"pension city" problem has become the focus of market attention. A few days ago, CSRC chairman Guo Shuqing wrote that will promote the pension market; "people's Daily" published in February 6th, said the pension market is an inevitable trend, but the market timing is still to be considered; the National Council for social security fund director Dai Xianglong also think, the pension market is conducive to the stability of stock market. ("the Beijing News" February 7th)
since the pension market is "inevitable", and "the stock market is conducive to stability", and officials said "push", it seems, "pension city" has become imminent, proud and ready. The related theory as the researchers said, the problem is "time to market, still need to be considered". But the author thinks, the pension can smoothly into the city, not just waiting for the "time", on the current situation, the remaining two unknowns.
first, the problem of capital market. In fact, the "pension", a large part has "market", which is called "pillar" pension second enterprise annuity, managed by the National Council for social security fund is the national social security fund. At present, the parties to discuss the market mainly refers to the basic endowment insurance management by local government in this part, including the basic endowment insurance fund and personal account fund. But because the account of the basic old-age insurance individual most places has been the local appropriation to pay the pension, individual account in a long-term "empty account" state, the investment operation is impossible. Even if there are some provinces and cities for the individual account, the scale is also quite limited.
for basic old-age insurance fund of this part, according to the current provisions, only the purchase of treasury bonds and deposits time deposits, said the State Council which is always "safety first". Even if be policy "accommodation" into the city, according to the National Council for social security fund director Dai Xianglong said, "the national social security fund investment stock ratio does not exceed 40%, the basic old-age insurance fund may be low." The visible market share is very small, the market scale co.. The basic old-age insurance fund scale, to bear "market stability" and "rescues the city" the desire, I am afraid that some tell some fantastic tales.
Second, investment subject. According to the current situation,ボッテガヴェネタ長財布 http://gsfsst.org/Images/bottega-veneta-japan-outlet-117.html, the basic old-age insurance investment main body has at least three possibilities: one is the Department of social insurance management center, the Department is the competent department of social security fund, has advantages in the discourse on the right. Two is the National Council for social security fund, at present it in the operation of the national social security fund, the professional advantages and talent advantages, but also investment operation experience. Three is the fund operation mechanism of local established, although "waterside pavilion" but vulnerable to local administrative intervention. Security attribute
the pension "life insurance", its capital city, especially to minimize risk, the best operation by professional financial institutions, departments of local government function but is currently responsible for the management of basic pension insurance. Therefore, how to determine the investment main body, is also a difficult problem. In 2011 December, media reported that Guangdong Province 100000000000 pension will enter the market,セリーヌ バッグ http://www.najaboxers.com/images/celine-nihon-outlet-100.html, but the Guangdong Province >
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