Social security fund is the abbreviation of social labor security fund, which is also referred to as "social security fund". It is co-ordinated by the state and local social labor security bureaus. The funds raised by the state, local, unit collectives and individuals are mainly used for social security and social welfare of workers who participate in social security. It is a "pension" that provides the most basic guarantee for the future life of the insured and a "life-saving money" for the rescue or treatment of future life accidents. Social security funds are converted into investment funds by the relevant national and local administrative departments in accordance with the operating procedures permitted by the norms, which is also called "social security funds". Social security funds are different from social security funds, and social security funds come from social security funds.
the social security fund is the abbreviation of the national social security fund, which refers to the social security fund centralized by the central government, which is managed by the National Social Security Fund Council (hereinafter referred to as the Council) and is composed of funds allocated from the reduction of state-owned shares and equity assets, funds allocated by the central government, funds raised by other means with the approval of the State Council and their investment income.
The social security fund is not open to individual investors. The social security fund is that the state entrusts part of the endowment insurance premiums paid by enterprises and institutions to professional institutions for management, so as to maintain and increase the value.
the basic principle of social security fund investment operation is to realize the appreciation of fund assets on the premise of ensuring the security and liquidity of fund assets.
The state stipulates that social security funds can enter the stock market. Of course, not all of them are restricted in proportion. The main purpose is to increase the value of the social security fund and ensure people's interests
The assets of the social security fund are independent of the board of directors, the investment manager of the social security fund and the custodian of the social security fund.
the Ministry of finance and the Ministry of labor and social security shall formulate relevant policies on the management and operation of social security funds, and supervise the investment, operation and custody of social security funds.
China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) and the People's Bank of China shall, according to their respective functions and powers, supervise the business activities of social security fund investment managers and custodians.
"social security fund" is a simplified general term, and * * * has five concepts.
first, the "social insurance fund";
the second is "social pooling fund";
The third is the fund in personal account in the basic old-age insurance system, which is called "personal account fund";
Fourth, the enterprise supplementary security fund including enterprise supplementary endowment insurance fund (also called "enterprise annuity") and enterprise supplementary medical insurance;
the fifth is the national social security fund.
Further reading: How to buy insurance, which is better, and teach you how to avoid these "pits" of insurance.