基本养老保险基金信托的证成与运行保障

The Justification and Operation Guarantee of Basic Pension Insurance Fund Trust

基本养老保险基金信托对基金的保值增值至关重要,与其他投资工具相比,信托工具有独特的功能优势。体现在基本养老保险基金与信托在观念与制度层面的契合,并需实践佐证。但学界对此的理论研究尚显欠缺,需要对基本养老保险基金信托能否以及如何在养老金投资的大环境中运行进行研究,以构建基本养老保险基金信托的理论框架。立法并未明确统筹基金和个人账户基金在信托中的差异性,导致基金运行过程中欠缺实践路径,因此需要塑造统筹基金与个人账户基金不同的信托模式及运营规则。

Basic pension insurance fund trust is crucial to maintain and increase the value of the fund.Compared with other investment tools,the trust has a unique advantage that is,the concept and system of basic pension insurance fund and trust are highly compatible,and can be supported by practice,but scholars ＇research on this issue is still inadequate. We need to research the feasibility and method of running basic pension insurance fund trust in the pension investment environment,and how to build a theoretical framework of basic pension insurance fund trust. The legislation does not specify the differences of fund and individual account in trust,leading to lack of practice approach in the operation of the fund and therefore we need to shape different trust models of fund and individual account.