Social Security Subsidized Loan Program Design Of Postal Savings Bank Of China Tieling

The pension system of the basic social security system is the most important part, it provides the necessary protection in life after leaving the production jobs. But the presence, the crowd and the hardship of laid-off people are unable to pay pension costs, making it impossible to receive a normal pension phenomenon, this phenomenon is not only to make the part of the population in later life more difficult but also increased social instability factors harmony. Therefore, an effective solution to the difficulties in basic pension insurance premiums paid crowd problem is imminent. According to local government introduced Tieling fiscal discount policy,the paper advances that the Postal Savings Bank branch and Tieling government subsidized loans starting a social security services,explores the feasibility and operational procedures by way of financial discount,bank loans provide financial support for needy people pay the basic old-age insurance.First, the article briefly outlines the background of the social security subsidized loans, significance and research methods. Social Security subsidized loans is made in the context of inadequate collection and limited coverage of pension insurance. We intend to provide loans to enhance the contribution rate of life of disadvantaged groups, aims to help the government to solve the problem of people’s livelihood and the collection of basic pension insurance, as well as to create the social image of the Postal Savings Bank branch Tieling; secondly, the article analyzes the feasibility of the Postal Savings Bank opened a branch of social security subsidized loans. This section introduces the concept of social security subsidized loans, compared with the general personal loan flow of the Postal Savings Bank branch Tieing, brought a detailed analysis on subsidized loans for start-up social security advantages, weaknesses, opportunities and challenges faced and the costs and benefits of this gives the Postal Savings Bank branch in Tieing;again, elaborate design principles of social security schemes subsidized loans, according to product design elements, for the process and risk control measures. According to the needs of the borrower groups, the article provides subsidized loans for social security amount, term, interest rate, repayment and other factors to ensure that the loan application efficiently between the bank and external agencies to shorten the approval time within the bank, but also in line with the bank’s internal control mechanism, design a relatively reasonable loan process, and the risk of the loan may have been analyzed at the same time raise the risk prevention measures; and finally, propose specific safeguard measures to ensure that the social security insurance subsidized loans to promote the smooth operation. First, introduce Six Sigma management mechanism to implement constraints and coordination mechanism; the second, Clearly related to the responsibility for social security bureau, social insurance agencies, the Financial Bureau and the Postal Savings Bank branches and other cooperating agencies; third, the bank should establish an effective incentive mechanism to enhance the enthusiasm of the Postal Savings Bank branch offices at all levels of Tieling handle social security subsidized loans; Fourth, as soon as possible to improve information technology systems to improve business processing speed to meet business needs.