Shanghai issues first tax-deferred pension policy
A Chinese insurance company on Thursday issued the country’s first tax-deferred pension insurance policy in Shanghai, marking the beginning of the long-awaited tax-deferred pension plan.
China Pacific Life Insurance Co., Ltd. issued the insurance policy to Cai Jun, captain of the maiden flight for C919, China’s first home-made large passenger plane.
In May, a pilot tax-deferred pension insurance project has been launched in Shanghai, Fujian Province and Suzhou Industrial Park in Jiangsu Province, respectively.
Read More: XinhuaNet
