强化我国企业年金监管的政策思路

Some Thoughts on Strengthening Regulation on Corporate Annuity in China

近年来,我国企业年金制度的构建和政策法规的完善取得了明显的进展。但在企业年金监管制度方面,如营运模式、投资监管体系、综合监管体系、信息披露、信息共享、市场潜力、市场行为、税收政策、社会公众认知、专业管理人才等仍面临不少问题。企业年金的可持续发展必须重视制度环境建设,注意保护企业及行业对企业年金计划的期望,高度关注文化因素及若干潜在制度因素的制约和影响作用;充分关注企业及企业职工对企业年会计划投资营运的心理预期;必须为企业年金计划可携带性问题的解决提供现实方案和途径;尽快提升企业年金计划管理人员的专业水平。完善我国企业年金监管体系的政策思路是:构建高效的企业年金监管平台;选择适合我国实际的企业年金营运模式,允许选择多元化的运营机制;重视企业年金治理结构的制度文化约束,实施有效的风险控制;企业年金的运营和监管需要强调实施综合配套的思路。

The construction of the corporate annuity system and corresponding regulations and legislation has made conspicuous progress in recent years. However, there are still some issues to be tackled regarding its regulatory policies, for example, operational model, regulation system on investment, comprehensive regulatory system, information disclosure, information sharing, market potential, market behaviors, taxation policy, social recognition, professional management personnel, etc. The sustainable development of corporate annuity lies with existence of complete and effective systems and policies, proper maintenance of enterprises＇ expectation for corporate annuity plan, and enough attention to the restriction and impacts from cultural factors and other potential policy factors. Moreover, there should be a practical plan for portability of the annuity plan and the professionalism of people running the annuity plan should be lifted as soon as possible. The thoughts on perfecting the regulatory system for the corporate annuity plan in China are that： establishing an efficient corporate annuity regulation platform, selecting an operational model suitable for China, allowing existence of difference operational mechanism, emphasizing cultural and system restriction on the governance structure of corporate annuity, establishing an effective risk control system, and implementing comprehensive and corresponding measures both at the operation level and regulation level.