Chinese living only on retirement pensions generally feel insecure, according to the China Youth Daily. 

A total of 4,736 respondents to an Internet survey jointly conducted by the China Youth Daily and Sohu.com said over 90 percent of people worry about their living standards after retirement and 57 percent think they should earn extra money to secure a better retirement, and 37 percent believe their living standards will deteriorate, the paper said on Monday. 

Four percent still hold the traditional view that raising children helps in old age and 35 percent think their life can be guaranteed as long as they pay the endowment insurance monthly, the survey said. 

China's Minister of Labor and Social Security Tian Chengping unveiled a new blue print of endowment insurance earlier, which made Chinese retirement a public topic, according to the paper. 

In 2004, the gap in China's retirement pensions under the current system reached 250 million yuan (31.25 million US dollars),according to Zhen Silin, former minister of Labor and Social Security. 

The survey results reflect the opinions of China's young, since all the people surveyed were young Internet users, the paper said. 

Most Chinese peasants are not covered by China's current pension system, the paper added. 

The restoration of endowment insurance system credit and a feasible pension fund system is urgent, experts were quoted as saying. 

The World Bank once suggested that besides raising the retiring age of the Chinese, establishing transparent measures to adjust China's current pension system is imperative.