To prevent other place is called by analysis of investment

To prevent other place is called by analysis of investment
After the national social security fund on March 20, the council announced, with the approval of the state council, the social security funds entrusted by the government of guangdong province council, investment operation guangdong town worker is basic endowment insurance balance fund 100 billion yuan. Guangdong pension will invest primarily in yuan bonds and bank deposits, QiYeZhai, JinRongZhai etc have fixed income product, the client can get no less than the same period fixed deposit interest income of the bank. The move which is first in the country.
China politics and law university law and economics research center HuJiYe said, an associate professor at the Treasury, the provisions of articles belongs to reiterate before. Guangdong pension entrust billions social security fund investment after operation and other places might germination of impulse to investment, to prevent other place by the social security fund investment fake oakley half jacket sunglasses, the Treasury reiterated that the regulation.
With a view of the Treasury place social security fund balance investment limited time deposit and national debt, not to carry on other forms of direct and indirect investment, and guangdong billions pension market conflict.
To this, HuJiYe explanation says, guangdong part of the social security fund balance of social security funds entrusted by the council is to get the approval of the state council of the operation, and the ministry of finance shall not conflict. The ministry of finance to emphasize local government regulation is unable to use social security fund balance for investment.
S extensions
"Local governments to use the social security fund investment the case"
The central university of finance and economics research institute President WangYongJun financial analysis said yesterday, Treasury reiterated that the regulation or because the current government to use the local social security fund balance investment behavior has been more serious, at risk.
The Treasury said yesterday fake oakley ice pick sunglasses, since 2011, the ministry of finance in the nationwide organized the local finance only door the rectifications program. In the inspections, the social security account management also exposed some problems, to further standardize and solve. Standard only door management of social security is to maintain the safety of financial capital from the source the prevention and control of corruption a institution, and many radical measures. The Treasury request to establish social security only door management of long-term mechanism. The financial department of the local governments at various levels to establish and perfect the social security account management system, and strengthen social security fund payments management; To a regular inspection mechanism.
WangYongJun said, basic any local government all want to use the huge amount of social security fund balance for investment, to get in return. And now also exists such phenomenon, appeared before this kind of case, because the local government use social security fund balance for investment and cause huge losses.
The blockbuster 2006 Shanghai social security case is one of those fake oakley juliet sunglasses, at the time, the Shanghai labor and social security bureau, illegal misappropriation, occupy the social security fund, involving a value of RMB yuan.