The Investment And Supervision Of Basic Pension Fund For China

At present, The pension system of the countries all over the world are facing the impact of aging population in various degrees .In order to counterwork the pension payment risk that already exists or will gestate, some countries starts from establishing fund accumulation system for individuals and corresponding market-oriented investment system, followed by introducing a new fund-raising mechanism and fund operation mechanism, thus coordinating the insurance system reform with the reform of banking system, fostering the capital market closely. These measures have won initial success.On July 1997,The State Council issued proposal of "Decision on establishing a unified enterprise worker's basic insurance system", in which an endowment insurance mode of was definitely put forward.Until now, our country has established a three-dimensional insurance system that included the basic national pension, enterprises annuity and individual saving pension.The yearly accumulating amount of pension fund results in an urgent question on how to maintain and increase its value. In the incomplete or undeveloped capital market of our country, it is of great importance to analyze and evaluate the development situation and the interaction between the basic pension fund and the national financial market, to arrange the entrance of pension fund into the capital market in a scientific way, and to set up a management organization and supervision...