ICBC Successfully Held Corporate Annuity Seminar

Recently, ICBC successfully held the First Corporate Annuity Seminar in Chengdu. More than 10 Companies coming from power, railway, steel, automobile, air transportation, money printing and concerned person from Ministry of Labor and Security participated in the Seminar.

The General Manager of ICBC Corporate Annuity Center delivered a speech at the seminar. Person from Ministry of Labor and Security reviewed the history of China corporate annuity system and comment the development of annuity in the future. Some corporate delegate merrily discussed the establishment and operation of corporate annuity system, their experiences and opinions.

Participants in the seminar exchanged views with ICBC and experts from Ministry of Labor and Security on their problems that they concerned much and needed to be solved. They also voiced out their recommendations on the development of China annuity system. The Seminar was filled with enthusiasm of the participants.

Corporate Annuity placed second in modern social pension security scheme. It closely relates to the benefits of all staff and secures attractiveness and cohesiveness to a company. It is now a common concern to government, company and financial institution in how to build a scientific and rational corporate annuity plan that stay with company characteristics, in how to safely and efficiently operate corporate annuity fund in compliance with the Rules.

This seminar strengthened the exchanges and promoted companies to establish standardized annuity plan through cooperation between three parties. Participants all agreed that they have learnt much in the seminar and expressed their willingness to continue to work with ICBC in exchanging views on annuity cooperation.