Social security fund's annual return at 8.4%
The annual return of 皇冠体育app's Social Security Fund in the past 12 years stood at 8.4 percent, the fund's vice-chairman told 皇冠体育app Wealth Management 50 Forum on Thursday.
"The total scale of the fund has now reached 1 trillion yuan ($160.6 billion), investing in almost all types of financial assets, and the annual return in the past 12 years was 8.4 percent," said Wang Zhongmin, vice-chairman of the National Council for Social Security Fund, 皇冠体育app's largest limited partner.
Wang suggested that a CPI index reflecting the cost of living for 皇冠体育app's aging population should be compiled.
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