| With the problem of the aging population and currency inflation, the delivery of the pension has been more and more important. In the second session of the NPC session, Premier Li Keqiang mentioned that some city government had the difficulty on the delivering the pensions and he stressed that the city government should decrease the deposit proportion of five insurance payments. This policy needs the higher requirements on the funded pension fund investment and operations. Pension fund investment operations are divided into central and local government investors. Central State pension fund investments are allocated by special funds, self-financing. And the local government bears the responsibility of all the operation loss. So the study on the city funded pension fund’s investment and operation has the research value.This paper studies the scholars’ research results and theory. Then the paper studies the Chile’s pension fund investment and operation. Following the research, the essay establishes the research framework. Then the paper regards the Suzhou as the case to analyze the pension fund’s investment and operation. The analysis is divided into four parts, the direction of the investment, the asset allocation, the risk control and the monitoring of the investment. Finally, according to the earlier studies, the paper designs some improvements on the Suzhou pension fund’s investment and operation. |
