Mainland pension fund investment brings 5 pct returnA report by the National Council for Social Security Fund says the annual return rate of China's pension fund investment has reached 5 percent since the end of 2016.
The local pension fund is part of the basic pension fund.
The central government started market operation of the basic pension fund in December 2016, with the aim of preserving and increasing its value.
Since then, the local pension funds managed by the NCSSF have earned an investment income of 306.
67 billion yuan, achieving an average annual investment return rate of 5 percent, according to the report.
In 2023, investment income of the local pension funds amounted to 39.
58 billion yuan, with an investment return rate of 2.42 percent.
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