Zhongxin Finance, April 21. According to the China government website, the "Opinions of the General Office of the State Council on Promoting the Development of Personal Pensions" was released on April 21. Personal pensions implement a personal account system, and the payment is entirely borne by the participants. fully accumulated.
The "Opinions" show that the annual upper limit for individual pension participants to pay individual pension is 12,000 yuan.
The Ministry of Human Resources and Social Security and the Ministry of Finance shall adjust the upper limit of contributions in a timely manner based on factors such as the level of economic and social development and the development of the multi-level and multi-pillar old-age insurance system.
The state formulates preferential tax policies to encourage qualified personnel to participate in the individual pension system and receive individual pensions in accordance with regulations.
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