Study On The Management Of Endowment Insurance Funds For Urban Employees In Henan Province

The Thirteenth Five-Year Plan for National Economic and Social Development,2015,puts forward the justification recommendations for the pension system.Under the goal of establishing a more equitable and sustainable social security system,it is proposed to:"improve the financing mechanism,To strengthen the fund balance of income and expenditure balance,in the country to achieve pension insurance system co-ordination;according to the actual situation to adjust the old-age insurance treatment;implementation of pension insurance fund diversification strategy,investment risk management,to ensure investment income."To achieve pension insurance Fund value-added,in August 2015 the State Council issued a "basic pension insurance fund investment management approach." August 2008 China Insurance Regulatory Commission issued a "pension management business management approach".from the scope of business,investment management,risk control,supervision and management aspects of' pension insurance to carry out the relevant business norms.January 2016.Henan Province,"on the further strengthening of urban enterprises and workers in the basic old-age insurance work opinions" from strengthening the budget management,according to the law,to take a variety of measures to implement policies and other aspects of Henan Province,urban workers to promote pension funds to achieve sustainable development TheThis paper expounds the theoretical basis of government intervention theory,public product theory and principal-agent theory,and elaborates the contents of the process of collecting,investing.paying and supervising the management of' old-age insurance fund of urban workers.The Importance of the Management of Pension Funds.Combined with the Henan province urban workers pension insurance fund management institutions,the number of insured,the current situation of income and expenditure,etc.,revealing the fund collection and payment difficulties,the increasing pressure on the fund,the value of fund preservation and poor fund monitoring system is not perfect and other issues,The system is not perfect,the payment process supervision is not in place,the lack of a good investment environment the legal system is not mature four aspects of the causes of the problem.Based on the analysis of the experience of the United States Social Security Trust Fund,the German legal pension insurance fund,the Singapore Central Provident Fund,the Jiangsu Province Urban Employee Endowment Insurance Fund and the Shanghai Urban Employee Endowment Insurance F:und,Summed up the perfect collection mechanism,Age,the use of' scientific and technological means of revelation.The Henan Province,urban workers pension fund management from the fund financing links,expenditure processes,investment capacity and regulatory aspects of the proposed measures to strengthen the fund to raise efforts to improve the actual collection rate,the scientific development of payment rates and optimize the financial subsidies to increase fund income;Improve the fund payment mechanism,that is,to strictly review the retirement age,improve the treatment of adjustment mechanisms and the establishment of professional management team from the payment of control funds expenditure;improve the fund value-added capacity,that is,to raise the fund level,the implementation of diversified strategic investment to ensure fund hedge Value-added;improve the fund regulatory system,that is,to strengthen supervision and supervision of decentralization,improve the information disclosure mechanism to prevent the loss of funds from the regulation.