The Research On Government Regulation Of Investment Of Pension Fund

Endowment insurance has always been regarded as a must which guarantees people's retiring life. With the awakening of people's awareness of social security, its importance is becoming more and more self-obvious. Therefore, today, more and more people are actively participating in social security or business security, so much so that the total amount of social security fund increases rapidly, which is attributable to the population base.However, as for social security system, it still has much room for improvement because it is still in an immature and imperfect stage, especially the supervision of the investment of endowment insurance fund is still uncultivated, having just some rigid issues of law instead of regular rules and system. And its malpractice could also be revealed from the explosion of social security fund cases in many areas. While, on the other hand, it coincides with the grave situation of endowment insurance in China. First, with the early arrival of aging society and unfavorable productive forces, endowment insurance system increases the burden of national finance even though it guarantees the transition of Chinese economy; second, the fact that having undesirable stress on keeping the balance of the value of the fund requires a necessary consideration to the investment of the fund of endowment insurance with the rapid expanding of the need of the fund. While on the other hand, the imperfect fund market, the unitary and the limited types of investment and the inadequate supervision undoubtedly add the risks of endowment insurance fund investment.The thesis covers five parts. In the first part, the author gives a brief introduction to the background and significance of the subject, and launches a comprehensive analysis to the theory of endowment fund investment under government's supervision, and along the way followed by the angle and the way of research and its innovations. In the second part, the theoretic base and practical foundation of endowment insurance supervision in China are available to the readers, and a brief introduction is also given to the form, priciples and contents of it. In the third part, lengthy accounts are given to the current situation of endowment insurance fund supervision and the reasons of the inefficiency of it, and meanwhile detailed analysis of the achievements and insufficiency of the supervision is also put forward, and this part winds up with the thorough analysis of the elements that cause the inadequate supervision. The fourth part features a comparision and contrast analysis of endowment insurance supervision in Germany, America and Chile from the angle of law, mode and the way of investment, at the end of this part, the author points out that there exists some room for us to use as a source of reference. The last part, part five mainly limits its attention to some strategies to perfect endowment insurance fund investment supervision in China from the layers of government supervision orientation, supervision mode choosing, technique means of supervision.