Measures for the administration of social security funds

Legal analysis: Social security fund is a special fund established for the implementation of social security system in accordance with relevant national laws, regulations and policies. Social security funds are generally set up according to different projects, such as social insurance funds, social relief funds and social welfare funds. Among them, social insurance fund is the most important part of social security fund. At present, China's social insurance funds are divided into endowment insurance fund, unemployment insurance fund, medical insurance fund, industrial injury insurance fund and maternity insurance fund. Among them, the endowment insurance fund has the largest amount and occupies an important position in the whole social insurance system.

Legal basis: Interim Measures for Investment Management of National Social Security Fund.

Article 1 In order to regulate the investment and operation of the national social security fund, these Measures are formulated in accordance with relevant national laws and regulations.

Article 2 The National Social Security Fund (hereinafter referred to as the Social Security Fund) as mentioned in these Measures refers to the social security fund centrally managed by the central finance, managed by the National Social Security Fund Council (hereinafter referred to as the Council), and consists of funds and equity assets allocated by the reduction of state-owned shares, funds allocated by the central finance, funds raised by other means approved by the State Council and their investment income.

Article 3 The basic principle of social security fund investment and operation is to realize the appreciation of fund assets on the premise of ensuring the security and liquidity of fund assets.

Article 4 Social security fund assets are assets independent of the board of directors, social security fund investment managers and social security fund custodians.

Article 5 The Ministry of Finance and the Ministry of Labor and Social Security shall formulate relevant policies on the management and operation of social security funds and supervise the investment, operation and custody of social security funds. China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) and the People's Bank of China shall, according to their respective functions and powers, supervise the business activities of investment managers and custodians of social security funds.