Pension investment considered

Source:Xinhua Published: 2018/1/3 22:53:39

Three provinces and one autonomous region are planning entrusted pension investment to deal with mounting payment pressure, an official said Wednesday.

Northwest China's Gansu Province, East China's Zhejiang and Jiangsu provinces as well as Southwest China's Tibet Autonomous Region are considering entrusting some of their pension funds, totaling 150 billion yuan ($23.05 billion), to the National Council for Social Security Fund for professional investment, according to Tang Xiaoli, an official with the Ministry of Human Resources and Social Security.

Posted in: ECONOMY

blog comments powered by Disqus