The social security fund is the masses of＂Survival Money＂ ＂lucky money＂. In order to promote the sustainable development of social security funds, the effective supervision of social security funds become very imp...The social security fund is the masses of＂Survival Money＂ ＂lucky money＂. In order to promote the sustainable development of social security funds, the effective supervision of social security funds become very important. This paper based on the aims to promote the sustainable development of the social security fund and analysis of social forces to participate in the supervision of social security fund situation, put forward to further improve the social security fund supervision and management of effective means.展开更多
With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security...With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security system, the status of the accounting system of social security fund has become particularly prominent. The existing problems in the system were discussed and corresponding reform ideas were proposed by analyzing the current situation of the social security fund accounting system.展开更多
In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized it...In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized its social security system accordingly.This paper divides the transition of China’s social security system into seven stages before and after 1978.The traditional social security system was predicated on the dominant public ownership,a highly centralized economy,and“full employment.”It was congruous with the ownership structure,income distribution,and labor systems under the closed economy.The modern social security system is developed to meet the needs of an open economy and promotes economic development by giving play to consumption and investment,facilitating labor flow,and boosting productivity.The modern social security system requires further supply-side structural reforms to promote the high-quality development of the open economy.展开更多
This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social secur...This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social security system is the root cause for social security fund violations, which is reflected in low level of social security unification, irrational investment system and legislative loopholes etc. Currently, China's social security funds are facing risks in management and in system; The key of risk control lies in the reforming of the overall framework of social security system through the following aspects: 1) readjust the unified account system structure to raise the level of unification; 2) reform funds investment system to boost ROI; 3) speeding up legislative to regulate the administrative costs and the behaviors of its entities.展开更多
With China gradually into the spending will gradually increase the aging society, the elderly basic health and security and other aspects of life, and the social security fund plays the most important role in Medicare...With China gradually into the spending will gradually increase the aging society, the elderly basic health and security and other aspects of life, and the social security fund plays the most important role in Medicare and security and other aspects of life, a large part of these costs are borne by the social security fund, social security fund and therefore smooth running of the stability of the society of great significance. Social security funds in long-term operation of the process should have a self-sustainability of the balance of payments, balance of such funds refers not only to the current income of the fund should be able to meet the current expenditure needs funds, but also refers to a future on a given point in time, the present value of future expenditures of all funds shall be equal to the present value of all future earnings of the Fund in order to achieve long-term balance of social security funds. This paper attempts to study the entry point for the sustainable development of the social security fund development issues, on the basis of experience combined with foreign financing and investment policy on social security funds [1], to better respond to the challenges of aging on social security funds brought.展开更多
The social security funds is to establish social security system and the solid foundation on which to run, the safety of the social security fund sustainability for play a crucial role in the development of social sec...The social security funds is to establish social security system and the solid foundation on which to run, the safety of the social security fund sustainability for play a crucial role in the development of social security system. In the current aging serious today, the social security fund is particularly important. In this paper, through the introduction of the necessity of sustainable development of the social security fund, the comprehensive analysis of the problems existing in the process of sustainable development of the social security fund, tries to put forward countermeasures and Suggestions for the sustainable development of social security fund in our country.展开更多
The Social security system is a necessary part of market economic system, the social security fund is the basis of running a country social security system. However, the fund of social security of our country has many...The Social security system is a necessary part of market economic system, the social security fund is the basis of running a country social security system. However, the fund of social security of our country has many problems, such as investment channel phase contrast is still relatively narrow, the portfolio is not reasonable enough, external capital market is not perfect and so on.so the social security fund in our country is difficult to achieve effective and value. This article will start from the concept of sustainable development, and hope to find out the existing problems in the process of maintaining and increasing the value of social security funds through combing the basic elements of social security funds.展开更多
The national social security fund is the focus on social security strategic reserves of the central government, is mainly used to meet the ageing peak period of the social security need in the future. Since establishe...The national social security fund is the focus on social security strategic reserves of the central government, is mainly used to meet the ageing peak period of the social security need in the future. Since established in 2000, the national social security fund, as of December 31, 2010, the national social security fund council management total scale of 856.8 billion yuan of funds, social security fund investment gains made great achievements. But we can still see a lot of problems in the social security fund investment operation continues to improve we need to carefully study. It is as a breakthrough point, this paper adopts the method of literature research, comparison research and inductive analysis by summing up the national social security fund investment and successful experience, this paper analyzes the reasons of its historical losses, and learn from foreign experience, put forward in the next five to 10 years the social security fund investment direction and investment strategies, ensure the social security fund the value.展开更多
＂The economic base determines the superstructure＂, we should understand that only to ensure the social security funds a healthy and sustainable operation and development, laying the foundation for the economic devel...＂The economic base determines the superstructure＂, we should understand that only to ensure the social security funds a healthy and sustainable operation and development, laying the foundation for the economic development of China＇s social security system, in order to effectively maintain social stability and even political stability. Through reading literature and comparative research on the United States, Japan, Singapore, Chile and several European countries＇ representative and typical social security fund management operations mode. in-depth exploration and analysis, compared with present situation of China＇s social security fund management after the conclusion put forward, then we should avoid some points, and come up with some conducive ideas to the sustainable development of the social security fund in our country.展开更多
Social security fund is the foundation of the social security to run, so to strengthen the supervision of social security fund, and promote the sustainable development of it is particularly important. However, the sup...Social security fund is the foundation of the social security to run, so to strengthen the supervision of social security fund, and promote the sustainable development of it is particularly important. However, the supervision of social security fund of China exists many difficulties at present. In this paper ,the author will be based on the angle of the diversity of regulation, and put forward some relevant suggestions to improve the system of supervision of social security fund.展开更多
At present, the social security fund has a serious problem in all aspects. This paper introduces the social security fund related background, elaborated the social security fund and social security fund related to sus...At present, the social security fund has a serious problem in all aspects. This paper introduces the social security fund related background, elaborated the social security fund and social security fund related to sustainable development concept and its significance： analyzes the current situation of the social security fund and the problems that can realize sustainable development, the key lies in the internal operation mechanism of social security funds, especially the social security fund raising mechanism capacity and investment capacity, ability to pay and supervision ability; finally puts forward some countermeasures for promoting the sustainable development of the social security fund, the balance of the social security fund is the social security system of sustainable development conditions.展开更多
The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social secu...The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social security Fund involves four agents, among which the entrustment between National Council for Social Security Fund （SSF） and social security fund management company is a key element. Due to information asymmetry phenomenon in the entrustment management process, the fund needed to establish the appropriate entry and exit criteria, and relying on a third party to avoid agency risks.展开更多
The social security fund is the cornerstone of the establishment and implementation of the social security system. Whether it can achieve sustainable and healthy development directly affects the operation and developm...The social security fund is the cornerstone of the establishment and implementation of the social security system. Whether it can achieve sustainable and healthy development directly affects the operation and development of China＇s social security system, which will affect social stability, economic development and even political stability. Therefore, this paper studies the management and operation of the social security fund, from the perspective of sustainable development and the problem of increasing the value, to make recommendations for the sustainable development of the social security fund.展开更多
The value of social security funds, has always been an important part of our country social security enterprise as a whole, it is the one of the main ways to realize the social stability and national economic income. ...The value of social security funds, has always been an important part of our country social security enterprise as a whole, it is the one of the main ways to realize the social stability and national economic income. In the triple pressure with ageing population, inflation and social security transition, the value of the social security fund in our country is particularly acute. Analyses the receipts and expenditures of social security funds, investment and operation structure and put forward some rationalization proposal, which has significant meaning for a better play to the role of the social security fund and actively promote the innovation and development of China＇s social security fund management.展开更多
The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease o...The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease of potential growth rate has become an indisputable fact. Social security fund is an important source of funds for the protection of people＇s livelihood, whose every movement often attract much attention. Under the situation of new normal economy, how to ensure the preserving or increasing value of social security funds on the premise of security is the core task in the operations management of social security fund investment. At present, there are some difficulties in the development of the social security funds, such as the management system and operation mechanism are not perfect, some institutional measures have not been fully implemented and the progress of the law and regulations is slow. In this paper, we will put forward some corresponding improvement measures, such as expand the scope of social security fund investment, accelerate the implementation of the nominal account system and strengthen the actuarial management of social security fund.展开更多
The social security fund investment operations of the social security system of a country or even the whole economy has a very important role in recent years, although China＇s social security fund management has made...The social security fund investment operations of the social security system of a country or even the whole economy has a very important role in recent years, although China＇s social security fund management has made great progress, but China＇s social security fund investment operations in increasing the value of the pursuit of this goal, while also facing tremendous pressure. After years of practice of reform, China＇s old-age, unemployment and medical insurance and minimum living focused on the social security system has taken shape, but also the corresponding social security fund was established. Part of the problems of social security funds and other investment operations are increasingly apparent. How to achieve the social security fund is necessary to ensure payment, but also realize the accumulation, it is necessary to increase the value, but also to avoid risks, it has become an urgent task of China＇s reform and development. Social Security Fund Investment Management became the central task of the Social Security System.展开更多
The current China＇s social security fund adopts the operation mode of ＂combination of social pooling and individual accounts＂.With the increase of the social security fund, the settlement of these problems is very ...The current China＇s social security fund adopts the operation mode of ＂combination of social pooling and individual accounts＂.With the increase of the social security fund, the settlement of these problems is very important. In this paper, the analysis based on the problems of China＇s basic old-age insurance in the current system mode operation, the ＂nominal account system characteristics and operation of overseas advantages and disadvantages on were described in detail, and points out that the＂ nominal account ＂made for a new old-age insurance system mode is conducive to resolving the problems existing in the operation of social security fund, so as to promote the foundation of sustainable development.展开更多
Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reducti...Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reduction effects of social security spending.Market income and redistribution policies are two determinants of income gaps.Based on CHIP2018 household survey data,we find that inadequate income redistribution policies have contributed to yawning income gaps,and that social security spending is more redistributive than personal income tax and social security contributions.After estimating the redistribution effects of social security spending and itemized incomes,we find that pension payments have contributed the most to household income gaps,and that subsistence protection and rural pension payments help improve income distribution.With respect to the poverty reduction effects of social security spending,we have estimated China’s current poverty incidence and the poverty reduction effects of pension payments,healthcare,and educational allowances with CHIP2018 data,and discover that an increase in social security spending may effectively reduce rural poverty.In building a moderately prosperous society in all respects,China should increase social security spending,focusing on specific target groups,and promote the role of social security spending in regulating income distribution and offering social protection to rural residents.展开更多
Theory and practice of full social security funds have been more concerned about the Chinese enterprise reform in particular lack of social security funds are insufficient pension fund problem has been of great concer...Theory and practice of full social security funds have been more concerned about the Chinese enterprise reform in particular lack of social security funds are insufficient pension fund problem has been of great concern. But with the aging of the population has become increasingly prominent, personal accounts empty account, insufficient co-ordination of social security funds and other funds in the account more and more pronounced. By analyzing the necessity and rationality of state-owned shares transfer, we can see that the use of state-owned shares transfer is a good way to supplement pension fund.展开更多
文摘The social security fund is the masses of＂Survival Money＂ ＂lucky money＂. In order to promote the sustainable development of social security funds, the effective supervision of social security funds become very important. This paper based on the aims to promote the sustainable development of the social security fund and analysis of social forces to participate in the supervision of social security fund situation, put forward to further improve the social security fund supervision and management of effective means.
文摘With the steady development of China＇s economic policy and social secu- rity system, social security fund has become more and more important. Therefore, in the process of establishing and implementing social security system, the status of the accounting system of social security fund has become particularly prominent. The existing problems in the system were discussed and corresponding reform ideas were proposed by analyzing the current situation of the social security fund accounting system.
文摘In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized its social security system accordingly.This paper divides the transition of China’s social security system into seven stages before and after 1978.The traditional social security system was predicated on the dominant public ownership,a highly centralized economy,and“full employment.”It was congruous with the ownership structure,income distribution,and labor systems under the closed economy.The modern social security system is developed to meet the needs of an open economy and promotes economic development by giving play to consumption and investment,facilitating labor flow,and boosting productivity.The modern social security system requires further supply-side structural reforms to promote the high-quality development of the open economy.
文摘This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social security system is the root cause for social security fund violations, which is reflected in low level of social security unification, irrational investment system and legislative loopholes etc. Currently, China's social security funds are facing risks in management and in system; The key of risk control lies in the reforming of the overall framework of social security system through the following aspects: 1) readjust the unified account system structure to raise the level of unification; 2) reform funds investment system to boost ROI; 3) speeding up legislative to regulate the administrative costs and the behaviors of its entities.
文摘With China gradually into the spending will gradually increase the aging society, the elderly basic health and security and other aspects of life, and the social security fund plays the most important role in Medicare and security and other aspects of life, a large part of these costs are borne by the social security fund, social security fund and therefore smooth running of the stability of the society of great significance. Social security funds in long-term operation of the process should have a self-sustainability of the balance of payments, balance of such funds refers not only to the current income of the fund should be able to meet the current expenditure needs funds, but also refers to a future on a given point in time, the present value of future expenditures of all funds shall be equal to the present value of all future earnings of the Fund in order to achieve long-term balance of social security funds. This paper attempts to study the entry point for the sustainable development of the social security fund development issues, on the basis of experience combined with foreign financing and investment policy on social security funds [1], to better respond to the challenges of aging on social security funds brought.
文摘The social security funds is to establish social security system and the solid foundation on which to run, the safety of the social security fund sustainability for play a crucial role in the development of social security system. In the current aging serious today, the social security fund is particularly important. In this paper, through the introduction of the necessity of sustainable development of the social security fund, the comprehensive analysis of the problems existing in the process of sustainable development of the social security fund, tries to put forward countermeasures and Suggestions for the sustainable development of social security fund in our country.
文摘The Social security system is a necessary part of market economic system, the social security fund is the basis of running a country social security system. However, the fund of social security of our country has many problems, such as investment channel phase contrast is still relatively narrow, the portfolio is not reasonable enough, external capital market is not perfect and so on.so the social security fund in our country is difficult to achieve effective and value. This article will start from the concept of sustainable development, and hope to find out the existing problems in the process of maintaining and increasing the value of social security funds through combing the basic elements of social security funds.
文摘The national social security fund is the focus on social security strategic reserves of the central government, is mainly used to meet the ageing peak period of the social security need in the future. Since established in 2000, the national social security fund, as of December 31, 2010, the national social security fund council management total scale of 856.8 billion yuan of funds, social security fund investment gains made great achievements. But we can still see a lot of problems in the social security fund investment operation continues to improve we need to carefully study. It is as a breakthrough point, this paper adopts the method of literature research, comparison research and inductive analysis by summing up the national social security fund investment and successful experience, this paper analyzes the reasons of its historical losses, and learn from foreign experience, put forward in the next five to 10 years the social security fund investment direction and investment strategies, ensure the social security fund the value.
文摘＂The economic base determines the superstructure＂, we should understand that only to ensure the social security funds a healthy and sustainable operation and development, laying the foundation for the economic development of China＇s social security system, in order to effectively maintain social stability and even political stability. Through reading literature and comparative research on the United States, Japan, Singapore, Chile and several European countries＇ representative and typical social security fund management operations mode. in-depth exploration and analysis, compared with present situation of China＇s social security fund management after the conclusion put forward, then we should avoid some points, and come up with some conducive ideas to the sustainable development of the social security fund in our country.
文摘Social security fund is the foundation of the social security to run, so to strengthen the supervision of social security fund, and promote the sustainable development of it is particularly important. However, the supervision of social security fund of China exists many difficulties at present. In this paper ,the author will be based on the angle of the diversity of regulation, and put forward some relevant suggestions to improve the system of supervision of social security fund.
文摘At present, the social security fund has a serious problem in all aspects. This paper introduces the social security fund related background, elaborated the social security fund and social security fund related to sustainable development concept and its significance： analyzes the current situation of the social security fund and the problems that can realize sustainable development, the key lies in the internal operation mechanism of social security funds, especially the social security fund raising mechanism capacity and investment capacity, ability to pay and supervision ability; finally puts forward some countermeasures for promoting the sustainable development of the social security fund, the balance of the social security fund is the social security system of sustainable development conditions.
文摘The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social security Fund involves four agents, among which the entrustment between National Council for Social Security Fund （SSF） and social security fund management company is a key element. Due to information asymmetry phenomenon in the entrustment management process, the fund needed to establish the appropriate entry and exit criteria, and relying on a third party to avoid agency risks.
文摘The social security fund is the cornerstone of the establishment and implementation of the social security system. Whether it can achieve sustainable and healthy development directly affects the operation and development of China＇s social security system, which will affect social stability, economic development and even political stability. Therefore, this paper studies the management and operation of the social security fund, from the perspective of sustainable development and the problem of increasing the value, to make recommendations for the sustainable development of the social security fund.
文摘The value of social security funds, has always been an important part of our country social security enterprise as a whole, it is the one of the main ways to realize the social stability and national economic income. In the triple pressure with ageing population, inflation and social security transition, the value of the social security fund in our country is particularly acute. Analyses the receipts and expenditures of social security funds, investment and operation structure and put forward some rationalization proposal, which has significant meaning for a better play to the role of the social security fund and actively promote the innovation and development of China＇s social security fund management.
文摘The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease of potential growth rate has become an indisputable fact. Social security fund is an important source of funds for the protection of people＇s livelihood, whose every movement often attract much attention. Under the situation of new normal economy, how to ensure the preserving or increasing value of social security funds on the premise of security is the core task in the operations management of social security fund investment. At present, there are some difficulties in the development of the social security funds, such as the management system and operation mechanism are not perfect, some institutional measures have not been fully implemented and the progress of the law and regulations is slow. In this paper, we will put forward some corresponding improvement measures, such as expand the scope of social security fund investment, accelerate the implementation of the nominal account system and strengthen the actuarial management of social security fund.
文摘The social security fund investment operations of the social security system of a country or even the whole economy has a very important role in recent years, although China＇s social security fund management has made great progress, but China＇s social security fund investment operations in increasing the value of the pursuit of this goal, while also facing tremendous pressure. After years of practice of reform, China＇s old-age, unemployment and medical insurance and minimum living focused on the social security system has taken shape, but also the corresponding social security fund was established. Part of the problems of social security funds and other investment operations are increasingly apparent. How to achieve the social security fund is necessary to ensure payment, but also realize the accumulation, it is necessary to increase the value, but also to avoid risks, it has become an urgent task of China＇s reform and development. Social Security Fund Investment Management became the central task of the Social Security System.
文摘The current China＇s social security fund adopts the operation mode of ＂combination of social pooling and individual accounts＂.With the increase of the social security fund, the settlement of these problems is very important. In this paper, the analysis based on the problems of China＇s basic old-age insurance in the current system mode operation, the ＂nominal account system characteristics and operation of overseas advantages and disadvantages on were described in detail, and points out that the＂ nominal account ＂made for a new old-age insurance system mode is conducive to resolving the problems existing in the operation of social security fund, so as to promote the foundation of sustainable development.
文摘Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reduction effects of social security spending.Market income and redistribution policies are two determinants of income gaps.Based on CHIP2018 household survey data,we find that inadequate income redistribution policies have contributed to yawning income gaps,and that social security spending is more redistributive than personal income tax and social security contributions.After estimating the redistribution effects of social security spending and itemized incomes,we find that pension payments have contributed the most to household income gaps,and that subsistence protection and rural pension payments help improve income distribution.With respect to the poverty reduction effects of social security spending,we have estimated China’s current poverty incidence and the poverty reduction effects of pension payments,healthcare,and educational allowances with CHIP2018 data,and discover that an increase in social security spending may effectively reduce rural poverty.In building a moderately prosperous society in all respects,China should increase social security spending,focusing on specific target groups,and promote the role of social security spending in regulating income distribution and offering social protection to rural residents.
文摘Theory and practice of full social security funds have been more concerned about the Chinese enterprise reform in particular lack of social security funds are insufficient pension fund problem has been of great concern. But with the aging of the population has become increasingly prominent, personal accounts empty account, insufficient co-ordination of social security funds and other funds in the account more and more pronounced. By analyzing the necessity and rationality of state-owned shares transfer, we can see that the use of state-owned shares transfer is a good way to supplement pension fund.
