Municipal Social Insurance Funds Financial Management Issues

The social insurance fund is running the material basis of the social insurance system as a whole, the balance of payments of the Fund is an important prerequisite to ensure the normal operation of the social insurance system, its level of direct impact on the sustainable development of the social insurance system. The effective functioning of the social insurance fund is largely dependent on the selection and implementation of financial management model. In order to achieve the sound operation of the social insurance system, the prerequisite is to achieve the sustainable development of the social insurance funds in the financial. In1999, China promulgated the "Social Insurance Fund’s financial system, the system requires the social security funds into the financial accounts, and expenditure management, which to some extent, regulate the financial behavior of the social security agencies handling social security funds faced with the arrival of the aging peak, but due to China’s large population base, low level of economic development, increase the fund pressure. Meanwhile, the Fund is the people’s "life money", safety is the lifeline of the Fund, taking into account the diversification of investment risk is huge, national investment channels is limited to bank time deposits and treasury bonds, such security for the protection of a single investment a serious impact on the ability of the fund against inflation, the current problems to be solved is to find safe and effective for increasing the value of the way. Based on this background, the paper chose Kunming, the social insurance fund for the study, analyzed the operation of the municipal current financial management model of social insurance funds, aims to raise Kunming Social Security Fund financial management, investment, payment of monitoring, analysis and other aspects of the study to explore the growth of Social Security Fund financing and payment law, influencing factors and the role of the fund balance, which has targeted to build and improve the financial management mechanism for the further reform of the social insurance system in Kunming and adjustment to provide a reference. This article is divided into six parts, the first coverage of the study purpose, meaning and thinking framework. The second part defines the meaning of the Social Security Fund financial management, and describes the financial management framework and the overall situation of the Social Security Fund of Kunming. The third part payment from the collection, treatment and investment in three areas detailed analysis of the problems in the financial and operational management of the Social Security Fund of Kunming, and to propose corrective measures. The fourth part of a clear financial supervision and management of the Social Security Fund of Kunming should be to perfect a few comments, trying to be recommended by the feasibility to further improve the efficiency of the management of the Fund. The fifth part for the lack of existing Kunming financial analysis system of social insurance funds, improve the Fund’s financial evaluation index system. Part VI on the basis of the above analysis to conclude that a clear need to further strengthen the scientific management of the Fund, to fight the use of funds to obtain the best social and economic benefits.The innovation of this paper is:a comprehensive analysis of the laws governing the operation of the whole process of the financial management of the social insurance fund in Kunming, a number of recommendations to strengthen fund management; useful to improve. the social insurance fund in Kunming financial supervision and financial evaluation system exploration.