Chinanews.com, November 25th. The General Office of the Ministry of Human Resources and Social Security, the General Office of the Ministry of Finance, and the General Office of the State Administration of Taxation issued the "Notice on Publishing Pioneering Cities (Regions) for Personal Pensions" on the 25th.

Screenshot from the website of the Ministry of Human Resources and Social Security

  The notice shows that in order to implement the "Opinions of the General Office of the State Council on Promoting the Development of Personal Pensions" (Guo Ban Fa [2022] No. 7), according to the "Ministry of Human Resources and Social Security, Ministry of Finance, and State Administration of Taxation on the submission of personal pensions to the first cities According to the requirements of the "Notice of Human Resources and Social Security Department [2022] No. 62, on the basis of declarations by provinces (autonomous regions and municipalities directly under the central government), the list of individual pension cities (regions) has been determined after research, which is hereby announced.

From the date of issuance of this notice, workers who participate in the basic endowment insurance for employees or the basic endowment insurance for urban and rural residents in the location of the leading city (region) can participate in personal pensions.

(China New Finance and Economics)