Filial Piety Fund is the first public welfare organization registered with official approval in China, focusing on the public welfare cause of respecting the elderly. This is not a national policy.
Filial piety fund is specially set up for poor households over 65 years old in Linxian County. Pay 2,000-3,000 yuan a year, and 20% of the principal and interest can be returned quarterly, with 500 yuan as the upper limit.