Some Thoughts on Strengthening the Financial Administration of Social Security Funds
Liu Yuke
Abstract
Liu Yuke
Abstract
The key to China's reform of social security funds is to strenghten its administration. So ,we should take vigorous actions to combine the national finance with the administration of social security funds,bringing the revenue and expenditure of the funds into the government particular accounting. Moreover,we must set up a relatively independent social security budget and ensure the fund's whole periodic balance and the individual balance. Besides,in order to strengthen the financial administration of social security funds,we ought to establish some other auxiliary measures on capital,supervision and legislation. Only in this will the social security system be developing healthily.
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The key to China's reform of social security funds is to strenghten its administration. So ,we should take vigorous actions to combine the national finance with the administration of social security funds,bringing the revenue and expenditure of the funds into the government particular accounting. Moreover,we must set up a relatively independent social security budget and ensure the fund's whole periodic balance and the individual balance. Besides,in order to strengthen the financial administration of social security funds,we ought to establish some other auxiliary measures on capital,supervision and legislation. Only in this will the social security system be developing healthily.
Key concepts: Administration (probate law), Social security, Finance, Business, Global assets under management, Balance (ability), Revenue, Government (linguistics)