China Life helps seniors
Print Edition
CHINA Life Insurance Co Ltd yesterday launched its first product designed for the commercial pension trial program in Shanghai in a move to help citizens in an aging society.
China launched a pilot tax-deferred pension insurance project in Shanghai, Fujian Province and Suzhou Industrial Park in Jiangsu Province, in May. The scheme allows individuals to defer tax on part of their income that is used to buy commercial pension insurance until they retire and draw money from the fund. Industry insiders said the launch of the new tax-income deferred pensions is to encourage people to prepare for old age, and promote the balanced development of China’s pension system.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
