The Ministry of Human Resources and Social Security, the Ministry of Finance, the State Administration of Taxation, the CBRC, and the CSRC jointly issued the implementation of personal pensions on Friday (November 4).The method stipulates that the maximum limit of the personal pension amount each year is 12,000 yuan (RMB, the same below, about S $ 2344).The personal pension funds account is closed, and the participants reach the age of receiving basic pensions, or completely losing their ability to work, settlement abroad (border), and other situations stipulated by the state. They can receive personal pensions.
According to the Xinhua News Agency, it is a way to make specific regulations on personal pension participation process, capital account management, institutional and product management, information disclosure, supervision and management, etc.
Jia Jiang, deputy director of the Pension Insurance Department of the Ministry of Human Resources and Social Security, introduced that personal pension is a supplementary pension insurance system for government policy support, voluntary participation, and market -oriented operations.Workers who participate in the basic endowment insurance of urban employees in China or the basic endowment insurance for urban and rural residents can participate.
The method is clear. Participants participating in personal pensions should pass through the national social insurance public service platform, national human resources and social security government service platforms, electronic social security cards, palm 12333App and other national unified online service entrances orCommercial banking channels open a personal pension account on the information platform.After that, choose a prescribed commercial bank to open or designate the only personal pension account account.
"Both accounts are unique and correspond to each other. Through commercial banking channels, these two accounts can be opened at one time." Jia Jiang said that the funds in the account can be purchased.Wealth management products, savings deposits, commercial pension insurance and public fund funds.
The method stipulates that the maximum limit of the personal pension amount is 12,000 yuan each year.The personal pension funds account is closed, and the participants reach the age of receiving basic pensions, or completely losing their ability to work, settlement abroad (border), and other situations stipulated by the state. They can receive personal pensions.
In order to safeguard the interests of participants, the method emphasizes that sales institutions should make risk reminders based on the principle of "appropriate sales", and they must not actively promote personal pension products that have exceeded their risk tolerance.
