"Lujiazui Forum 2024" was held on June 19th-20th. Cai Xiliang, Vice Chairman and President of China Life Insurance (Group) Company, attended and participated in the discussion on "Silver-haired Economy and Retirement Finance". He introduced that by the end of last year, the number of participants in the first pillar basic endowment insurance was 1.07 billion, the number of participants in the second pillar enterprise annuity and occupational annuity was nearly 76 million, and the number of accounts opened for the third pillar personal retirement insurance exceeded 49 million by the end of last year. "Unfortunately, the account idle rate is about 70%."
中国人寿蔡希良：截止去年底，个人养老金账户开户数超4900万，但空转率约7成
Cai Xiliang from China Life Insurance: By the end of last year, the number of individual retirement account openings exceeded 49 million, but the idle rate is about 70%.
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