Government Responsibility In The Supervision Of A Pension Fund Research

In the study of liability of the government on the supervision of the pensions funds , this paper started with the nature of pensions funds, reached that only the social security funds with the nature of accumulation is actually the social security funds, and the domestic way of saying social security funds accurately refers to the social insurance pensions fund. With the scale of the social insurance fund growing, the fund's interaction with the investment market is increasingly closer, supervision is to ensure the long-term safe operation of the funds and an important guarantee for preserving and increasing the value. The pension insurance arrangements as a system, the role of the government is self-evident, therefore, the study on responsibility of government is just the point of pensions supervision issues.Thus, in the second part of this paper, through summarizing the various theories of government intervention, explored the general theory foundation, in which theoretically analyzed the role and the failure of the Government performance on the pension supervision, including the theoretical analysis of the external, information asymmetries and the governmental rent-seeking, so as to provide a theoretical basis for the government intervention into pensions supervision and regulation.That in the third part of this paper is a comparative analysis of foreign experience about pension supervision, which presented that the effectiveness of the foreign government regulating and supervising the pensions funds.The fourth part of the paper, the border of government performance in the supervision were discussed. Following by the three parts above ,put forward the cost-benefit analysis method on government supervising pensions funds, as a result built the border of government supervising the pension funds, theoretically analyzed "reasonable degree" for government to intervene in supervision of pensions funds. And than elaborated government's main functions in light of the realities, including choosing a appropriate pattern of supervision of pensions funds, formulating and promulgating the relative laws, providing a good external environment for the community to take part in the regulatory intervention on pensions funds and bear the ultimate responsibility.In the final part, proposed the recommendations to improve the supervision of pension funds in China.