Study On Fund Investment And Operation Mechanism Of Rural Social Endowment Insurance

With the transition of endowment insurance from Cash receipts and payments to part accumulation, the scale of our country's rural social endowment insurance fund is increasing day by day. Elements such as the rural population aging speedup, low rate of participating insurance and imperfect fund management system lead to the conspicuous imbalance between supply and demand of rural social endowment insurance, it is starving for building a upstanding social endowment insurance fund investment and operation system in order to promote the reform of rural economic system, maintain social stabilization and urge the keep and increase of rural social endowment insurance fund. Other countries such as America, Chile and Singapore's investment principle use in agility, the lowest yield regulation, better investment main body choosing, giving attention to both economic benefit and social benefit have resulted to their success, and their success provide important revelation to our country's rural social endowment insurance fund investment and operation system . According to our country's situation, we can adopt governmental indirect supervise and management, build absolute supervise organ of rural social endowment insurance fund, choose high income capital combination in safe principle. Although gained a lot of achievements in rural social endowment insurance fund investment and operation system, we still face some problems such as lack of uniform social security fund investment and operation organ, lack of comprehensive and scientific law and regulation restrict of investment and operation, lack of multi supervise system and policy system and lack of scientific investment risk forecast system. Towards these problems, we can take the principle of safe, flow and payoff as basic one, build the fund operation management mode of "marketing management ,specialist financing" ,found rural social endowment insurance fund council in province level, reinforcing every level government's macro control, trying to choose investment ways such as governmental bond, fixed deposit and commercial bank loans, real estate design, buying corporate bond, build and perfect operation law and regulations and supporting policies from operation system build, operation risk supervision, withdraw system regulation and inside system perfect.