The Research On Pension Fund Operation Strategy Of Heilongjiang Province

Silver hair tide is sweeping across the whole world. Heilongjiang Province hasentered the aging society in2005with the United Nations on the basis of an agingsociety standard. It is significant of the development trend of aging. The aging ofthe population will cause great pressure on the endowment insurance system ofHeilongjiang Province. The province has been making old-age insurance individualaccount. A great lot of money will flew in to pension fund account in HeilongjiangProvince. How to deal with the current pension fund gap. How to manage thecapital effectively? It’s an inevitability problem to us. The main direction is toinvestment operation of pension fund. It can ensure pension fund to be valuemaintaining, and even come true value increasing. However, we see actuality ofHeilongjiang Province pension fund investment operation, it exists a series ofproblems. These problems badly affect performance of pension fund investmentoperation. So it is important to study on investment operation of HeilongjiangProvince pension fund.Firstly, the concept of pension fund investment operation is defined. We see theactuality of the pension fund investment operation in China or other countries of theworld. The paper chooses the content and scientific methods according to thecharacteristic of the paper.Secondly, from fund amount, income and express management of fund andinvestment operation of fund analyze actuality investment operation of pension fundof Heilongjiang province at the present time. Based on these, in-depth analyzefactors which restrict investment operation of pension fund, and found out pivotalproblems about investment operation of pension fund. And study on instance ofseveral international typical countries basing on comparison on the pension fundinvestment operation. These studies help to analyze development trend of pensionfund investment operation. To learn from their experiences in order to seekingvaluable references of investment operation of Heilongjiang province pension fund.By dint of Decision-making System Theory, establish decision-making system ofinvestment operation of pension fund according to the actual Heilongjiang provincesituation. The system comprises three phase, macroscopic, microcosmic anddecision-making choice. Thereinto, by Portfolio Management Theory, the paperanalyzes and designs investment combination project in decision-making phase.Finally, according to the actual Heilongjiang province situation, and using forInternal Control Theory, the paper enriches content of fund supervision and put forward idiographic measures which enhance supervision efficiency in supervisionphase.