The analysis of commissioned risk in social security fund investment process

The key to sustainability of social security fund is increasing its value, while the key to increasing the value of the social security fund is income of agency entrusted investment. Agency relationship of social security Fund involves four agents, among which the entrustment between National Council for Social Security Fund （SSF） and social security fund management company is a key element. Due to information asymmetry phenomenon in the entrustment management process, the fund needed to establish the appropriate entry and exit criteria, and relying on a third party to avoid agency risks.

European policies to foster knowledge： The case of the European Social Fund-an introductory study

In recent years the European Union （EU） has struggled to become the leading force in the Knowledge Based Economy （KBE）. For that purpose, the EU defined the so-called ＂Lisbon Strategy＂. Additionally, since the sixties the EU （formerly European Communities （ECs）） invested in human resources and in knowledge using the European Social Fund （ESF）. This research tries to assess analyse critically those ECs＇ and EUs＇ investments in knowledge in the light of the economic analysis of the knowledge market. It concludes that there is evidence that the ESF has been an important provider of knowledge in Europe, contributing to the increase of knowledge levels. However, it could be concluded that the economic consequences of that effort were not assessed properly; therefore, it is not clear what the effects of the investment were. The few studies I found that may base the sort of analysis I want to make point to small, if existing effects of the ESF were small. This in itself is an interesting finding that deserves careful consideration.

Imroduction to the pension market

Social security funds is a kind of special fund for social security undertakings which is based on the legislation ,Social security fund is the material basis for the existence and sustainable development in the social security system .Consequently, It is one of the most important about the normal operation and management of the social security system that the operation of social security fund regulation and whether the value of social security funds can realize. In order to realize the value of social security fund, it is about to explore the reality and feasibility of the pension market, thus, maintain the social security fund security and realize the sustainability of social security funds, under the premise of the social security fund investment operation.

Georgian Social Insurance Fund Management Problems and Probabilistic and Statistical Analysis of Fund Capital Management

A mathematical model of management of a social insurance fund with exponential insurance reimburse and financing determined social programs is represented and analyzed; A probability density function and fund＇s functioning probabilistic characteristics are obtained, that makes it possible to determine the sufficiency of fund capital at all levels of its management. With the help of conclusion it is possible for particular period of time determine in insurance fund change of cash flow movement speed, on what basis in determined from state tax revenues assigns acceptance necessity and capacity.

Analysis on preserving or increasing the value of social security funds under the new normal economy in China

The ＂new normal＂ is the current stage of development of China＇s economy. The ＂new＂ in new normal means different to past; the ＂normal＂ means relatively stable. For a period of time in the future, the decrease of potential growth rate has become an indisputable fact. Social security fund is an important source of funds for the protection of people＇s livelihood, whose every movement often attract much attention. Under the situation of new normal economy, how to ensure the preserving or increasing value of social security funds on the premise of security is the core task in the operations management of social security fund investment. At present, there are some difficulties in the development of the social security funds, such as the management system and operation mechanism are not perfect, some institutional measures have not been fully implemented and the progress of the law and regulations is slow. In this paper, we will put forward some corresponding improvement measures, such as expand the scope of social security fund investment, accelerate the implementation of the nominal account system and strengthen the actuarial management of social security fund.