Pension In The Optimization Of China's Stock Market Investment Analysis

In the process of our country's pension system reform, the demands for preserving and increasing the pension value have caused more and more attention. On the premise of guaranteeing security of the pension fund, how to realize these goals by investment has become an urgent problem for insurance company and society security department.By comparative analysis to the foreign pension investment return, it is found that investment in stock has very great contribution to the pension fund profit. Because of this, this text has studied the optimization investment of the pension fund in our country's stock market.1. Background, meaning of this research, domestic and international current research situation are given.2. The classification, the structure and the system of the pension plan are summed up. Based on the actuary balanced principle, the actuary relationship between benefit, premium and discount factor is given. It tells that for a certain group with fixed benefit, the greater the discount factor is, the lower the premium is in addition, and the importance of the profit-making of pension fund is explained3. The general principles of capital investment are given, the comparing analysis of the foreign pension funds investment has done. The results illustrate that the investment in the stock market make a great contribution to the overall investment profit of pension fund.4. At first three stages investing model is set up by dynamic plan, through the solving of this model, the optimum investment tactics is given based on the premise of known stock price ups and downs. This result has explained that predicting the ups and downs of the stock price is extremely important. For better prediction stock price ups and downs, the moving average line system extensively used to predict stock price is analyzed by simulation. Four shortcomings of moving average line system are given base on the simulation result. Then three methods, variable-length moving average line system; price fluctuating factor, ups and downs space, are given to solve those shortcomings. The first two methods are tested by simulation; the results prove the methods are effectual.5. Based on the three methods, an intact optimization investment tactic of pension fund is given.