How to meet the needs of diverse pensions?Expert interpretation comes

Recently, the China Banking Regulatory Commission and the People's Bank of China issued a notice to continue to promote the reform of pension financial reform, enrich the supply of third -pillar pillar pension financial products, further meet the diverse pension needs of the people, and will start a pilot pilot of specific pension savings. So, what is a specific pension savings? How to carry out the pilot work?

my country will start a pilot of specific pension savings

The notice clearly states that starting from November 20 this year, ICBC, Agricultural Bank, Bank of China, and Construction Bank have launched a pilot pilot of specific pension savings in five cities in Hefei, Guangzhou, Chengdu, Xi'an, and Qingdao. The pilot period is tentatively set for one year.

During the pilot stage, the total scale of the special pension savings business of the single pilot bank is limited to less than 10 billion yuan. Specific pension savings products include three types: rectification, zero deposit, and rectification. The product period is divided into 5 years, 10, 15 years, and 20 years. Time deposit interest rate. The principal of the deposit of a special pilot savings product in a single pilot bank is 500,000 yuan.

The CBRC and the People's Bank of China stated that the next step will be closely tracking the pilot pilot of specific pension savings. After summarizing the evaluation pilot situation, the experience of pilot experience will be studied and promoted in a timely manner.

This pilot will start from November 20, 2022

According to the requirements of the China Banking Regulatory Commission and the People's Bank of China, the pilot will start on November 20, 2022. The pilot bank should strictly follow the principles of "voluntary deposits, free withdrawal, deposit and interest, and keeping the households secret". Carry out business. Implement the requirements of savings business and personal account management, and handle specific pension savings business in accordance with laws and regulations.

What is the difference between specific pension savings and ordinary savings?

Dong Ximiao, a researcher at Fudan University Financial Research Institute: Compared with ordinary savings deposits, specific pension savings products have three characteristics: long, large varieties, and high interest rates. The first is the long period, the lowest 5 years, and the longest 20 years, which fits the long -term pension. The interest rate is high, slightly higher than that of large banks' 5 -year regular deposit interest rates, lock high interest rates at the downward cycle of interest rates, and may also enjoy tax discounts in the future. A single store households restrict 500,000 yuan per person in a single pilot bank, which helps more stores to participate in pilot savings pilots.

Why choose five cities and four major banks for pilots?

According to the requirements of the China Banking Regulatory Commission and the People's Bank of China, the pilot pilot of this specific pension will be piloted by the four major banks of Industrial and Commercial Bank of China, Agricultural Bank, Bank of China, and Construction Bank in Hefei, Guangzhou, Chengdu, Xi'an, and Qingdao. The pilot period is tentatively set for one year. During the pilot stage, the total scale of the special pension savings business of the single pilot bank is limited to less than 10 billion yuan.

Why choose the five cities of Hefei, Guangzhou, Chengdu, Xi'an and Qingdao, and pilot the four major banks of work, farming, middle, and construction?

Dong Ximiao, a researcher at the Financial Research Institute of Fudan University: This pilot was carried out in five cities: Hefei, Guangzhou, Chengdu, Xi'an, and Qingdao. The pilot cities cover East China, South China, Southwest, and Northwest China. It helps to understand and grasp and grasp the storage households in different regions through pilots. Demand for pension savings. Four large banking institutions have many outlets, rich online and offline service channels, and huge existing customer groups. In the four large banks, the pilot savings pilots are the first to help better meet the needs of the majority of residents for pension savings. More residents handle the care of pension savings.

How will specific pension savings be rich and diverse?

In the notice issued by the Banking Commission and the central bank, the pilot pilot to start a specific pension savings is to continue to promote the reform of pension financial reform, enrich the supply of third pillar pillar pension financial products, and further meet the diverse pension needs of the people. How will specific pension savings be rich and diverse? What is the third pillar pillar pension financial product? How to meet the needs of diverse pensions?

Dong Ximiao, a researcher at the Financial Research Institute of Fudan University: my country has entered an aging society, but at present, the development of the multi -level pension security system in China is inadequate and uneven. The development of professional annuity is slow, and the third pillar is that commercial pension protection has just started. Therefore, to accelerate the innovation of financial products in the pension field, give full play to the supplementary role of the third pillar pension protection, it will better provide diversified financial services for the pension field, and then make our pension security system more perfect. The pilot pilot of this specific pension savings is based on my country's public savings preferences to innovate products and services, which will help further enrich the supply of pension financial products. The third -pillar pension guarantee for multi -directional demand. On the basis of the pilot, the pilot experience and lessons should be summarized as soon as possible, the scale and pilot cities of the pilot product should be increased in a timely manner, and the pilot banks should be expanded to other large and small and medium banks. Financial, taxation and other departments and financial management departments should adopt more support policies in terms of fiscal taxation and product access.

[Responsible editor: Lu Wei intern: Yang Shuwen]

[Source: CCTV News Client]

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