个人养老金，又有大消息

Core Viewpoint - The recent notification from the China Fund Industry Association allows eligible personal pension fund investors to redeem their funds early, addressing liquidity needs and enhancing the personal pension investment ecosystem [2][10]. Group 1: Eligibility for Early Redemption - Investors can apply for early redemption of personal pension funds if they meet specific conditions outlined in the notification from the Ministry of Human Resources and Social Security [4]. - The conditions for early redemption include: complete loss of labor ability, permanent residency abroad, significant medical expenses exceeding the average disposable income in the previous year, receiving unemployment insurance for 12 months within the last two years, or currently receiving minimum living security [5]. Group 2: Processing Procedures - Fund sales institutions must verify the investor's personal pension account status through the relevant information management service platform before processing early redemption requests [7]. - Upon verification, fund sales institutions are required to submit the redemption request to fund managers and share the relevant data, including a specific identifier for the early redemption [7]. Group 3: Technical Preparation and Implementation - The notification mandates that relevant institutions complete technical preparations by June 2026 to ensure smooth implementation of the early redemption process [9]. - During the preparation phase, institutions can manually process early redemption requests for eligible investors and must ensure proper communication and explanation [9][10]. - Fund managers are also required to update the prospectuses of relevant pension fund products, with specific timelines to be announced later [10].