Research On National Social Security Fund Investment Risk Management

The national social security fund is an important strategic reserve of our c ountry,which concerns the timely payment of future pension and the interests of the whole people.However,the social security fund raised by the governme nt alone cannot solve the pension gap and strategic reserve.Therefore,the nati onal social security fund must invest and operate on the premise of reducing ri sks as much as possible,so as to maintain and increase the value.After nearl y 20 years of development since its establishment,the national social security fund has made great progress in terms of asset size,investment income and in vestment operation mode.As of December 31,2017,the total assets of the nat ional social security fund reached 2223.124 billion yuan,and the rights and int erests of the national social security fund reached 1830.203 billion yuan.Howe ver,it should not be ignored that there are still many risks in the investment and operation of the national social security fund,such as the impact of the fi nancial crisis in 2008 and the plummeting of investment returns.Meanwhile,th ere are also many problems in the investment risk management of the national social security fund that need to be improved.This paper is really based on t he above reasons to explore.First of all,this article from the national social security fund investment d evelopment course and the present situation and the existing risk management s ystem in two aspects this paper introduces the present situation of the national social security fund investment risk management,it is on the basis of the nati onal social security fund has obtained the good investment result,but the socia l security fund investment in the process of investment operation risk managem ent also appeared many problems,the social security fund the value of security is threatened.After analyzing the existing problems in investment risk manage ment,this paper selects countries with relatively mature investment operation m odes represented by the United States,Norway and Chile for analysis one by one.Second,scientific selection of investment objects;Third,improve the rewa rd and punishment incentive system to reduce the risk of principal-agent;Fourt h,improve the supervision system of the national social security fund.