House-for-Pension Plan (老人抵押自住房银行付养老金)

Название Принявшего Органа: 
China Citic Bank in Shanghai
Другие проблемы ММПДПС : 
I-7 (Income security, social protection/social security and poverty prevention)

This programme aims to ease the burden on the elderly in an ageing society where people have fewer or no children. Under the programme, an older person who owns a property could deed the house to an insurance company or bank, which would determine the value of the property and the applicant's life expectancy, and pay out a fixed amount of money (pension) every month.