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Why establish a national social security fund?
The national social security fund is a centralized social security fund of the central government and an important strategic reserve of the country, which is mainly used to make up for the social security needs in the peak period of population aging in the future.

According to the Interim Measures for Investment Management of National Social Security Fund promulgated on June 3, 2006, 5438+0,12,65438, the sources of national social security fund include: central budget allocation; The reduction of state-owned shares is included in the funds; Funds raised by other means approved by the State Council; Investment income; Equity assets.

The National Social Security Fund Council is a ministerial organization directly under the State Council, and an independent legal entity responsible for the management and operation of the national social security fund. Its main responsibilities are:

1. Manage funds allocated by the central government, funds obtained by reducing state-owned shares and funds raised by other means.

2. Formulate the investment and operation strategy of the national social security fund and organize its implementation.

3. Select and entrust the investment managers and custodians of the National Social Security Fund to conduct investment operation and custody of the assets of the National Social Security Fund, and inspect the investment operation and custody;

4 direct investment in the assets of the national social security fund within the prescribed scope.

5. Responsible for the financial management and accounting of the national social security fund, and regularly prepare financial and accounting statements and draft financial and accounting reports.

6. Regularly announce to the public the assets, income, cash flow and other financial conditions of the National Social Security Fund.

7. Allocate funds according to the instructions and methods jointly issued by the Ministry of Finance and the Ministry of Labor and Social Security.

8. To undertake other tasks assigned by the State Council.