Research On Identiyfing Social Security Fund Supervision Qualification

In2006, China has broken out the appalling social security funds corruption case,which exposed loopholes in the social security fund supervision and management. Inthis scandal, nearly1/3of the Shanghai social security funds had lent to privateenterprises in the acquisition of highway rights, involving3.2billion RMB. When thesame year on November23th, the Audit Commission published the enterpriseemployees ’basic pension guarantee fund of29provinces, found violations balance of71billion, part of the social security institutions violation built office building, andthe Fund could not be recovered. Many of the social security funds are illegal erosion,misappropriated. In this case, the related administrative departments, academicinstitutions and the general public are very concerned about the oversight of theSocial Security Fund. The success or failure of its operation is not only related to themajority of the insured person and the interests of stakeholders, is also related tosecurity and stability of society as a whole.This paper analyzes China’s social security fund supervision of the mainproblems and the Shanghai social security funds corruption case. We believe that thephenomenon of China’s social security fund illegal erosion, misappropriated, arebecause of the poor institutional mechanisms of the social security fund supervision,and the lack of legislation, as well as the principal nature of the social security fundsupervision too single. In this paper we also studied the United States, Germany andChile’s experience on social security fund regulatory model and supervision system.We propose to solve our social security fund regulatory issues to the supervision ofthe Social Security Fund should take the main qualification as the main line, tostrengthen the social security fund supervision and special legislation. And the sametime we should establish internal and external supervision, coordination mechanismsbetween different social security fund supervision departments.In addition to the introduction, the main content of this article can be divided intofive chapters, the specific content is organized as follows:The first chapter introduces the definition of the concept and basic theory. Thissection focuses on related concepts such as social security fund supervision and themain qualification connotation and extension of the definition, and discusses the basic theory of the connotations of the social security fund, social security fund risk theoryand the social security fund supervision theory for the development of society securityfund supervision and the main qualification work to establish a theoretical basis.The second chapter describes the status of China’s social security fundsupervision of the subject and terms of reference configuration. We analyzed thedistribution of the main body of China’s social security fund supervision andsupervision principles. And a detailed analysis of the terms of reference of the socialsecurity fund supervision inside and outside of the department supervisiondepartments and configuration.The third chapter of the main problems in China’s social security fundsupervision of the principal qualification, as well as a typical case. Illegal erosion inthe fund on China’s social security fund supervision, squeeze, misappropriation of thephenomenon to sum up, based on the use of the typical anatomy conclusion of theShanghai social security major, and propose solutions to the illegal occupation ofChina’s social security fund supervision of the main qualifications to the SocialSecurity Fund identified the main line.The fourth chapter is the foreign social security fund supervision of the mainqualification Experience, based on the social security fund regulatory model in theUnited States, Germany, Chile, the supervision of the main distribution, regulatoryefficiency analysis, focusing on mining on improving China’s social security fundsupervision system and supervision of the main useful qualification experience andenlightenment.Chapter five is conclusions and policy recommendations. The policyrecommendations include the following aspects: finds way to develop a socialsecurity fund supervision and subject qualification; to strengthen the social securityfund supervision and management legislation; improve the social security fundsupervision and management system; clear inside and outside the social security fundsupervision department and duties; the establishment of social security the maindiversification of fund oversight and coordination mechanism.