What does the National Social Security Fund Council do?

The National Social Security Fund Council (NSSF) is a non-profit organization in Chinese mainland, which is mainly responsible for managing and operating the national social security fund. This fund is mainly used to pay social insurance benefits such as pension, medical care, work injury, maternity and unemployment under China's future social security system.

The main responsibilities of the social security fund include:

1. entrusted to manage the national social security fund to ensure its safety, preservation and appreciation.

2. Formulate the investment strategy and planning of the national social security fund, and adjust the investment portfolio according to the market environment.

3. Regularly report the income and expenditure, management and investment of the national social security fund to the State Council to ensure transparency and credibility.

4. Participate in the research and formulation of social security policies, and provide technical support and suggestions.

5 to carry out exchanges and cooperation with social security institutions in other countries and regions, learn from international experience, and improve the fund management level.

The National Social Security Fund Council plays an important role in China's social security system. Through prudent investment management and risk control, we will ensure the preservation and appreciation of social security funds, thus ensuring the future life of the broad masses of people.