129773932882031250_4Review: Tan: Treasury opposes social security direct investment BA shusong: pilot institutions select lang of marketization of interest rate in China: China's Guo Tianyong was manufacturing a crisis: face up to bank profitability reform needs new top design: Australia into the Pacific or bind the United States and Britain? CAs: high-speed rail subway construction risk a huge part in advance just for Yu Fenghui achievements:Controlling prices of string stretched tight 构词成分。 NaN: treatment cost push inflation to be instead to supply management of Tan: Treasury opposes social security direct vote every commentator Tan said although there is no direct, but the Ministry of finance to local social security direct investment and clear – against. The morning of March 26, Treasury, through its official site to publish announcements, interest demands the strict implementation of the Social Security Fund andValue added value provided, the financial sector must not be discretionary interest, local financial departments shall not use other than debt and deposit the balance of the Fund any other form of direct or indirect investment. In the name for the strengthening and standardizing the financial accounts of the social security fund management in the notification on the relevant issues, the Treasury review 2011 national reorganization of dedicated fiscal accounts,Is social security accounts management exposes some issues, should be standardized and resolved. Treasury's move is intended to standardize and right permissions to local governments in respect of social security investment will significantly shrink. In accordance with the notification, decentralized management of special accounts in financial-related functional areas must be full before the end of 2011 to be transferred to the financial Department of Treasury management. "Money", "Steward" separate, the financialTreasury Department is primarily responsible for account management (including account opening, change, cancellation) management, cash management and accounting, and monthly insurance provides this level of social insurance funds to finance social security department Treasury collection into the current month cumulative number and social security number and account balance data; financial indicators released, the Social Security Department is mainly responsible for budget planningAudit, business accounts, financial management, and so on. Treasury management is more rigid. By 2010
tera gold, the Social Security Act promulgated by the seventh article, local people's Governments at or above the county level of the social security administration is responsible for the administrative management of social insurance, and other relevant departments of the local people's Governments at or above the county level shall, within their respective areas of responsibility related to socialInsurance work.
According to the 68th, deposited on account of the social insurance fund, specific management measures stipulated by the State Council. Prior to this, local Government has a great deal of discretion now
tera gold, right to social security departments at all levels have proposed. According to the social insurance fund balance, on the basis of consultations with the relevant departments, make a dump of time deposits or buy bond funds balanceNumber and duration of recommended; financial and treasury departments in accordance with State regulations establish specific dump of time deposits, purchase of State bonds of the operation of the program, and in accordance with the regulations of the program implementation.
Local financial departments shall not use fund balance for any other form of direct or indirect investment. Unable to break through the investment scope of the current provisions of the social security fund, in addition to deposits and Government bonds to other investmentFunding.
If several persons called for social pension investment breakthrough Ministry is small break between the demand deposits and time deposits. Not only that, but future investment will further shrink, social security accounts will further cut: provincial and municipal social security account set up in more than 5, streamline the incorporation in principle before the end of 2012 to 5; social security account set up at the county level 3 or aboveAnd by the end of 2012, in principle, to streamline the incorporation to the 3, and fenzhang against social insurance fund accounting, interest as required by policy. With a commercial bank is only allowed to open a pension account.
Promotion of co-ordination with provincial social insurance in the future, to further streamline the social security account number. Current opening below the social security account number in the above provisions, no longerIncreasing the social security account number. Diversified investment of social security funds was essentially halted. Under the finance pillar pension fund functioning of the Lakes system, with diversified investments in fund balances will be like a tree without roots, flows next to the personal account of funds of funds depends on the Ministry of finance in the big pool. Council for social security fund investment is more successful, which is favourable policy and marketsOperation.
Now, place to go into the social security fund to sound track. Some scholars believe that, the social security fund is the Government's bank accounts, pensions are one of pension referred to the social security fund management in Guangdong province or into the account of the Central Government, because the social security fund will be within the scope of the supervision of the State Council, the Ministry of "notification" of Guangdong ProvincePractices do not conflict. Such a fun interpretation of purely comfort, Council of State regulation of the Social Fund, and into the National Treasury is entirely different; the diversified investment of social security funds, and savings, bonds are two separate issues, strong control of the Ministry of social security of the future than ever before. My bold speculations, in the context of pension account inequality, racing frequently, Large areas of the financial transfer payment in the future will be hard to avoid. Debate a long time ago, local pension market results uncovered: the pilot, after Ministry specification, select the direction of the two poles apart. Guangdong implemented liberalization and diversification and finance advanced the endowment funds the management of "everything". Debate ends, no one is a winner, a pipe die, aHe just randomly cycles, non-institutional improvements, only through system reform
tera power leveling, people can laugh in the end. Social credit, marketing is the trend. I in no way opposed to the diversified investment of social security funds, and advocated gradual advance, in fair market with professional investors are more stable revenue, as well as to enable payment has the right to choose, and public investment collectionBenefits, regular audits, to safeguard the interest paid.
Transparent, open, professional and done over several points, on the premise of a pension diversification. Credit unknown buzhang, cycle, interest groups run rampant market, conservative and prudent investment of its legitimacy. Must not forget that, in 2006, the National Audit Office published in 29 provinces and municipalities and 5 cities with three social securityGold findings, discovered irregularities in 1999 the amount of $ 2.347 billion years ago, $ 4.788 billion since 2000, misappropriated, principal financial, investment real estate, are not uncommon. But we should not believe that Treasury investment will secure. Sound investment, responsible for the payment of, should be included in each public investment collectionYi, audits on a regular basis and shall be open to audit findings. Otherwise, who can guarantee that the soundness of the Treasury investment can do better than the local governments of sound investments more attractive? Gold-line statement in daily economic news: Gold-line reproduced above, does not show confirmed its description for investor use only and does not constitute investment advice. Investor operations accordingly, at your own risk.
Others:
No comments:
Post a Comment