The personal pension system is a strategic institutional arrangement for improving the social security system and coping with the aging population. From pilot pilot to full implementation, after more than three years of exploration and settlement, Guangzhou has formed a relatively mature service model. Recently, the reporter learned from the Guangzhou Social Security Center that as of July of this year, Guangzhou continued to rank among the highest in the province and the country in terms of number of personal pension accounts opened and deposit amounts. More and more citizens are beginning to actively understand and participate in personal pension reserves, and the shift from “passive pension” to “active planning” is taking shape in the city at an accelerated pace.

The personal pension system is a strategic institutional arrangement for improving the social security system and coping with the aging population. From pilot pilot to full implementation, after more than three years of exploration and settlement, Guangzhou has formed a relatively mature service model. Recently, the reporter learned from the Guangzhou Social Security Center that as of July of this year, the number of personal pension accounts opened and deposits in Guangzhou continued to rank among the highest in the province and the country. More and more citizens are beginning to actively understand and participate in personal pension reserves, and the shift from “passive pension” to “active planning” is taking shape in the city at an accelerated pace.