简体中文 | ENGLISH


Online Banking

 
 

Other Services

 
 


BOC Enterprise Annuity Service


 

Providing a better pension scheme for the employees is the obligation of an enterprise on the one hand, and on the other hand it can also enhance the employees’ trust in the enterprise . As a result, it helps the enterprise to stabilize  its key employees, adjust  its taxable profit. Wouldn’t you want to have a measure that can serve for  multiple purposes?

In order to help enterprises in taking care of their employees when they get old, BOC, as a major player in the enterprise annuity market, once again follows its philosophy of “Pursing Excellence” and provides you with the “BOC Enterprise Annuity Service” featuring all-around and strong support. Once you choose it, you will trust it forever.

What is “enterprise annuity”?

Enterprise annuity is supplementary pension insurance , according to the national policies and economic conditions of the enterprise. This is based on the precondition that the employees have been covered by the national basic pension insurance system, aiming to raise the pension for employees .

Enterprise annuity fund is a special fund composed of the capital raised by the enterprise annuity schemecreated according to law and its investment profits, with the capital raised including such two parts as the enterprise’s payment and the individual’s payment.

Why should you choose “BOC Enterprise Annuity Service”?

Leader in the Industry Back to the early 1980s, some overseas branches of BOC had participated in the local pension management business, and in 2006, BOC took the lead in financial enterprises to create the enterprise annuity scheme.

Rich Experience BOC has provided account management and custody services for numerous large enterprises in a variety of sectors, thus havevery experienced in this field.

Strict Risk Control MeasuresThe strict internal control and audit system and the monitoring mechanism such as risk evaluation system and risk pre-warning system for investment managers ensure that the enterprise annuity is operated in a secure and reliable fashion.

International StandardThe secure and flexible pension account management system set up in line with the international standard ensures the efficient and convenient management service.

Complete System The powerful core system lays a solid foundation for the pension fund custody service to take the leading position in the industry.

Professional TeamProfessional pension management service institutions have been established in the Head Office and all the branches of BOC, providing complete and exclusive services.

What are the conditions for enterprises to apply for the “BOC Enterprise annuity Service”?

To apply a enterprise annuity plan, the enterprise has to meet the following three conditions:

1. The enterprise must participate in the basic pension insurance according to the law and fulfills its obligations to pay the premiums;

2. The enterprise has the required economic ability;

3. Collective negotiation mechanism has been built in the enterprise

In terms of the enterprise annuity fund, what are the management modes and management institutions?

It is through the special enterprise annuity fund custody account that the premiums and benefits are paid and investment is made. Being a trust property, the enterprise annuity fund is independent from the inherent property of the trustor, the responsible enterprise annuity fund management institution and all other properties under their management.

The enterprise annuity fund management institutions mainly include the trustee, account management institution, custodian and investment management institution.

What are the procedures and method to create and operate the enterprise annuity scheme?

Initial preparation >> Design the enterprise annuity scheme >> Internal collective negotiation >> Report and file the annuity scheme >> Sign the custody contract on the annuity fund >> Select the management institution for the annuity fund >> Report and file the management contract of the annuity fund >> Enterprise annuity fund officially starts operation

What are the services provided by the BOC Enterprise annuity business?

1.  Consultation services regarding building of the annuity scheme and operation of the annuity fund

Policy Consultation Providing consultation about laws and regulations on enterprise annuity, relevant knowledge and operation practice

Scheme DesignDesigning the annuity scheme, estimating the premiums, and making premium planning

Procedure ConsultationOffering consultation on the annuity scheme reporting and filing procedures and the selection of the annuity fund management institution

Other Services Providing consultation on the management of the annuity fund operation

2. Operation services for the enterprise annuity fund

Enterprise annuity Account Management Services

§  Opening, transfer and dynamic maintenance of the account

§  Planning information management

§  Keeping records of premium payments and investment returns

§  Calculation and handling of the payment of benefits, allocation of returns and the account balance

§  Multi-channel information inquiry service

§  Account management report

Enterprise annuity Fund Custody Services

§Custody of assets

§Clearing

§Accounting and valuation

§Supervision on investment

§Custody report 

Qualification Certificates

  [ Close Window ]
Personal Banking Login
Personal Banking(VIP) Login
Corporate Banking Login



   Corporate Financing
   Trade Services
   Corporate Financial Services
   RMB Settlement Services
   Corporate Savings
   Other Services



 
  Site Map | Contact Us | Term & Conditions | Copyright | 京ICP证 060399
 
Copyright © BANK OF CHINA(BOC) All Rights Reserved.