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Is Huaxia Senior Network a pyramid scheme?
Huaxia Senior Network is not a pyramid scheme.

Huaxia Seniors Network is a public welfare website operated by Shanxi Haojing Seniors Science and Technology News Co., Ltd. Huaxia Seniors Network implements the relevant regulations, vigorously develops the central idea of China's aging cause, actively deepens the spirit of developing aging products and service industries in the Eleventh Five-Year Plan, and promotes the harmonious development of aging industries; In order to solve the contradiction between the imbalance between supply and demand and the lack of market planning in the pension industry, it is our responsibility to cultivate and develop enterprises and service institutions for pension products and promote the great progress of public welfare undertakings for the elderly. With its unique audience accuracy, content insight, platform integration and brand influence, the website strives to become the largest comprehensive portal service platform for the elderly in Shanxi and even the whole country.

Consumption pension is a new pension model. Its core is that after consumers buy their products, enterprises should regard consumers' consumption as an investment in enterprises, and return the profits of enterprises to consumers in a certain proportion within a certain time interval, so that consumers can not only care about the quantity and quality of the goods they buy, but also care about the benefits brought by shopping. Enterprises will have a large number of rebates from consumers, become a strong player in the capital market, provide a broad and huge source of funds for endowment insurance, and gradually accumulate a considerable pension fund for consumers without increasing the burden on consumers, thus solving many problems related to pension.

The old-age care institution is a proper term for social pension, which refers to an institution that provides comprehensive services such as diet, hygiene, life care, health management and cultural and recreational activities for the elderly. It can be an independent legal person institution or a department or branch affiliated to a medical institution, enterprise, institution, social organization or comprehensive social welfare institution.

legal ground

Law of the People's Republic of China on the Protection of the Rights and Interests of the Elderly Article 44 Local people's governments at all levels shall strengthen their leadership over the management of pension institutions within their respective administrative areas and establish a comprehensive supervision system for pension institutions.

The civil affairs departments of the people's governments at or above the county level shall be responsible for the guidance, supervision and management of the old-age care institutions, and other relevant departments shall supervise the old-age care institutions in accordance with the division of responsibilities.