Shandong's Pension Fund Tapping the SOE Well

(Beijing) – State-owned enterprise (SOE) earnings and share dividends will be funneled into the social security system for the eastern province of Shandong under a pilot project that could become a model for nationwide reform.

The province's effort to tap SOEs for social security support is being closely watched by the central government, which is looking for innovative ways to plug a growing gap between pension system income and outlays.