Professor Lin Yuming, a researcher at the Center for Social Security Studies of Wuhan University and a member of the Academic Committee, published his monograph Research on Solvency Management of Social Security Fund in July 2023 by Social Sciences Academic Press.

[Author] Lin Yuming, Zhou Yuanyuan

[Publishing House] People's Publishing House

[Publication date] July 2023

[Word count] 329,000 words

[Fund Project] Key Research Base of Humanities and Social Sciences of Ministry of Education, Major project "Research on Social Security Fund and Solvency Management" (Project number :16JJD840011)

[Brief Introduction]Social security fund is an important economic foundation for the construction of social security system, and its scale and anti-risk ability depend on the balance between economic growth and social development and policy support. With the continuous expansion of the scale of China's social security fund, social security support is constantly strengthened, and the "safety net" and "stabilizer" functions of social operation are constantly extended, and the positive role of economic development is increasingly obvious. China's social security fund stock is huge, but the regional fund stock structure of various types of insurance is seriously unbalanced, coupled with other economic and social factors, which affect the balance and improvement of the solvency level of each region.Based on the solvency management of social security funds and the sustainability of policies and finances, this monograph sorts out the formation and development logic of social security funds, expounds the operation of China's social security project funds, and analyzes the solvency and future performance of each project fund. This paper explains the core tasks of social security fund management, the challenges faced and the feasible measures to improve solvency.

Contents

Chapter 1 The Logic and Development Track of Social Security Fund Formation

1.1 The Theoretical Logic and Self-balancing Mechanism of Government Investment from the Front to the Back

1.2 Social Security Fund Source Diversification and Hematopoietic Mechanism

1.3 Budget Management and Statistical Analysis of the Solvency of Social Security Funds

1.4 The Paradox of Full Coverage of Social Security and Solvency

Chapter 2 The Formation and Function Analysis of National Social Security Fund

2.1 Investment Analysis of the National Social Security Fund

2.2 The Pension Insurance "Dual Track System" Reform and Fund Management

Chapter 3 The Influence of Local Government Debt and Financial Backstop Mechanism on Solvency

3.1 Whether Local Government Debt Affects the Sustainable Development of Social Security Undertakings

3.2 The role of Finance in Old-age and Medical Insurance for Urban and Rural Residents

3.3 The Heavy Burden of China's Fiscal Subsidies and the Theory of Financial "Disintegration" in Western Countries

3.4 Social Security risk control and solvency management

Chapter 4 Solvency and Interpretation of Social Security Department

4.1 Classification of Solvency of Social Security Department

4.2 The Factors Affecting the Solvency of Social Security Department

Chapter 5 The Ability to Pay for the Transfer of State-owned Capital to the Social Security Fund

5.1 Historical Review of the Transfer of State-owned Shares to Social Security Funds in the Stock Market

5.2 The Impact of State-owned Shares Reduction and Transfer to Social Security Fund on State-owned Enterprises

Chapter 6 Analysis of Social Insurance Fund Income and Expenditure Balance

6.1 Financial Expenditures of the Central and Local Governments over the Past Years

6.2 Analyzes the Formation Trend of the Rolling Accumulation Fund

6.3 The Influence of the "Empty Account" of Basic Pension Insurance on the Solvency of the System in the Future

6.4 Institutional Rigidity and Government Financial Support

Chapter 7 The Influence of Enterprise Payment Behavior on Solvency

7.1 The Impact of Social Security Payment on Enterprises under the New Normal

7.2 The Impact of Lowering the Payment Rate on Solvency

Chapter 8 The Influence of Social Security Policy Fairness on Solvency

8.1 The Fairness Evaluation of Social Security Policy

8.2 Full Coverage of Social Security and Population Structure

8.3 Solvency of Pension and Medical Insurance under the Multi-track System

Chapter 9 The Influence of Delayed Retirement Age on the Solvency of Pension Insurance Fund

9.1 Delaying Retirement Age Reform Becomes an Important Policy Option

9.2 To Avoid the Risk of Payment, the Policy of Delay Should Advance in Spite of Difficulties

Chapter 10 Solvency of Pension Insurance and Its Supervision

10.1 Financing Situation of Pension Insurance Fund

10.2 Financial Status and Solvency of Pension Insurance Funds

10.3 Solvency and Retirement Benefits Dual-track System

10.4 Adjustment of Social Insurance Benefits and Solvency Management

10.5 Several Reform Issues Affecting the Solvency of Pension Insurance

Chapter 11 Health Insurance Solvency and Regulation

11.1 The Medical Insurance System Revenue and Expenditure Problems and Financial Subsidies

11.2 The Influence of Non-medical Insurance Factors on the Solvency of Medical Insurance Fund

11.3 The Impact of Medical Expenditure on the Elderly Based on Anderson Model

11.4 The Impact of Three Reforms on the Solvency Management of Medical Insurance funds

11.5 Management of Solvency of Medical Insurance Funds

Chapter 12 Solvency of Labor Security and Its Supervision

12.1 The Decline of Economic Prosperity Index and the Challenge to the Solvency Management of Unemployment Insurance

12.2 Reform of the Mode of Use of Unemployment Insurance Funds

12.3 The Rate of Industrial Injury Insurance Shall be Adjusted in Time to Adapt to the New Situation

12.4 Analysis of Solvency of Industrial Injury Insurance fund

12.5 Workers' Compensation, Vocational Rehabilitation and Solvency Management

Chapter 13 The Investment of Social Insurance Funds Bears an Important Mission to Strengthen Solvency

13.1 The Depreciation of Social Insurance Funds Weakens the Solvency

13.2 Investment Tools and Path Selection of Social Insurance Funds for Maintaining and Increasing Value

13.3 Government Regulation of Social Insurance Fund Management

Reference

Chart Index

Postscript