What does social security fund mean?

Social security fund refers to the social security fund centrally managed by the central finance, managed by the National Social Security Fund Council, and composed of funds transferred from state-owned shares and equity assets, funds transferred from the central finance, funds raised by other means approved by the State Council and their investment income.

Social security fund refers to social insurance fund, social pooling fund, individual account fund (fund in individual account in the basic old-age insurance system), enterprise annuity (enterprise supplementary security fund) and national social security fund. The social security fund, which is centrally managed by the central finance, is managed by the National Social Security Fund Council, and consists of funds allocated from the reduction of state-owned shares and equity assets, funds allocated by the central finance, funds raised by other means approved by the State Council and their investment income.

The basic principle of social security fund investment operation is to realize the appreciation of fund assets on the premise of ensuring the security and liquidity of fund assets.