The population aged 60 and above in our country has reached 280 million, and the degree of population aging continues to deepen. Alleviating some people's anxiety about elderly care and ensuring a sense of security for the elderly cannot be achieved without the development of the financial industry. The pension insurance system in our country includes three pillars - basic pension insurance, enterprise pension, occupational pension, personal pension system, and market-oriented personal commercial pension financial services. At present, the first pillar is basically sound, the second pillar is initially established and gradually improved, and the third pillar is still a weak point. The State Administration for Financial Supervision and Administration recently proposed to accelerate the development of elderly care finance and focus on filling the gaps in the third pillar of elderly care. How can industries such as insurance, banking, and funds make efforts in pension finance? Xinhua Vision reporters conducted an investigation. How to broaden the investment channels for elderly care for residents? The reporter found in the interview that with the development of the economy and society, the elderly care security needs of the people are becoming increasingly diversified, and there is an increasing emphasis on the reserve of elderly care wealth. In China's pension insurance system, basic pension insurance, as the first pillar, mainly guarantees the basic living needs of retirees; The enterprise annuity in the second pillar is currently only provided by some enterprises; As a strong support for the third pillar, pension finance is highly anticipated due to its relatively low participation threshold and flexible participation methods. In November 2022, the personal pension system was launched and implemented in 36 cities including Beijing and Shanghai. As of the end of 2023, over 50 million people have opened personal pension accounts. The funds in the personal pension fund account can purchase compliant wealth management products, savings deposits, commercial pension insurance, and public funds. According to data from the National Social Insurance Public Service Platform, as of the end of 2023, the number of personal pension products has increased to 753, including 465 savings products, 162 fund products, 107 insurance products, and 19 wealth management products. Ouyang Wenhua, a young man born in 1995 in Beijing, paid a personal pension of 12000 yuan per year and invested in a public fund. In the short term, this fund can enjoy tax incentives; In the long run, it is equivalent to saving a sum of retirement money for oneself. "This can provide more security for future life," said Ouyang Wenhua. Before the launch of the personal pension system, China's commercial pension finance business had already diversified and developed. As early as 2018, the first batch of pension target funds were approved for issuance; Starting from June 2021, Zhejiang and Chongqing will take the lead in launching pilot programs for exclusive commercial pension insurance; In December 2021, the first batch of pilot pension and wealth management products were officially launched... According to data from the State Administration of Financial Supervision and Administration, as of the end of the third quarter of 2023, the cumulative premium scale of exclusive commercial pension insurance was 8.16 billion yuan, underwriting 637000 items; The cumulative issuance scale of pension wealth management products has exceeded 100 billion yuan. The person in charge of Everbright Wealth Management stated that the differentiated return and risk characteristics of products such as pension finance, pension funds, pension insurance, and pension savings deposits can allow investors to choose between different products based on their risk preferences and pension plans. In the future, investors can also adjust their investment allocation ratios at different age stages. How to effectively support the development of the elderly care industry? The reporter learned from the interview that the current elderly are in good health
Edit：Luo yu Responsible editor：Jia jia
Source：xinhuaNet
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