The Research On Risk Management Of Occupational Annuity In Pension Company

In order to comply with the aged tendency trend of population in China,the 13 th Five-Year Plan for Economic and Social Development indicates “We will pool basic national pension and improve the basic endowment insurance system for urban workers.That will be a multi-level system including occupational annuity,supplementary pension and commercial insurance.”After<The provisional regulations of occupational annuity fund> was promulgated in 2016,the new era of multilayered and mixed national pension support system was upon us.The regulations confirm the main body of occupational annuity fund operation which contains variable roles,including agent,trustee,custodians and investment management institutions.The procedures of the operation involve making plans,contracts,payments and other business segments.Due to the particularity of occupational annuity,comparing with supplementary pension,occupational pension fund market operation needs more reasonable risk management and control system with strict supervision.Based on the analysis of the current situation and management achievements of occupational annuity,we should clarify the legal responsibility of each management organization and supervision institution.It is important to accelerate the improvement of pension fund investment policy,broaden the fund investment channels,establish a comprehensive risk management and control system,so that the regulation would become a reasonable way to avoid risks,maintain and increase the pension value.There are 5 sections in this essay.Firstly,via the concept of occupational annuity,the differences among occupational annuity,supplementary pension and basic retirement security,the development of occupational annuity domestic and abroad,we provide the theoretical basis to the occupational pension risk control system?Secondly,this paper introduces the development level of occupational annuity in China,describes how A company recognizes risks during its occupational annuity management,and studies the risks and problems that may be faced by A company in its daily operation of occupational annuity.The last part of this paper,taking the A company for instance,gives a detailed analysis in the inner risk management structure,strategies to cope with risks and the status of occupational annuity risk management within this company.In the end,this paper raises sensible suggestions to avoid the risks that may jeopardize the occupational annuity operation and to guarantee the long term return and value of occupational annuity investment.