Occupational annuity is a supplemental pension system voluntarily built by an enterprise and its employees. The enterprise and its labor union or employee representatives shall determine the building of an occupational annuity through collective negotiation, and formulate an occupational annuity scheme. Taiping Pension, employing various members of the SOA (Society of Acutaries) having rich experience in the enterprise annuity business, is one of the first financial institutions who engaged in this new market of Chinese occupational annuity that had been created. Meanwile we are serving customers of various industries all over the country. Taiping Pension also fully understands processes and requirements of the labor and social security administrative departments, the state-owned Assets Supervision and Administration Committee, the Ministry of Finance and other relevant administrative departments for occupational annuity schemes¡¯ design and filing. On such a basis, Taiping Pension is in the position to provide most comprehensive support and consultation in internal and external reviews and all questions related with establishing and filing the scheme. Furthermore our aim is to help you to conduct filing smoothly and without delays, laying a solid foundation for the next step towards your enterprise annuity.

The process of formulating a Plan and filing is shown in the following chart: