中国企业年金制度的效应与对策分析

企业年金制度作为中国的补充养老保险制度可以逐步降低国家基本养老保险的替代率,减轻政府在养老保险基金中的财政支出压力,有利于国家社会保障制度完善,有利于推动中国证券市场发展和国民经济稳定增长。政府在制定政策与法规时要吸取国外公司年金资产投资损失风险的教训,要对企业年金运行中的各种风险予以防范,要考虑养老基金规模扩大后其投资风险承担问题。只有建立企业年金投资风险承担公司,选择专业性机构对企业年金进行运营,加强对企业年金的风险控制及监管,才能体现养老基金的最终保障性,真正实现企业年金与中国资本市场的双赢。

An analysis on efficiency and countermeasures of pension system in Chinese enterprises

Enterprise pension system as a complementary endowment insurance system in China can decrease the rate of substitution of state basic endowment insurance little by little. And it can lighten the financial payout pressure that governments put aside in the endowment insurance fund. It can also be helpful to improve social security system, to promote the development of Chinese stock market and the steady increase of our national economy. Government should learn the lesson from the failure of pension assets investment loss risk in foreign countries when Chinese government takes measure of policies and regulations. We should prevent from all kinds of risks in operation of pension system. We should consider that who can respond to the investment risks after the size of retirement fund gets large. Only setting up a company that can take on the enterprise pension investment risk, choosing the professional organization to operate the enterprise pension, strengthening the control and management of the enterprise investment risk, can we show the final guarantee of retirement fund and realize doublewin between enterprise pension and capital market.