Research On The Problems And Countermeasures In Supervision Of Social Insurance Fund In China

Social insurance fund as an important material basis for social security,its safe operation is of great significance to the social stability and economic development of a country.Our social security enterprise has developed rapidly over the past ten years,but it is still facing lots of difficulties and challenges as the system is not perfect enough.Meanwhile,because of poor supervision,the operation has taken place a lot of major illegal cases,which not only caused the loss of the old people's old-age savings,but also made the social security cause of to face a great threat.At present,the main problems,such as over-reliance on administrative means,overlapping of responsibility of regulatory agencies,opaque information disclosure and lack of subjectivity of social supervision are still outstanding.Information asymmetry,principal-agent,government regulation and government failure provide good explanations for them: there are many information asymmetry phenomena in the supervision of social security fund,especially in the multiple principal-agent relationship,moral hazard induced wrongdoing may appear at any time.While,as the manager and supervisor,the government has the influence of the it's own limitations and information asymmetry.Therefore,in the supervision,the social insurance fund,which is caused by the government failure and the power rent-seeking,will be misappropriated illegally.On the realistic level,as the unsound system,the low level of legislation,the lack of coordination mechanism,the low efficiency,the shallow concept of the rule of law and the weak foundation of the information construction,the problems are caused by the main body,mechanism,information and so on.In order to improve the supervision,this article compares the status of four typical countries as the United States,Germany,Japan and Chile,and recognizes that sound legislation is the prerequisite.Social participation is an important force,and the efficient information disclosure mechanism is the guarantee.Combined with our conditions and reference to foreign experience,this paper puts forward the following suggestions: Firstly,we should improve the legislative system.Secondly,we should clarify the power and responsibility mechanism.At the same time,the state should constantly strengthen the information construction,improve the level of information disclosure,and gradually build the rule of law environment of the main body of social supervision,so that the social supervision should play its due role.