Author: Qi Haipeng
Publisher:
Publish Date: 2002-09-01
Features: Social security is the "safety net" that ensures the basic livelihood of members, promotes economic development, and maintains social stability. The social security fund is the strong material foundation supporting this "safety net," without which, the functions of social security would be difficult to realize. After years of reform, China has initially established a social security system focusing on pensions, unemployment insurance, medical insurance, and the minimum living standard guarantee. Correspondingly, the social security fund system has also been preliminarily established. Meanwhile, problems surrounding the collection, payment, and investment and operation of the social security fund have become increasingly evident. Especially in the face of the burdens formed under the traditional system, such as "national guarantee" and "enterprises handling social affairs," as well as the issue of population aging, how to ensure that the preliminarily formed social security fund,,has become a major issue facing China's reform and development.
Social Security Fund Management Research
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