List of pilot cities for individual pensions

There are 36 pilot cities for individual pensions, and most provincial capital cities and cities with separate plans have been included in the pilot scope. Specific pilot cities: Beijing, Tianjin, Shijiazhuang, xiong'an new area, Jincheng, Hohhot, Shenyang, Dalian and Changchun.

Harbin, Shanghai, Suzhou, Hangzhou, Ningbo, Hefei, Fujian, Nanchang, Qingdao, Dongying, Zhengzhou, Wuhan, Changsha, Guangzhou, Shenzhen, Nanning, Haikou, Chongqing, Chengdu, Guiyang, Yuxi, Lhasa, xi 'an, Qingyang, Xining and Yinchuan.

It should be noted that to participate in individual pension, you need to open both individual pension account and individual pension fund account. Personal pension account can be opened by electronic social security card or handheld 12333APP; Personal pension fund accounts can be handled in major short-listed commercial banks.

Detailed introduction:

Personal pension refers to the system of government policy support, individual voluntary participation, market-oriented operation and supplementary functions of pension insurance. Personal pension is based on personal account system, and the payment is entirely borne by the insured himself. Choose to buy savings deposits, wealth management products, commercial endowment insurance, Public Offering of Fund and other financial products. Those who meet the requirements shall be fully accumulated and enjoy preferential tax policies in accordance with relevant state regulations.

Participants in individual pensions should be laborers who participate in the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents in China. The financial industry platform is a business information platform organized by the financial supervision department.

Participating financial institutions include commercial banks that have been determined by the China Banking Insurance Regulatory Commission to offer personal pension fund account business, as well as individual pension product issuers and sales organizations that have been determined by the financial regulatory authorities.