The "Basic Pension Insurance Fund Investment Management Measures" stipulates that the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government are the principals for entrusted investment of basic pension insurance funds.

According to Article 13 of the "Basic Pension Insurance Fund Investment Management Measures", the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government, as the client of entrusted investment of basic pension insurance funds, may designate provincial-level social insurance administrative departments, finance The department undertakes specific affairs. This regulation clarifies the entrusted investment entities of basic pension insurance funds and provides specific management methods.