文档介绍：山西财经大学
硕士学位论文
我国养老保险个人账户基金投资管理研究
姓名:侯治江
申请学位级别:硕士
专业:社会保障
指导教师:白凤峥
2008-05-20
摘要
为了应对日益严重的人口老龄化问题,国务院于年决定在我国建立社
会统筹和个人账户相结合的基本养老保险制度。但在实际操作过程中,从原来
的现收现付制转变为基金积累制存在很大的转制成本。政府作为社会保障制度
的最终保底人承担了巨额的隐性债务,这直接导致个人账户基金被长期挪用或
“空账”运转。从年开始国家先以试点省份进行个人账户做实,后逐步全
国铺开,积累起越来越多的个人账户基金必将成为现实。
随着全国各地个人账户基金的不断积累,巨额的个人账户基金保值增值问
题就变得尤为迫切。通过对我国个人账户基金投资管理现状的分析,发现在实
际投资管理过程中确实存在一些问题,进而对我国现行的投资环境进行研究,
同时借鉴智利、新加坡等国在个人账户基金投资管理方面的经验,最终制定出
适合我国个人账户基金的投资管理制度。

【关键词】基本养老保险个人账户基金管理投资

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Abstract
In order to deal with the increasingly serious problem of the ageing of
the population,The State Council in 1997 decided to establish a social
co-ordination and personal accounts with the basic old-age insurance
in the course of the actual operation,from the original system
are changing to a funded pooling systerm accumulated a lot of
restructuring , as the ultimate social security system
responsible for security at the end of the huge hidden debts,this led
directly to the personal account funds were misappropriated or long-term
"empty account" the beginning of 2001 the first national
pilot provinces individual accounts is done , after gradually spread
nationwide,accumulating more and more from the individual accounts of
the fund will e a reality.
With individual accounts throughout the country continue to
accumulate funds,the personal accounts of huge funds to preserve and
increase the value-added problem es particularly
the personal accounts of the status of the fund's investment management
analysis ,found in the actual investment management process some
problems do exist,turned on the investment environment in China's
current research,at the same time learning from countries such as Chile
and Singapore in the individual accounts of the fund's investment
management experience,finally working out for my personal account the
Fund's investment management system.

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