What is social security fund?

What is social security fund? From the interpretation, the social security fund, also known as the national social security fund, refers to the social security fund formed by the National Social Security Fund Council responsible for reducing state-owned shares and equity assets, funds allocated by the central government, and funds raised by other means with the approval of * *.

In terms of investment and operation, the basic principle of social security fund is to realize the appreciation of its assets on the premise of ensuring the security and liquidity of the fund. Social security fund assets are assets independent of the board of directors, social security fund investment managers and social security fund custodians. This is also a "social security fund" for ordinary people to enter the stock market. To put it simply, the specialized agencies of national social security put their assets into the capital market in order to make it possible for the social security premiums paid by many individuals to appreciate. After obtaining the corresponding profits, the state uses the funds to establish a social security system.

In terms of income, the social insurance fund mainly includes the following contents: social insurance premium income, interest income, financial subsidy income, transfer income, superior subsidy income, subordinate superior income and other income. Social insurance premium income refers to the units and individuals that need to pay fees to pay their own fees according to the corresponding proportion of the payment base; Interest income refers to the purchase of state bonds with social insurance funds or deposit in banks to generate certain value-added and obtain corresponding interest income; The financial subsidy income refers to the financial subsidy income of the social insurance fund at the same level; Transfer income refers to the fund income distributed by social insurance objects across the overall planning area; Higher-level subsidy income refers to the subsidy income received by lower-level social insurance agencies from higher-level social insurance agencies; Subordinate income refers to the fund income accepted by the superior social insurance agency from the subordinate social insurance agency.

Conceptually, social security fund has five different concepts: social insurance fund; Social pooling fund; Personal account fund; National social security fund; Supplementary security fund for enterprises. Among them, the individual account fund refers to the fund in the individual account in the basic old-age insurance system; Enterprise supplementary security fund specifically refers to enterprise supplementary endowment insurance fund and enterprise supplementary medical insurance.