Study On Operation Of Employer Pension In Hebei Province

The government of China promulgated the 'pilot scheme for employer pension and employer pension fund management pilot scheme', marks the beginning of full implementation of China's Employer pension system in 2004. Hebei Province published the 'The implementation of employer pension opinions in Hebei Province' in December 2004. A reasonable mode of operation of the employer pension is the base of annuity businesses operating healthy. Because of the implementation of China's Employer pension is shorter, there are still some room for improvement and perfection of the place at system design and operation, the employer pension fund research on the mode of operation is an important theoretical and practical significance.This article introduced permits several kind of employer pension operation pattern which under our country current law laws and regulations appears, absorbs typical employer pension developing process the experience, through each kind of employer pension operation pattern advantages analysis which current exists to Hebei Province, unifies Hebei Province enterprise own characteristic, according to the macro economic environment, the choice suits the employer pension operation pattern which enterprise develop. This article proposed that the employer pension should adopt'2+2'model under the present economic form of Hebei Province, that is, account managers and trustees tied, the trustees and investment managers bundle model, will enable more customers to enjoy fast, convenient and stable services, reduce the cost of pension fund management and related expenditures, improve the efficiency of deal with employer pension affairs. At the same time, the development of employer pension in accordance with the status quo in our province, the Government should carry out measures five aspects of the system; improve the China's capital markets and promote their development, we should be innovate derivatives, expand investment and hedging instrument. Develop fiduciary liability insurance products, transfer of the fiduciary duties of employer pension risks, and prevent the contradictions and settlement to disputes between the client and the trustee. Safeguard the interests of the beneficiaries, set up the system of the protection mechanisms to promote the annuity market development, ensure social stability and harmony, that which we do have great significance. Finally, the promotion of financial innovation and enhance the level of financial services. Employer pension the healthy development of the management operations require continuous upgrading of services and actively participate in employer pension market.