Research On Social Insurance Fund Inmestmention China

The social insurance fund investment and operations are related to the tripartite interests of the state, enterprises and workers,related to basic life and protection needs of all the insured’s pension, maternity, sickness, maternity and employment injury. Entered the aging stage of China’s population, for historical reasons, there is a huge gap in our pensions, our pension and health care costs to pay pressure gradually increases, increasingly heavy burden of support, you need the social security fund’s investment and operations;Strengthen Social Security Fund investment and operations to respond to the needs of China’s inflation and unemployment, the social security fund investment rate of return is less than the CPI index, highlight the problem of increasing the value of the social security fund, there is a greater risk of depreciation; Social security fund investment is the core of the social security system construction relating to the stability of society as a whole, over time, accumulated insurance premiums will be increasing, the use of investment of the social Security Fund becomes an important issue.Based on these, the main purpose of this paper, whose object is the operation of the capital markets of the Social Security Fund, is to determine the investment proportion of optimization. In this paper, using the qualitative and quantitative analysis, macro analysis and micro analysis, theoretical analysis and empirical analysis, comparative analysis and systems analysis combining research methods, trying to reach a thorough analysis and operational research conclusions. Through the establishment of the social security fund investment optimization model and empirical analysis, and contrast to Europe and the United States and other developed countries the social security system,the paper designed to draw the problems and risks in the capital market of China’s social security fund investment process, and give a solution to the recommendations.The conclusions of this paper are as follows:First, by comparing the social security system in Europe and the United States and other developed countries, and the Social Security Fund optimal investment ratio estimates of the proportion of investment in the capital city of China’s social security fund investment process:China’s Social Security Fund investment income is low, less stable; short-term investment behavior of China’s social security fund, duration matching is a serious problem; irrational investment structure of China’s social security fund; narrow channels of China’s social security fund; investment in China’s social security fund management is not standardized; Second,there is a greater risk of social security operation of the capital market in the case of the global economic downturn.For effective control of risks, the paper proposes the following normal recommended:active widening social security fund investment channels, optimize the structure of the Fund uses; configuration according to the characteristics of the social security fund investment duration; strengthen the balance matching management of the social security fund; established a specialized agency responsible for the investment of social security funds use; soundness and stability of the capital market.The innovation of this article have two aspects:First,by used the actual data of the past, such as stocks. bank deposits, bonds yields, the social security fund investment ratio in theory has been estimated, which in practice has guiding significance and will greatly improve China’s social security fund use efficiency;Second,in turbulent times in the global economy, China’s social security institutions should actively sucked risk prevention, and combined with the actual situation in China has targeted the optimization of the social security fund investment policy recommendations,whose policy recommendations will have real significance, and effectively control of risks in the social security fund investment process.