft Firm Demand to Get Their Pensions; Senior Director Embezzled Over $100 Million
A Chinese woman walks near a replica of a Chinese fighter jet displayed in Beijing on Nov. 27, 2019. Ng Han Guan/AP Photo
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Retired employees from China’s top aircraft company took to the streets to demand the authorities to help them reclaim their pensions and to protest against corruption. Netizens allege that the missing retirement funds could be linked to a senior director of the parent company who committed suicide last month after authorities suspected he embezzled a huge amount of money.

A video which was posted online on Jan. 8 and later obtained by Radio Free Asia (RFA) shows a group of people protesting in Xi’an City, Shaanxi Province. Some were seen holding up two banners. One of them read, “Say no to exploitation, say no to deception;” the other read, “We need pensions to feed ourselves.” Social media users and netizens claimed that the demonstrators are a group of retired employees of Xi'an Aircraft Industrial Corporation, and they were protesting because they have not yet received their pension payments, according to the RFA report.