A pension in exchange for your home.
A new model of elderly care has taken off the ground in China.Elderly people can mortgage their property with an insurance company in exchange for a monthly pension payment.
Going in for the plan will however give the company the right to dispose off the property after its owners' death.
'House-for-pension' program piloted in four Chinese cities
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2014-06-24Pension fund poised for riskier investment
2015-07-25New system needed to invest pension fund
2015-07-15China requires 'absolute safety' in pension fund investment
2015-07-01'House-for-pension' a bitter option in graying China
2014-07-01
