Study On The Legal Problems Of The Move Of Pension To The Market

March20,2012, after the approval of the State Council, the Guangdong provincialgovernment will entrust the billion pension to the NSSF(National Social Security Fund) forinvestment. This event received wide attention in the community. How much impact aboutthe move of pension to the market will give pension management system, capital marketsand the lives of people is still in dispute. There are many issues need to be analyzed anddiscussed, such as the impact to China’s national conditions, the ability to bring theexpected results, the market adjustment related to the legal system. This artical analyzesthe market laws governing and the pros and cons of move to the market based on thepresent situation of the pension. It borrows the management experience from internationalpension moving to the market and domestic scholars view to discuss many importantissues, such as the select of the pension fund managers and custodians, assocation aspectsof the transaction, the information disclosure obligations. This artical will conclude thepension system design ideas and market risk compensation mechansim.