The Beijing Federation of Trade Unions and Bank of Beijing have jointly launched an employee service debit card.
The card, which is called the Jing Ka-Mutual Aid Service Card, will be issued free of charge to all members of TBFTU. TBFTU says it will also offer pensions, for poor employees via this card which does not charge any management fee.
Yuan Zengsuo, the vice chair of TBFTU, said that apart from all the features of the existing debit cards from the Bank of Beijing, this new card can be used for as an ID, for purchasing necessities, mutual aid insurance, welfare fund issuance, and as a discount card. Yuan said that TBFTU had added two kinds of insurance–insurance for non-occupational injury and insurance for loss of household property.
It is learned that the card is available to all members of TBFTU and a pilot program related to the card will soon be initiated in Beijing's Xicheng District.
