职业养老金:进入产品化投资时代

Occupational Pension: Entering the Era of Productization Investment

2013年人社部将养老金产品纳入到职业养老金的投资范围,由此开启了职业养老金投资的产品化进程,养老金产品已成为养老金资产配置的有效工具,产品化投资可有效提升职业养老金投资的投资效率和管理效率。本文以养老金产品规模占养老金实际投资规模的比例作为养老金投资的产品化程度指标,分别研究了企业年金、职业年金和第二支柱职业养老金投资的产品化比例情况。

In 2013, the Ministry of Human Resources and Social Security incorporated pension products into the investment range of occupational pensions, thus starting the process of productizing the investment of occupational pensions. Pension products have become an important tool for pension asset allocation, as they can effectively improve the investment efficiency of professional pension investment. This article takes the ratio of pension product scale to the whole pension investment scale as the index of the productization degree, and studies the productization ratio of enterprise annuity, occupational annuity and the second pillar occupational pension investment respectively.