A Study On The Supervisory System Of Social Insurance Fund

Social Insurance Fund is a capital for executing social security system and a material foundation for social security activity. Normal operation of social insurance fund will protect the citizens in old age sickness unemployment a basic livelihood of circumstances. Therefore, social insurance fund is also called Raising Life Money and it has two major aims as security, and value retaining and increment.However, In reality security of social insurance fund is often encountered by many challenges without value retaining and increment.Some people look at it as "the meat of tang Buddhist monk" Execution of risk investment in breach of regulation brings about great loss. It shows that there are more problems in social insurance fund's supervision and government. The reason why for such issues is due to no support of legal. That is to say, current system lacks supervision to every link of financing, investment and payment of social insurance fund.Therefore, for maintaining harmonious and stable status of the society and for avoiding potential the risk. The issue of social insurance fund should get highly attention, especially; law system building for social insurance fund shall be strengthened. The writer of this article will make attempt discuss China's social insurance fund supervision legal system in accordance with China reality, and fundamental theories of law and economics, etc.This article totally consists of 4 parts:â… .Introducing the general theories of social insurance fund and social insurance fund law supervision, together with description of characteristics and objectives, etc. So as to make foundation for the further research.â…¡. Analysis the issues which are existing in reality and law making during operation social insurance fund in China and emphasize the necessary of legal supervision in Chinaâ…¢. Introducing the experience which operate the social insurance fund according to the law in the main country of west world such as in America Japan and The U.K.â…£. Offering helpful proposals about the issues in operation of social insurance fund, and attempt to instruct legal system of China social insurance fund supervision.