The implementation method is clear. The funds in the personal pension fund account can choose to buy qualified wealth management products, savings deposits, commercial pension insurance, Public Offering of Fund and other personal pension products.
The implementation method emphasizes that the sales organization should take the principle of "sales appropriateness" as a good risk warning, and may not actively introduce personal pension products beyond its risk tolerance to participants.
According to the implementation measures, if the insured reaches the age of receiving basic pension, or completely loses the ability to work and settles abroad, they can receive individual pension. If the participant dies, the assets in his personal pension fund account can be inherited.
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. You can choose to buy savings deposits, wealth management products, commercial pension insurance, Public Offering of Fund and other financial products.