[ad_1]
14 provinces 370 billion pensions were an investment
Yesterday morning, the Ministry of Human Resources and Social Security held a press conference in the second quarter of this year, the Ministry of Human Resources and Social Affairs , Lu Aihong, announced, city) signed an investment contract with the Social Insurance Fund Board, of which 371.65 billion yuan was received and investment began.
Lu Aihong introduced that the 14 provinces are: Beijing, Shanxi, Shanghai, Jiangsu, Zhejiang, Anhui, Henan, Hubei, Guangxi, Chongqing, Yunnan, Tibet, Shaanxi, Gansu. At the present time, the total amount of the contract amounts to 585 billion yuan, of which 371.65 billion yuan has been received and investments have begun, and other funds will be distributed by lots according to the contract. With regard to investment operations, the investment return rate is 5.23% in 2017. In addition, Shanghai is preparing to invest an additional 30 billion yuan, Sichuan is preparing to entrust him 100 billion yuan and negotiates with the National Council of Social Security.
Social security data for the first half of the year
At the end of June, the number of social security card holders nationwide was 1.15 billion.
At the end of June, the number of victims of basic pension, unemployment and work was 925 million, 191 million and 230 million respectively.
From January to June, the total income of the three basic pension funds, unemployment and accidents at work was 2.65 billion yuan, up 19% over the previous year, and 2.15 trillion yuan.
In the first semester, 160,000 yuan of stable subsidies were distributed to 160,000 enterprises, benefiting 14.7 million workers, and 270 million yuan of skills promotion grants were awarded to 224,000 people.
Between January and June, 7.52 million new jobs were created in urban areas, an increase of 170,000 over the same period last year. At the end of the second quarter, the national urban unemployment rate was 3.83%, a decrease of 0.12 percentage points year-over-year, falling to a new low for many years.
Interpretation
1 In which areas will pensions be invested?
There are mainly three types of deposits, treasury bills and stock funds
According to the "Regulation on the Management of Investments of Basic Insurance Funds", pension funds are limited to the national investment. The field of investment includes: bank deposits, central bank notes, interbank certificates of deposit, public debt, policy, development bank bonds, financial obligations rated above the investment level, bonds of investment. 39 companies, government bonds, convertible bonds (including segregation) convertible convertible bonds), short-term borrowings, medium-term notes, badet-backed securities, bond buybacks, retirement products , publicly traded investment funds, stocks, stocks, stock index futures, cash futures.
In addition, large national projects and the construction of large projects, pension funds can participate in the investment by appropriate means. Key state-owned companies will be reformed and listed, and pension funds will be able to make equity investments. The scope of application is limited to central enterprises and their first-tier subsidiaries, as well as to key local businesses with core competitiveness, including state or state-owned enterprises financed by provincial financial departments and public badet management departments.
The head of the Ministry of Human Resources and Social Security explained that pension funds have mainly three types of investment: deposits, government bonds and equity funds. , the proportion of which is strictly limited. The manager said the general idea is that the proportion of low risk investments is high and the proportion of high risk is low.
"The method clearly states that the proportion of investment funds, equity funds, hybrid funds and stock-based retirement products will not exceed 30% of the net badets of the fund. " The investment of the fund in the upper limit of the stock market, the focus is always to properly control the risk of investment. "
2 Why the pension should be invested In 2015, before and after the promulgation of the" management measures of basic funds pension insurance ", the Ministry of Human Resources and Social Security has performed a calculation on the scale of total investment of pension funds.
According to the examination of the relevant measures, the pension must be deducted from payment funds reserved for payment or preparation the payment of pension insurance benefits in progress.In other words, it is impossible to invest in the balance of the pension, and it will not reach the upper limit of the ratio of d & # 39; Investment at the same time.
Why invest in pensions? The head of the Ministry of Human Resources and Social Security explained that this "helps to broaden the source of funding and reduce the burden on businesses and businesses. finances. "
S According to Ministry of Human Resources estimates, pensions fell by almost 100 billion yuan. In contrast, the National Social Security Fund for Strategic Reserves, with its authorized operation, has accumulated 418.738 billion yuan since the establishment of the company until the end of 2013, with an average annual rate of return 8.13%, well above the same period of 2.46. % annual average inflation rate.
"Today, China's economic development has entered a new phase and the aging of the population is becoming increasingly difficult, and accelerate the improvement of investment policies of pension fund will help broaden funding sources and reduce financial burdens. "The head of the Ministry of Human Resources and Social Security said:" At the same time, it is important to strengthen the capacity of pension funds and promote the sustainable development of the system. "
3 How to ensure that there is no major risk?
Various Institutional Provisions and Policy Norms
The head of the Ministry of Human Resources and Social Security stated: "In accordance with the principle of security, we invest in the functioning of the pension fund, the system, the Organization, work There will be a series of measures to ensure the safety of the fund. "
According to reports, the investment management method has also taken various institutional arrangements and policy specifications for strict risk control.For example, the management method clarifies the respective rights and obligations of the donor. 39, order of the trustee, the depositary institution and the investment management institution, so that such institutions may establish a mutual verification mechanism.
At the same time, the method of management requires the management institutions that they establish and improve the internal control system for the investment management of the staffing insurance fund, strengthen the management and control of risks and protect the interests of the principal. Concerned staff have also proposed to adhere to professional standards, and it is strictly forbidden to use their position to facilitate the int themselves and others.
"The management methods have also forecast diversified investments: it is necessary to rationally allocate badets and it is clear that they can only invest in China, while strictly controlling the badets. types of investment products, investing primarily on certain mature varieties. " People said, "The management method is clear and the investment institution and the trustee establish a risk reserve based on 20% of the management fee and 1% of annual investment income, which serve to compensate for the losses suffered by the pension funds. "
The management method pays particular attention to strengthening the supervision of the government departments concerned – the amount of funds, the allocation and repatriation of the funds entrusted to the Local pensions must be reported to the Ministry of Human Resources and Social Affairs and the Ministry of Finance. The trustee, the custodian institution and the investment management institution must also report the situation of the pension investment transaction to the relevant departments with sincerity. The management measures are clear and the relevant institutions such as the People's Bank of China, the Bank Regulation Commission and the China Securities Regulatory Commission will play a supervisory role according to their respective responsibilities and will oversee the activities of deposit-taking institutions and management institutions. "Through such a series of measures, we believe that we can ensure the safety of the investment of the pension fund."
Related News
Pension Fund Financing Begins in Third Quarter
Yesterday In the morning, the Department of Human Resources and Social Security held a press conference in the second quarter of this year. According to Lu Aihong, spokesman for the Ministry of Human Resources and Social Security, the central adjustment fund was disbursed quarterly and the needs were very specific, in accordance with the requirements of the special deployment of the Council of Human Resources and Social Security. 39; State. Implementation implementation, to ensure the start of the transfer of funds in the third quarter.
At the end of May this year, the State Council issued a "Notice on the Establishment of a Central System of Adjustment for Funds". basic insurance for employees of companies. The notice clearly indicated that the central system of adjustment of the basic insurance fund for business employees will be in place as of July 1, 2018. The central fund of The adjustment is made up of funds from provincial pension funds and all funds raised during the year have been allocated to the localities.
The notice is clear, thanks to the implementation of the use of central partial pension insurance fund transfer. According to the regulations, funds from the Central Transfer Fund will be allocated on a quarterly basis and will be liquidated at the end of the year. The fund consists of funds disbursed by the endowment insurance funds of each province, according to the average salary of 90% of employees in each province and the number of insured in the province, the basis of the solution is calculated and the proportion gradually increases.
In terms of payment, the State Council stipulated that all funds raised in the year were allocated to local governments. The Central Transfer Fund will be paid according to the per capita quota and the amount of funds will be determined based on the number of retirees in each province approved by the Department of Human Resources and Social Security and the Department of Finance. The central adjustment fund is spread on a quarterly basis and the needs are very specific, in accordance with the requirements of the special deployment of the State Council, the Ministry is currently working with the relevant departments to formulate measures to ensure that they are in place. Specific execution that will be applied soon. Start the money transfer work. "
Lu Aihong introduced that regarding the national pooling of pension insurance, the State Council notification clearly indicated that it is necessary to speed up the formulation of the timetable National Emergency and Roadmap.
[Glossary]
The above solution is based on the current tax management system, and the funds that the treasury delegates to the senior finance department the current level, as well as the financial regulations of the superiors and the various special funds. "Superior Solution" can be understood as "returned".
Central Fund for Transfer
Central Fund for Transfer = Fund for 39, insurance of endowments in all provinces
Amount of work in a province = Average salary in a province × 90% × Number of insured persons in a province × Higher solution Proportion
Disbursement of $ 39: one province = approved number of provinces retired × national disbursement per capita
Wu Wei, Beijing News reporter
[ad_2]
Source link
