Investment and operation of the direction is clearYin Weimin said that in accordance with the provisions of the Social Insurance Law,cheap oakleys pension funds can invest in operations to maintain and increase their value. The national "12th Five-Year Planning Outline the investment operations of pension, increasing the value of specific requirements. Therefore, the pension investment operations in terms of increasing the value of the direction is very clear.But take into account "safety first" principle, the specific approach to investment operations also demonstrated. Yin Weimin, the National Social Security Fund Council Pension Fund is the government funding for long-term reserves, while the social insurance fund enterprises and individuals will pay the money, mainly PAYG, some accumulation. "No matter how the investment and operation, we have to protect the issuance of the current, to protect the safety of the funds."Yin Weimin said, "experts,cheap nfl jerseys people differ greatly on this issue. Human social security departments also need to listen to a wide range of views to research and feasibility studies, and then will be timely put forward proposals".Yesterday, the Ministry of Human Resources and Social Vice Minister Hu Xiaoyi, the pension investment operations, the central part of the subsidies continue to entrust NSSF operations belonging to the individual contributions to transfer part by the provinces of investment operations. Previously he had told the media that the pension investment operations will be taken by way of portfolio investment, rather than a single model.The buckle financial grants 13 provinces there are gapsYin Weimin, the pension income of about 1.3 trillion last year, expenditures of approximately $ 1.2 trillion, a slight balance. See from the national level, there is the issue of the pension gap. Financial subsidies for workers pension is about more than 1800 billion last year, when adjusted for financial assistance, there are gaps in 13 provinces. "But coupled with the financial assistance, all income is greater than support."Personal accounts has been done to implement 270 000 000 000Hu Xiaoyi, the basic old-age insurance system for urban workers in China to implement the model, the combination of social pooling and individual accounts empty account into a personal account funds accumulated gradually from a real account,cheap ed hardy which is one of the basic direction determined by the state. Currently carried out in 13 provinces, part of the pilot to do the real pension insurance personal accounts, has done a real personal account funds totaling more than 2700 billion. In the future should further promote the work of doing real pension insurance personal accounts.