What are the policies on aging in place in China

The Ministry of Civil Affairs (MCA) has not issued any specific policies on aging in place! It just issued a document saying that the national home care resources are insufficient, and asked localities to vigorously develop home care services in order to solve the difficult problem of old age. All are guiding opinions, mainly depends on the local government's efforts to promote!

The only thing that can be counted as favorable is:

Implementing the preferential policies to support home care services. The implementation of the state's current tax incentives on elderly service organizations, the nursing home category of elderly service organizations to provide elderly services are exempted from business tax, the various types of non-profit elderly service organizations are exempted from the property tax on their own property, land, urban land use tax and so on.

Expanded Information:

Can rural social pension insurance benefits be inherited:

According to China's Inheritance Law, the inheritance includes citizens' lawful incomes, citizens' houses and daily necessities, citizens' forests, livestock, and poultry, and citizens' books, cultural relics and other collections, the means of production that citizens are allowed to own by law, citizens' property rights in intellectual property rights, and other legal property that can be inherited as stipulated by law.

Pensions can be inherited as citizens' estates. However, there are two types of cases: if a beneficiary is designated in the pension insurance contract, the beneficiary will receive the pension insurance benefits. If no beneficiary is named in the contract, the insurance premiums can be acquired by the heirs of the insured as his or her inheritance.

The inheritance of pension insurance benefits can be divided into two cases: one is the death of the insured during the payment period. The entire premiums paid by the insured person will be refunded to his/her legal heirs or designated beneficiaries. The other is the policyholder died during the pension period. We know that the policyholder receives a pension for a period of 10 years.

When a person dies after receiving a pension for less than 10 years, the balance of the individual contributions in the individual pension insurance account can be refunded to his/her legal heirs in a lump sum; if there is no heir or designated beneficiary, the funeral expenses will be paid in accordance with the relevant regulations of the Rural Social Pension Insurance Management Organization. Children therefore have the right to inherit their parents' pensions. The old-age pension here is inherited by their children as their parents' estate.

Baidu Encyclopedia - New Pension Insurance Policy