Reborn 80s

Chapter 428 Cross-regional Pension Funds

In November, Yin Kela was given an ultimatum, requiring an unconditional withdrawal of troops before January 15, 1991.

If they don't withdraw, force will be used.

This time, it was a military adventure for Yin Kela. Despite everyone's shouting, Yin Kela really didn't believe that he would fight him for the sake of the small country of Kotwe.

Or, it also means riding a tiger with difficulty.

Anyway, the army is gathering and the war is about to break out.

None of this has any impact on Chen Huaiqing. He has withdrawn his investment from oil futures and is looking for a place to go with the funds.

After Chen Huaiqing stayed in Shenchuan for a few days and checked his investment in Shenchuan, he took his people to Shanghai with him.

After arriving in Shanghai, Chen Huaiqing directly visited the leaders of Shanghai. On behalf of his investment, Chen Huaiqing expressed that he would increase investment in Shanghai.

In Pudong Development, Ta Investment is the largest foreign investor.

Although Pudong only started its official development this year, Chen Huaiqing had already laid out plans in Pudong two years earlier.

In addition to the affairs in Pudong, the leaders of Shencheng are also particularly concerned about the affairs of the pension fund company.

At this time, reforms across the country were somewhat at a standstill.

Shencheng was not affected at all and continued to promote corporate reform. After having the template of Shuchuan, it was much easier to advance.

It's not like crossing the river by feeling the stones.

After all, Sichuan has been undergoing renovation for so many years, and the whole operation is quite normal, and all parties are very satisfied.

Moreover, the economic data of Sichuan is really good. Take Yuzhou, last year its GDP actually surpassed that of Shanghai. This has never happened in modern times.

It's really a bit shocking.

Among the enterprise reforms in Sichuan, there are three institutions that attract special attention.

State-owned companies, pension fund companies and medical insurance companies.

Not to mention state-owned companies and medical insurance companies, they are directly managed by Shuchuan appointees.

Chen Huaiqing is the general manager of the pension fund company. He was nominated by Shuchuan and appointed by the National People's Congress.

Of course, Chen Huaiqing is paid a salary as the general manager, which is more than 10,000 yuan per month!

Chen Huaiqing himself is very upright and does not receive a penny of salary, so what will others do?

The pension fund company submits a work report, financial report and asset list to the Provincial People's Congress every quarter.

Shuchuan Pension Fund Company has developed quite well, covering the pension of the entire population.

All those lonely elderly people are also included in the scope of pension security.

Such an achievement is undoubtedly amazing!

Since ancient times, the goals pursued by countless people with lofty ideals have finally been realized today.

Of course, in order to accomplish this, Sichuan people have also made a lot of efforts.

There is a lot of land allocated to pension fund companies alone.

This directly made the pension fund company the largest landowner in Sichuan.

"Pension fund companies generally do not pursue high rates of return when investing abroad. High rates of return mean high risks."

"At the very beginning, we agreed to make investments that would have long-term and stable returns."

"For example, we have invested in and built several large hydropower stations in Sichuan. These large hydropower stations do cost a lot of money, but as long as they are completed, they will be able to bring extremely stable income to pension fund companies in the next few decades.

income."

It goes without saying how profitable hydropower stations are.

As long as it is built, it will be holding a golden doll.

The most important point is that pension fund companies in Sichuan do not need to pay taxes.

This is a privilege of pension fund companies!

“Is public housing an investment too?”

Shuchuan Pension Fund Company has acquired a large number of land parcels in Shanghai, and has built public rental housing on all of them.

On the contrary, I am not interested in commercial buildings such as office buildings.

Chen Huaiqing: “It’s considered an investment.”

"If we just rely on rent, if we want to recover our investment, it will take ten or twenty years, right?"

Chen Huaiqing said with a smile: "For pension fund companies, this is acceptable. After all, this is a stable source of income. Although public rental housing is currently being built in the suburbs of the city, in another ten years, it will

It will be in the city center. Not to mention that the value of these houses has increased, but the rent alone will also increase a lot."

"In the long run, this investment will definitely pay off."

The leader of Shencheng pondered, and after looking at the other leaders, his eyes fell on Chen Huaiqing.

Shencheng has also established a pension fund company, but it is really difficult to make external investments like Shuchuan Pension Fund.

After all, not everyone is like Chen Huaiqing, who is very good at doing business.

Take Shuchuan Pension Fund Company, whose assets have doubled.

Here, one thing to note is that in terms of fixed assets, Shuchuan Pension Fund Company will not calculate how much the land has increased in value compared to when it was purchased.

It doesn't count.

How much money you have when you get it will always be there in your account.

Of course, if the land is to be sold, it will definitely be announced to the outside world, and the selling price must be calculated according to the market price.

Another point is that the pension fund company here in Shanghai has objections to accepting land as payment for money.

Shanghai's industry is developed and there are many enterprises, so naturally there are many employees in the enterprises.

Now they have to pay back their pension insurance based on their length of service, which requires real money to be paid to the pension fund company.

Shanghai City is indeed better financially than most cities in the country, but money has its uses.

There is simply no way to move so much money.

If you want to complete the reform, you must use land to offset it.

"On our side, we hope you can take over the Shanghai Pension Fund Company."

Chen Huaiqing said in surprise: "Take over Shanghai Pension Fund Company?"

"right!"

Chen Huaiqing gently rubbed his forehead. To be honest, he was really unprepared for this.

At the beginning, Chen Huaiqing just wanted to run Shuchuan Pension Fund Company well.

Build it into a pension fund like the three Nordic countries and invest globally.

After all, in terms of social welfare, the three Nordic countries are really strong.

Just rely on their own country’s output?

It's simply impossible.

In fact, to put it bluntly, it means investing all over the world and then earning profits to repay the home country.

After Chen Huaiqing pondered for a long time, he finally said: "There is no problem if we take over, but there will definitely be big changes in the management method. It is no longer a unit, but a commercial organization."

In Chen Huaiqing's eyes, the pension fund company is a special company that does not have to pay taxes.

The people who pay pensions to the pension fund are the shareholders of the pension fund company, but these shareholders cannot receive dividends until they retire.

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