Social security fund
213235710
Analysis of the Operation Mechanism of American Social Security Fund
At present, China's social security fund operation mechanism is still not perfect. There are many problems and loopholes in the operation and operation of social security funds. How to avoid investment risks and conduct social security fund investment through reasonable and appropriate channels for the security of social security funds Operation and preservation of value added are of great significance. Through the introduction and analysis of the operating mechanism of the American social security fund, this paper hopes to provide reference and reference for the operation mechanism of China's social security fund. 1. American social security fund management model The management of the US social security base includes federal government social security fund management, state government social security fund management, and private retirement fund management. The specific work of social security is mainly the responsibility of the Social Security Administration. Different departments are only responsible for one special business, and the division of labor is clear. The investment operation of the social security fund is handled by a specialized organization, and some advisory agencies and organizations supervise and guide the operation and management of the fund. 1.1. US federal government social security fund management model The management of the American federal social security fund adopts a combination of unified management and division of labor management, professional management and consultant participation. The specific work of social security is mainly the responsibility of the Social Security Administration. Different departments are only responsible for one special business, and the division of labor is clear. The investment operation of the social security fund is handled by a specialized organization, and some advisory agencies and organizations supervise and guide the operation and management of the fund. 1.2. State social security fund management model State social security fund management agencies include the State Social Security Administration and the state's internal social security fund management agencies. The state's Social Security Administration is responsible for overseeing the state's social security management, coordinating federal and state governments' social security relationships, and providing federal social security services to citizens. The state's internal social security fund management agency is mainly responsible for the fund management of social security and supplementary guarantees established by each state. The US state government has a very large right to manage social security funds. They can determine the payment standards and payment standards of certain insurance items and determine the investment operation mode of some insurance funds. In some cases, the social fund protection management agencies of the states will jointly discuss a certain issue or jointly supervise a certain institution. 1.3. Private retirement fund management model A private retirement fund refers to an employee social insurance program, or a social insurance plan, which is established by each company independently according to relevant laws or jointly established by multiple enterprise resources. Such private pension funds are generally set up voluntarily by Advances in Economics, Business and Management Research, volume 109 International Conference on Economic Management and Cultural Industry (ICEMCI 2019) Copyright (c) 2019 The Authors. Published by Atlantis Press SARL. This is an open access article distributed under the CC BY NC 4.0 license (http:/creativecommons.org/licenses/by nc/4.0/ 26 enterprises, and are operated by private insurance companies or fund companies. It is a kind of job security and incentive. 1.4. Social security fund supervision model The US Old Age and Survivors Insurance Fund, Disability Insurance Fund, and Medicare Fund are regulated by the federal government, and the Unemployment Insurance Fund is jointly regulated by the federal and state governments. The United States has established a special social security fund custody committee to supervise the old and survivor insurance funds and disability insurance funds, and to make recommendations on the overall operation of the fund and related management rules. The US government has also set up a Social Security Advisory Council to provide strategic and policy advice to the President, Congress, and the Social Security Administration on social security programs. And the establishment of information disclosure system, so that the use of social security funds is placed under a public supervision environment. 2. American social security fund Raising 2.1. American pension fund raising method American pension insurance adopts a fund raising model of foundation. On the one hand, it focuses on the accumulation of funds to cope with the pension payment of a generation born in the "baby boom" period. On the other hand, it continuously raises the tax rate of social security tax to ensure social security. The operation and issuance of funds. The American federal social security fundis funded by the State Administration of Taxation to collect social security taxes from employers and employees in a uniform manner throughout the country or to impose special income taxes on self employed persons. The tax rate depends on the coverage of US social insurance and the extent of beneficiary income. Employers and employees or self employed persons in the United States each bear half of the payment responsibility according to a certain proportion of their wage income, and the government does not provide subsidies. The tax rate of the endowment insurance tax is adjusted according to the principle of self care, balance of payments, and a slight balance. The Social Security Administration proposes a plan and submits it to the National Assembly for approval. 2.2. American medicare fund raising The American medical insurance fund mainly comes from the government, enterprises and individuals. The American medical insurance is divided into two parts: "hospital insurance" and "supplemental medical insurance" Hospitalization insurance mainly relies on the collection of medical insurance tax to raise funds, and employees and employers pay a certain percentage of their wages. The payment base for medical insurance is the total income of the employee, and the medical insurance tax paid is deposited in the health insurance trust fund. The supplementary medical insurance fund is mainly derived from the general financial income and the monthly premium paid by the resource insured. 2.3. Agency of American social security fund management The American federal social security fund is mainly responsible for the Internal Revenue Service, the Ministry of Finance, and the Office of the President's Budget and Management. The accounts of the American federal social security funds are directly opened in the Ministry of Finance, and the Ministry of Finance transfers to the management. The collected social security funds are also deposited in the fund accounts without entering the general fiscal accounts. 3. Investment operations of American social security fund Although the United States is a highly developed and open country, the US government is very cautious about the investment and operation of social security funds and pursues a very conservative Advances in Economics, Business and Management Research, volume 109
Wang Han Liu Longzhu
11038971
The Impact of Social Security Fund Insurance Fund on Corporate Innovation
Using the data of all listed Chinese companies from 2009 to 2014, this paper examines the impact of two typical long term returns preferred funds, Social Security Fund and Insurance Fund, on corporate innovation. Both research and development (R&D) expenses and patents acquired by a company are adopted in this study to measure innovation input and output respectively. Our findings indicate that the shareholdings of both Social Security Fund and Insurance Fund can prompt a firm's innovation in general. Furthermore, the impact of the two funds vary from state owned enterprises (SOE) and non state owned enterprises (non SOE) In particular, Social Security Fund and Insurance Fund play a significantly positive role in enhancing corporate innovation performance in non SOE while they don't improve innovation performance of SOE significantly. These empirical findings highlight the positive effects of Social Security Fund and Insurance Fund on corporate innovation, and will be of value to policy makers in emerging markets in gauging the important drivers of corporate innovation ability.
2016 13th International Conference on Service Systems and Service Management (ICSSSM)
Ningyue Liu Andi Zhang
167582176
Human Capital Management Practices Adopted by the National Social Security Fund
The objective of the study was to determine the extent to which the Kenyan National Social Security Fund (NSSF) had adopted the Human Capital Management (HCM) practices. The HCM practices that were explored include: resourcing, retention and flexibility strategies, talent management, learning and development, management succession planning, performance and reward management strategies. The study used the case study design that was based on a target population of 98 management staff in the human resource and administration department. A sample of forty eight (48) officers was selected. The sample included eight senior officers who were selected on the basis of their status and position in the said department, while the rest were selected through the stratified sampling technique. Data collection instruments used by the study were an interview guide and a questionnaire. However, a substantial amount of data was collected through documentary analysis. A response rate of 82.5% was achieved by the questionnaire technique, while six of the eight senior officers sampled were interviewed. Both content and quantitative analysis were used to analyze data which was then presented in frequency tables, bar graphs, percentages, rank ordering, and mean scores and standard deviation. Overall, the findings of the study indicate that the organization has implemented HCM practices, but to a negligible extent. Some of the HCM practices adopted by the organization include: enhancing the organization's capacity through staff training and development; setting of clear performance standards; explaining its mission, vision, and values to employees; outsourcing of non core activities; and flexibility of staff mortgage and car loan schemes. However, the rest of the practices have either not been adopted or are adopted to a negligible extent. The study suggests that there is need for further research particularly in the area of human capital measurement owing to the fact that, there is hardly any literature available on it.
Stephen N M Nzuve Alice Musyoka
156422812
The Market Reaction of Social Security Fund Investment Information:Based on the Data from China Capital Market
This paper first introduces the social security fund and its investment and the associated theoretical analysis;then uses the excess earnings method and multiple regression analysis with the social security fund holdings information as an object of study;and next makes an analysis of a total of six quarters of social security fund holdings information response of China's capital market during the four quarters of 2009 and the first two quarters of 2010.The results show that the capital market has a significant positive response with social security fund holdings information,and prove that the market reaction is indeed owned by the disclosure of information of the social security fund through multiple regression method;and finally,explores such underlying reasons as inefficiency of capital market,asymmetry of information and inappropriate disclosure of accounting information of social security fund and makes some suggestions in response to the above questions.
Tan Dapeng
167710843
The balanced scorecard as a strategic implementation tool in National Social Security Fund
The balanced scorecard as a strategic implementation tool in National Social Security Fund
M Miano
167282335
Selection of Social Security Fund Investment Manager Based on ER
Social security fund is the stabilizer and safety network of society and economy,and also is the base of social security business development.The selection of investment manager is key to retain and increase the value of social security fund under the model of trust investment.First,the index of social security fund selection investment manager selection is established.Second,the selection model is established based on intuitionistic fuzzy sets and evidence reasoning(ER).Finally,the empirical study is carried out,showing that it is reasonable and efficient by using the index and the selection model proposed in this paper.
Chunding Li
169337721
The National Social Security Fund
Tim Murton
1129183
Building a Data Warehouse for National Social Security Fund of the Republic of Tunisia
The amounts of data available to decision makers are increasingly important, given the network availability, low cost storage and diversity of applications. To maximize the potential of these data within the National Social Security Fund (NSSF) in Tunisia, we have built a data warehouse as a multidimensional database, cleaned, homogenized, historicized and consolidated. We used Oracle Warehouse Builder to extract, transform and load the source data into the Data Warehouse, by applying the KDD process. We have implemented the Data Warehouse as an Oracle OLAP. The knowledge extraction has been performed using the Oracle Discoverer tool. This allowed users to take maximum advantage of knowledge as a regular report or as ad hoc queries. We started by implementing the main topic for this public institution, accounting for the movements of insured persons. The great success that has followed the completion of this work has encouraged the NSSF to complete the achievement of other topics of interest within the NSSF. We suggest in the near future to use Multidimensional Data Mining to extract hidden knowledge and that are not predictable by the OLAP.
ArXiv
Mohamed Salah Gouider Amine Farhat
53586032
On Risks and Control of Social Security Fund Entering Security Market in China
On the basis of broad literature and data, this paper elaborates the connotation of the risks of social security fund entering security market. We analyze risks facing social security fund entering security market in China from two perspectives: external environment of China's capital market and internal operation of social security fund. And then we propose corresponding policy countermeasures to risks prevention appropriately.
Hongbo Duan
167567846
Strategy evaluation and control practices at National Social Security Fund, Kenya
Felix K Chelimo