The Public Supervision On Social Security Funds Of China

Social security funds is the foundation of the social security system. The overall integrity and good operation of social security funds would related to the vital interests of every citizen and related to the stability of the society and even the whole country. The principal-agent relationship between the social security funds owners and funds operation management institution leads to separate the ownership and management, the interests of the funds owners would be threatened. The divert events of social security funds occurred many times, which led to the social security funds loss seriously. Therefore, how to supervise each link of security funds including he social security funds raising, investment, operation and the payment is a big problem.At present, in our country, the supervision of social security funds is mainly the government, public supervision power is only an optional function. In this paper, the key we study is how to improve the level of public supervision, then make the whole public security funds supervision system be perfect at some level.On the basis of the information asymmetry theory, principal-agent theory and the citizenship theory in this paper,the author puts forward from three aspects including the government, the social security fund management institutions and the trade unions, and puts forward relevant countermeasures:Firstly, the government. Government in the aspect of improving the social supervision system plays an irreplaceable role, the government through legislation, enhance public supervision power in the position in the whole supervision system, and give power to the public supervision corresponding legal effect. Even at the same time to strengthen the construction of civil society, improve citizen consciousness, expand the public supervision power, in addition, the social security funds management institutions set up a legal consultancy, the social security funds management institutions should first consult the consultancy before the implementation of major policy decisions.Secondly, the social security funds management institution. The public join the supervision system will need an important way, and this way should be provided by the social security funds management institutions.They must establish a perfect information disclosure system of social security funds, funds managers take appointment system, legal opinion polls and hearing system. These measures can make the public join the social security funds supervision system.Thirdly, trade unions. The unions need to change the defect itself in the enterprise, and do achieve economic independence, full-time union cadres. The specific approach is to solve the problem of funding sources, and cadres is mainly composed of the superior transfer and social recruitment. And trade unions have to ginseng protect personnel for social security funds financial knowledge training, let the participants know these knowledge, then the funds owner can targeted supervise the funds.