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What is included in the enterprise social security fund
Social security funds is the abbreviation of social labor security funds, also referred to as "social security funds", is coordinated by the national and local social labor security bureau, through the national, local, unit collective and individual multi-channel fund-raising, mainly used for participating in the social security of the workers' social security and social welfare, is to provide basic protection of the future life of the participants of the "pension" and the future life of accidental rescue or medical treatment of "life-saving money". It is the "pension" that provides the most basic protection for the future life of the insured, and the "life-saving money" for the rescue or medical treatment of future accidents. Social security funds are converted into investment funds, also known as "social security funds", when they are invested by the relevant national and local management authorities in accordance with standardized and licensed operating procedures to increase the value of the funds. Social security funds are different from social security funds, which are derived from social security funds.
Social security fund is the abbreviation for the National Social Security Fund, which is a social security fund centralized by the central government and managed by the National Council of Social Security Funds (hereinafter referred to as the Council) with funds and equity assets transferred from the reduction of state-owned shares, funds from the central government, funds raised by other means approved by the State Council, and their investment income.
The social security fund is not open to individual investors. The social security fund is a part of the funds from the pension insurance premiums paid by enterprises and public sector workers that the state hands over to professional organizations to manage and realize value preservation and appreciation.
The basic principle of the investment operation of the social security fund is to realize the value-added of the fund's assets on the premise of ensuring the safety and liquidity of the fund's assets.
The state stipulates that the social security fund can enter the stock market, but of course not all of it, there are restrictions on the proportion. The main purpose is to let the social security fund to realize value-added, to ensure the interests of the people
Social security fund assets are independent of the council, social security fund investment managers, social security fund custodian assets.
The Ministry of Finance, in conjunction with the Ministry of Labor and Social Security, formulates policies related to the management and operation of the social security fund, and supervises the investment operation and custodianship of the social security fund.
The China Securities Regulatory Commission (hereinafter referred to as CSRC) and the People's Bank of China supervise the operation of the investment managers and custodians of the social security fund in accordance with their respective authorities.
The term "social security fund" is a simplified generic term, **** there are five concepts.
One is the "Social Insurance Fund";
Two is the "Social Coordination Fund";
Three is the fund on individual accounts in the basic pension insurance system, known as the " Individual Account Fund";
four, the Enterprise Supplementary Guarantee Fund, which includes the Enterprise Supplementary Pension Insurance Fund (also known as "Enterprise Annuity") and Enterprise Supplementary Medical Insurance;
five, the "National Social Security Fund
Fifth, the "National Social Security Fund".
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