Date
12 December 2017

Social Security Fund sees investment return of 6.29%, paper says

The National Council for Social Security Fund said investment returns for 2013 reached 69.6 billion yuan (US$11.2 billion), or a return on investment rate of 6.29 percent, the Shanghai Securities News reported Wednesday. The size of the pension fund has grown from 837.7 billion yuan in 2011 to 1.19 trillion yuan in 2013. The fund has set its sights on raising investment returns in 2014, and highlighted elderly care fund at local administrations as a key area of work this year, the report said.

– Contact HKEJ at [email protected]

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