1: Social security funds Social security funds are the abbreviation of social labor security funds, also referred to as "social security funds". They are funds coordinated by the national and local social labor and security bureaus and raised through multiple channels of the state, local governments, unit collectives and individuals. They are mainly funds

The social security and social welfare used for workers participating in social security are the "pension" that provides the most basic guarantee for the future life of the insured persons and the "life-saving money" for rescue or treatment of future life accidents.

Social security funds are invested in value-added activities by relevant national and local management departments in accordance with standardized and permitted operating procedures, that is, converted into investment funds, also known as "social security funds."

Social security funds are different from social security funds, which come from social security funds.

2: Social Security Fund: The Social Security Fund is the abbreviation of the National Social Security Fund. It refers to the funds transferred from the reduction of state-owned shares and equity assets, funds allocated by the central government, and economic funds managed by the National Social Security Fund Council (hereinafter referred to as the Council).

The State Council approves the central government’s centralized social security fund formed from funds raised in other ways and investment income.

The social security fund is not open to individual investors. The state transfers part of the pension insurance premiums paid by employees of enterprises and institutions to professional institutions for management to maintain and increase value.

The basic principle of the investment operation of social security funds is to realize the appreciation of fund assets while ensuring the safety and liquidity of fund assets.

The state stipulates that social security funds can enter the stock market, but of course not all of them, there are proportional restrictions.

The main purpose is to increase the value of social security funds and ensure the interests of the people. Social security fund assets are assets independent of the board of directors, social security fund investment managers, and social security fund custodians.

The Ministry of Finance, together with the Ministry of Labor and Social Security, formulates relevant policies for the management and operation of social security funds, and supervises the investment, operation, and custody of social security funds.

The China Securities Regulatory Commission (hereinafter referred to as the China Securities Regulatory Commission) and the People's Bank of China supervise the business activities of social security fund investment managers and custodians in accordance with their respective powers.

"Social security fund" is a simplified collective term. There are five concepts.

·The first is the "social insurance fund"; ·the second is the "social pooling fund"; ·the third is the fund on the personal account in the basic pension insurance system, which is called the "personal account fund"; ·the fourth is including the enterprise supplementary pension insurance fund

Enterprise supplementary security funds (also known as "enterprise annuities") and enterprise supplementary medical insurance; fifth is the "National Social Security Fund".

The current chairman of the Social Security Fund Council is Dai Xianglong, former governor of the Central Bank and former mayor of Tianjin.

Chairman Dai also serves as the Party Secretary of the Board of Directors.

Three: Use: There are 9 social security funds*** stipulated in the Chinese Social Insurance Law, including basic pension insurance (basic pension insurance for enterprise employees, new rural social pension insurance, social pension insurance for urban residents), basic medical insurance (basic medical insurance for urban employees)

insurance, new rural cooperative medical care, basic medical insurance for urban residents), unemployment insurance, work-related injury insurance, maternity insurance, etc.

On the one hand, all parties call on the state to establish an accountability system for social security funds, announce the income and balance status of each social security fund pooling account to the public, and severely deal with violations.

In addition to further improving the social security system and regulations, on the basis of consolidating and improving the provincial coordination of basic pension insurance for enterprise employees and clarifying the authority of pension insurance, the national coordination of basic pensions should be promoted.

According to international practice, no matter what investment channel a pension uses, outperforming inflation is the bottom line for maintaining and increasing its value.

However, pension funds managed by local governments can only be deposited in banks and buy government bonds, but the returns are lower than inflation.

In other words, pensions depreciate every year.

China currently has a large number of almost zero-risk products such as short-term and medium-term bills, treasury bills, and financial bonds, as well as medium- and low-risk products such as corporate bonds, corporate bonds, local bonds, and asset securitization. The annual yields of these investment products range from 5% to

Ranging from 20%, it enriches the investment options for pension funds.

Among the asset allocation of the National Social Security Fund, about 45% is invested in fixed-income products, such as bank deposits, treasury bills, corporate bonds, etc.; about 30% is invested in stocks; about 25% is used for PE investment and other investments.

In addition, industrial investment is also an important component, especially industrial investment given priority by the state.

The diversified and safe investment of social insurance funds requires the healthy development of China's stock market, bond market, industry, etc., as well as fundamental improvement of the system and reforms.

It is urgent to reform the social security fund management system to realize its safety and profitability. Four: Social security characteristics: 1. The objective basis of social insurance is the risks existing in the labor field, and the subject of insurance is the person of the worker. 2. The subject of social insurance is

specific.