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ckfactor
Barker
Joined: Feb 12, 2008
Posts: 136
Status: Offline
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 Posted:
Apr 08, 2008 - 11:54 AM |
 
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| Post subject: Private pensions or something like 401K |
I have been looking for a private pension fund to invest in and negotiating with my company to put money in it as well.
I just need help in finding a few funds or companies they deal with this kind of investment?
It seems to get a pension for an expat the company has to have 5 million US investment capital. Is this a true statement.
I am still am on a probation period. Do you think it is possible to get a housing allowance?
How much can I expect for transport and mobile? |
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CIA
LoopKicker
Joined: Mar 23, 2008
Posts: 919
Location: Least Expect
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Apr 08, 2008 - 12:26 PM |
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Are you a local looking for an expat package? |
_________________
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| Every evening I died, and every evening I was born again, resurrected. |
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ckfactor
Barker
Joined: Feb 12, 2008
Posts: 136
Status: Offline
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Apr 08, 2008 - 04:25 PM |
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No I am not local, Shanghai residents get these benefits. I am an expat and get a higher salary, but no pension. |
_________________
Yah I just took a crap on my sleeping Cat, tiss a badazz I be |
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underh20
Board Legend
Joined: Sep 27, 2006
Posts: 12702
Location: Veggie-Free Zone
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Apr 08, 2008 - 06:31 PM |
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Expats are not able to participate in the Chinese pension system nor in any private system offered by Chinese insurance companies via employer participation. |
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"If I need to buy a TV, I'll definitely buy a Japanese TV. A Chinese TV might explode." -- Jackie Chan |
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chingiskhan
Wonder Wit
Joined: Apr 24, 2007
Posts: 3670
Location: Shanghai
Status: Offline
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Apr 08, 2008 - 06:54 PM |
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There are numerous financial advisers working exclusively with expats for retirement funds. If you haven't already been approached I would be happy to give you two names for a start, both working for companies that I have offshore savings plans with.
As for mobile and accommodation etc surely you discuss this BEFORE you accept the position not after you start! |
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bougie
Board Buddha
Joined: Nov 20, 2004
Posts: 14915
Location: Woooo .. Han
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Apr 08, 2008 - 08:58 PM |
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I just tell them to pay me a % of my salary of which I invest myself .. so far last two companies have obliged (spell check?) |
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blondesands
Raver
Joined: Nov 21, 2007
Posts: 467
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Apr 09, 2008 - 09:19 AM |
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For those who are not on expat salaries, are there any investment options? With offshore, what are the requirements? |
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juliam
Lurker
Joined: June 13, 2008
Posts: 23
Status: Offline
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| Posted:
June 13, 2008 - 12:40 PM |
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| blondesands wrote: |
| For those who are not on expat salaries, are there any investment options? With offshore, what are the requirements? |
Please pm me |
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juliam
Lurker
Joined: June 13, 2008
Posts: 23
Status: Offline
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| Posted:
June 13, 2008 - 12:41 PM |
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| Post subject: Re: Private pensions or something like 401K |
| ckfactor wrote: |
I have been looking for a private pension fund to invest in and negotiating with my company to put money in it as well.
I just need help in finding a few funds or companies they deal with this kind of investment?
It seems to get a pension for an expat the company has to have 5 million US investment capital. Is this a true statement.
I am still am on a probation period. Do you think it is possible to get a housing allowance?
How much can I expect for transport and mobile? |
Please pm me |
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